Trades for Tuesday, Dec 13, 2016: + $605 Profits

13 Dec Trades for Tuesday, Dec 13, 2016: + $605 Profits

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9:44 – SHORT 5000 JPM 85.36avg, COVERED 4000 at 85.26, out + .10, COVERED 500 at 85.19, out + .17, COVERED 500 at 85.12avg, out + .24 =          + $605

Total Daily P/L:          + $605 Profits

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Summary

SPY ramped up through stinky 2.50s this morning to peak out just shy of of the 227.90 fib. We scaled into JPM SHORT up to 85.60s fib to lift our avg price to 85.36 and scale out the reversions back to low 85s. Closed out the morning with + $605 profits.