Trades for Wednesday, May 6th, 2015

07 May Trades for Wednesday, May 6th, 2015

9:43 – SHORT 2000 CRM 73.31avg, STOPPED 73.80, out - .49       =            - $980

10:09 - SHORT 3700 CRM 73.34avg, COVERED 3000 at 73.09, out + .25, COVERED 700 at 73.15, out + .14       =            + $888

10:28 – SHORT 500 CRM 73.37avg, STOPPED 500 at 73.55, out - .18       =            - $90

10:33 – SHORT 500 EA 61.37, COVERED 60.98, out + .39       =            +$195

10:39 – SHORT 200 CRM 73.96, STOPPED 93.19, out - .23       =            - $46

10:39 – SHORT 400 CRM 73.62avg, STOPPED 74.19, out - .57       =            -$228

10:52 – SHORT 1500 EA 61.27avg, STOPPED 1000 at 61.34, out - .07, STOPPED 500 at 61.32, out - .05, STOPPED =            - $95

11:18 – SHORT 1500 EA 61.34avg, STOPPED 61.66, out - .32       =            - $480

11:36 – BUY 1500 CRM 64.90avg, STOPPED 64.65, out - .25                   =            - $375

11:59 – BUY 3500 EA 61.68avg, STOPPED 3000 at 61.40, out - .28, STOPPED 500 at 61.21, out - 47             =            - $1,075

12:59 – SHORT 9000 CVC 21.65avg, COVERED 8000 21.52, out + .14, COVERED 1000 at 21.47, out + .18, COVERED 500 at 21.48, out + .17       =            + $1,385

1:12 – SHORT 400 EA 60.95, STOPPED 61.03, out - .08       =            - $32

1:24 – SHORT 800 EA 60.92avg, COVERED 600 at 60.80, out + .12, COVERED 200 at 60.97, out - .05            =            + $62

1:25 – SHORT 1000 CVC 21.55avg, COVERED 700 at 21.29, out + .26, COVERED 300 at 21.34, out + .21            =            + $245

3:40 – BUY 400 SPY 207.66, SOLD 300 at 207.84, out + .18, SOLD 100 at 207.97, out + .30       =            + $84

3:45 - SHORT 1500 EA 60.88avg, COVERED 1200 at 60.88even, COVERED 300 at 60.92, out - .05       =            - $15

Total Daily P/L:     -   $577

Total Weekly P/L:      + $559

Total Monthly P/L:      + $595

Total Yearly Profit:      + $24,416

Summary

SPY opened with a 60 minute mini pup gap but peaked at the 209.69 fib range and turned into an inverse pup breakdown to lean down through the daily 50 period ma with a daily mini inverse pup to tag the lower bbs on the nose at 206.76 before a coil.   We got chopped around on CRM and EA.   We caught a beautiful trade on CVC hype squeeze right into the CNBC interview. We hit CVC SHORT at 21.65 avg as we added from 21.50-21.70s into the runnup to scale out 21.52, 21.47, 21.48 and 21.34 on large size.  Closed out the day with - $577 losses.