Trades for Tuesday-Thursday, Feb. 21-23, 2017: + $1,009 Profits

23 Feb Trades for Tuesday-Thursday, Feb. 21-23, 2017: + $1,009 Profits

Limited Spots For Spring one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available and online coaching sessions.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

Free 4-day trial to our LIVE Trade Alerts chatroom here

======

Trades for 2/23/2017

9:37 – SHORT 2800 SQ 17.50avg, COVERED 2000 at 17.35, out + .15, COVERED 300 at 17.53, out - .02   =            + $294

9:45 – SHORT 400 SQ 17.45avg, COVERED 300 at 17.36, out + .10, COVERED 100 at 17.16, out + .29       =            + $59

9:54 – BUY 1000 AMD 14.02, SOLD 14.03, out + .01 =          + $10

9:58 – BUY 200 LB 49.15, STOPPED 100 at 49.07, out - .08, STOPPED 100 at 49, out - .15  =          - $24

10:04 – BUY 300 LB 49.23, STOPPED 48.93, out - .30                        =          - $90

10:14 – BUY 200 JACK 96.95avg, STOPPED 200 at 96.85, out - .10   =          - $20

10:35 – BUY 500 JACK 97.23avg, SOLD 400 at 97.63, out + .40, SOLD 100 at 97.57, out + .34        =          + $194

11:03 – BUY 200 JACK 97.68, SOLD 200 at 97.70, out + .02  =          + $4

Total Daily P/L:          + $427 Profits

SQ01232017finafinal-labelled

Summary

SPY had its reversion to the daily 5 period ma this morning to 235.69 overshoots. We scaled into SQ SHORT at the stinky 2.50s area for nice scalps on the reversions. Very thin liquidity on LB and JACK made for frustrating fills but caught JACK on the perfect storm breakout. Closed out the morning with + $427 Profits

 

Trades for 2/22/2017

9:37 – SHORT 300 BMY 55.98, COVERED 55.68, out + .30    =          + $90

9:55 – SHORT 100 GRMN 55.06, STOPPED 100 at 55.15, out - .09   =          - $9

9:59 – SHORT 300 GRMN 55.09avg, STOPPED 200 at 55.13, out - .04, STOPPED 100 at 55.25, out - .16    =            - $24

10:27 – SHORT 2500 M at 32.37avg, COVERED 2200 at 32.34, out + .03, COVERED 300 at 32.36, out + .01            =          + $69

10:48 – SHORT 600 MBLY 46.74avg, COVERED 46.68, out + .06      = + $36

Total Daily P/L:          + $162 Profits

Summary

SPY grinded but there was a lot of chop on thinning volume this morning. Couldn’t get much going but sidestep potential landmines. Closed out the morning with + $162 Profits

 

Trades for 2/21/2017

 

Swings:
2/14/2017 - LONG 3000 S at 9.05avg, SOLD 15 Feb $9 calls @ .18,

2/21/2017 – Closed 15 Feb $9 calls, out + .13, SOLD 1500 S at 9.20, out + .15        =          +$420

 

Total Daily P/L:          + $420 Profits

 

Summary

SPY grinded to new highs. We closed out our S swing longs and the covered calls were closed out. Closed out the morning with + $420 Profits