Trades for Monday, Dec. 19, 2016: + $400 Profits

19 Dec Trades for Monday, Dec. 19, 2016: + $400 Profits

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9:39 – SHORT 2300 JPM 85.08avg, COVERED 1800 at 94.96, out + .12, COVERED 300 at 84.90, out + .18, COVERED 200 at 84.82, out + .26       =          + $324

10:02 – SHORT 200 DIS 106.03, STOPPED 106.15, out - .12  =          - $24

10:04 – SHORT 500 DIS 106.05avg, COVERED 400 at 105.88, out + .17, COVERED 100 at 106.73, out + .32            =          + $100

Total Daily P/L:          + $400 Profits

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Summary

SPY tested the low 225s on the 60 min make or break and daily mini inverse pup. We scaled into JPM SHORT off the daily 5pd ma for a reversion scalp. We also nailed DIS SHORT on the 5-min MSH reversion back down to stinky 5s. Closed out the morning with + $400 Profits.