Trades for Weds, Nov 2, 2016: – $111 Losses

02 Nov Trades for Weds, Nov 2, 2016: – $111 Losses

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9:39 – SHORT 300 HLS 40.76, COVERED 300 at 40.65, out + .11      =          + $33

9:52 – SHORT 300 HLS 40.69avg, STOPPED 300 at 40.80, out - .11  =          - $33

10:28 – SHORT 500 VRX 22.10, COVERD 400 at 21.92, out + .18, COVERED 100 at 21.81, out + .29          =            + $101

10:56 – SHORT 1000 VRX 21.73, COVERED 800 at 21.52, out + .20, COVERED 200 at 21.73, out even       =            + $160

12:01 – SHORT 5500 HLS 41.11avg, COVERED 3500 at 41.25, out - .14, COVERED 1000 at 41.27, out - .17, COVERED 500 at 41.10, out + .01, COVERED 500 at 41, out + .11    =          - $600

12:12 – BUY 300 BABA 98, SOLD 98.12, out + .12     =          + $36

12.17 – BUY 600 BABA 97.54avg, SOLD 500 at 97.84, out + .30, SOLD 100 at 97.96, out + .42       =          + $192

SWINGS:

Open:

9/30: LONG 6500 ASNA 5.59avg, added 500 at 4.81, avg is 7000 LONG at 5.48

Total Daily P/L:          - $111 Losses

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Summary

SPY went into a perfect storm breakdown shortly after the open. We hit VRX SHORTS for scalps as it cracked a major fib support under 22.51. We scaled into HLS SHORT as it grinded higher on S&P 400 addition. We utilized the reversions back towards the 41.07 fib to scale out and minimize the damage. Closed out the day with - $111 Losses.