Trades for Thurs, Sept 17th, 2015: +$11,748 profits!

17 Sep Trades for Thurs, Sept 17th, 2015: +$11,748 profits!

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Morning Session

9:32 – SHORT 300 AERI 32.50, COVERED 200 at 31.10, out + 1.40 and 100 at 30.85, out + 1.65    =          + $445

10:10 – SHORT 17,000 FIT 38.68avg, COVERED 14,000 at 38.30, out + .38, COVERED 1500 at 38.41, out + .27, COVERED 1000 at 38.44, out + .22, COVERED 300 at 38.38, out + .30, COVERED 200 at 38.25, out + .43  =            + $6,121

11:34 – SHORT 400 SPY 200.39, COVERED 300 at 200.21, out + .18, COVERED 100 at 200.29, out + .10   =            + $64

11:49 – SHORT 600 ITCI 55.32avg, COVERED 600 at 54.79, out + .53          =          + $318

Afternoon Session

2:04 – LONG 500 UVXY 41.40, SOLD 500 at 43.20, out + 1.80           =          + $900

2:57 – SHORT 4700 ITCI 56.47avg, COVERED 4000 at 56.33, out + .14, COVERED 500 at 55.95, out + .52, COVERED 200 at 56.03, out + .44       =          + $908

2:42 – SHORT 3000 UXVY 38.37avg, COVERED 2000 at 37.51, out + .86, COVERED 500 at 37.22, out + 1.15, COVERED 500 at 36.96, out + 1.41     =          + $3,000

Total Daily P/L:          + $11,748 

Total Weekly P/L:        + $20,433

Total Monthly P/L:      + $21,804

Total Yearly Profit:      + $115,241

SPYUVXYafternooles09172015

Summary:

What a crazy, crazy day!  We hit AERI SHORT at 32.50 off the open for a beautiful panic to scale out 31.10 and 30.85, out + 1.40 and + 1.65.  We spent most of the morning scaling into FIT SHORT averaging in at 38.68 as it peaked near 40 and the 5 minute BOSS chart grinded down a mini inverse pup back to the 38.39 fibs to scalp out 38.30, 38.41, 38.44, 38.38 and 38.25 on very heavy size, out + .38, + .27, + .22, + .30 and + .43.  We hit ITCI SHORT at 55.32avg on a no stress scalp to 54.79, out + .53 as we wrapped up the morning session with + $6,940 profits.

The afternoon session started for us at 2pm est. upon the FOMC rate statement.  SPY got pumped and dumped after the knee jerk reaction.  We hit UVXY LONG at 41.40 shortly after the FOMC rate announcement for the SPY ruf pull to scalp out the 43.20 fib overshoots in minutes, out + 1.80.  We scaled into ITCI SHORTS to average 56.48 upside down pear shaped (small shares to start and scale up higher size) as it peaked at 58 on a 3 fib algo sweep.  At the same time, we hit UVXY SHORT at 38.37avg as a hedge and for the SPY squeeze on the break through the 201.27/201.61 fib to scalp out 37.51, 37.27 and 36.95 on large size in minutes!  The hedge turned out to be pure profit as we scaled ITCO carefully for the inevitable reversion from 58 to 56 overshoots to scalp out 56.33, 55.95 and 56.03, out + .14, + .52 and + .44.  We wrapped up the afternoon session with + $4,808 profits.  We closed out the day with + $11,748 total profits.