Trades for Weds, Oct 5, 2016: + $286 Profits

05 Oct Trades for Weds, Oct 5, 2016: + $286 Profits

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9:51 – SHORT 1600 CRM 67.41avg, COVERED 900 at 67.36, out + .05, COVERED 600 at 67.25, out + .16, COVERED 100 at 67.13, out + .28       =          + $169

10:01 – SHORT 400 CRM 67.05, COVERED 300 at 66.81, out  + .24, COVERED 100 at 67.05 even =          + $72

10:13 – SHORT 200 CRM 66.92, STOPPED 100 at 66.96, out - .04, STOPPED 100 at 67.12, out - .20          =            - $24

10:32 – SHORT 2000 CRM 67.13avg, STOPPED 1500 at 67.26, out  - .13, STOPPED 500 at 67.22, out - .09            =          - $240

10:42 – SHORT 1800 NFLX 105.74avg, COVERED 1500 at 105.58, out + .16, COVERED 300 at 105.51, out + .23            =          + $309

+$286 Profits *intra-day

SWINGS:

Open:

9/30: LONG 3500 ASNA 5.74avg,

9/28: SHORT 500 CXW 14.66avg

Total Daily P/L:          + $286 Profits

CRM10502016

Summary

SPY continued to chop this morning. We are laying low until earnings season kicks off. Hit some scalps on CRM shorts on the perfect storm breakdown but algos are keeping 66.90 area as support.  We scaled into NFLX SHORTS on the slow grind for reversions. Nursing swing trades as ASNA grinded nicely through 6 on retail sector strength and CXW short continues to play out nicely as money flow evacuates this dying sector (prive prisons). Closed the morning with + $286 Profits.