25 Feb Trades for Thurs, Feb 25th, 2016: + $334 Profits
9:33 – SHORT 600 RLYP 15.12avg, STOPPED 400 at 15.38, out - .26, STOPPED 200 at 15.56, out – .44     =           - $192
9:53 – BUY 600 CRM 68.75, STOPPED 68.35, out - .40         =         - $240
10:18 – SHORT 2100 BUD 112.49avg, COVERED 1600 at 112.33, out + .16, COVERED 300 at 113.22, out + .27, COVERED 200 at 112.06, out + .43         =         + $423
10:03 – BUY 800 RLYP 16.35avg, SOLD 600 at 16.53, out + .18, STOPPED 200 at 16.13, out - .22  =         + $64
10:53 – SHORT 600 AAPL 96.39, COVERED 96.18, out + .21 =         + $126
12:00 – SHORT 3500 BUD 112.59avg, STOPPED 1500 at 112.88, out - .28, STOPPED 1000 at 112.65, out - .06, STOPPED 1000 at 112.62, out - .03   =         - $510
12:21 – BUY 1500 TGT 77.40avg, SOLD 900 at 77.87, out + .47, SOLD 400 at 77.82, out + .42, SOLD 200 at 77.76, out + .36          =         + $663
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $334 profits
Summary
SPY set-up a 60 min pup and daily mini pup but the market doesn’t make it easy as they leaned the SPY down to retest the daily 5 period ma twice before fortifying it to attempt another perfect storm breakout. We caught off the open on RLYP shorts and had to defensive sprawl out of it. We scaled into BUD shorts multiple times for the daily and 60 minute inverse pups for a nice lean down to 112. We scaled back into the shorts but got stretched up to 113s. We hedged it with TGT LONGS on the 60 minute butterfly to scalp thruoghs up to 77.80s from 77.40avg while scaling out of BUD shorts in the 112.60s. Closed out the morning with + $334 profits.
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