Trades for Tuesday, May 24th, 2016: + $677 Profits

24 May Trades for Tuesday, May 24th, 2016: + $677 Profits

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9:32 – SHORT 1000 BBY 31.08avg, STOPPED 31.38, out - .30           =          - $300

9:36 – BUY 1000 BBY 31.52, STOPPED 31.30, out - .22         =          - $220

9:41 – SHORT 3000 DSW 19.33avg, COVERED 2800 out 19.16, out + .17, COVERED 200 at 19.09, out + .24            =          + $524

9:56 – SHORT 700 NFLX 97.56avg, COVERED 97.34, out + .22          =          + $154

10:06 – SHORT 1000 BBY 30.95, COVERED 30.83, out + .12 =          + $120

10:13 – BUY 400 MMM 167.90avg, SOLD 167.96, out + .06 =          + $24

10:24 – SHORT 200 NFLX 97.87, STOPPED 98, out - .13        =          - $26

10:38 – SHORT 900 DSW 19.13avg, COVERED 800 at 19.02, out + .11, COVERED 100 at 19.03, out + .10 =            + $98

10:40 – SHORT 400 BBY 30.40, COVERED 300 at 31.31, out + .09, COVERED 100 at 30.26, out + .14        =            + $41

11:03 – SHORT 900 NFLX 98.47avg, COVERED 98.33, out + .14        =          + $126

11:09 – SHORT 300 NFLX 98.60, COVERED 98.43, out + .17  =          + $51

11:04 – SHORT 600 AAPL 97.54avg, STOPPED 97.62, out - .08         =          - $48

11:42 – SHORT 1500 NFLX 98.70avg, COVERED 1200 at 98.62, out + .08, COVERED 200 at 98.56, our + .14, COVERED 100 at 98.61, out + .09       =          + $133

Total Daily P/L:          + $677 Profits

NFLX05242016

Summary

SPY grinded higher on the 60-min mini pup grinds. We scaled into NFLX SHORTS for nice reversion scalps off literally every fib this morning. BBY and DSW were nice breakdowns after the opening shakes. Reversions off fibs were the name of this game this morning. Closed out the morning with + $677 Profits.