Trades for Friday, April 15th, 2016: + $493 Profits

15 Apr Trades for Friday, April 15th, 2016: + $493 Profits

 

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9:30 – SHORT 1000 C at 46.33avg, COVERED 700 at 46.13, out + .20, COVERED 200 at 46.03, out + .30, COVERED 100 at 46.02, out + .31       =            + $230

9:44 – SHORT 1900 AAPL 111.85avg, COVERED 1600 at 111.73, out + .12, COVERED 300 at 111.72, out + .13            =            + $231

9:53 – SHORT 200 AAPL at 111.75avg, STOPPED 200 at 111.77, out - .02     =            - $4

10:00 – SHORT 400 AAPL 111.72avg, COVERED 111.61, out + .11       =            + $44

10:22 – SHORT 400 AAPL 111.59avg, STOPPED 111.61, out - .02       =            - $8

Total Daily P/L:     + $493 Profits

C04152016

Summary

SPY was very light volume this morning as it slipped down to the stinky 2.50s area 207.60 before coiled back towards the daily doji at 208.01. We hit C SHORT off the open in the 46.30s for a reversion back through the 46.04 fib as JPM peaked off its daily upper bbs and 62.74 overlap fib in sympathy. We scalped AAPL SHORT for a reversion on the perfect storm breakdown attempt but it was completely diverging the SPY, which gave us limited downside towards that 111.55 fib. Closed out the morning with + $493 profits.