Trades for Tues and Weds, July 12th-July 13th, 2016: – $3,376 Losses and + $1,586 Profits

14 Jul Trades for Tues and Weds, July 12th-July 13th, 2016: – $3,376 Losses and + $1,586 Profits

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Trades for 7/13/2016

LONG 7000 LGF 19.56avg, SOLD 4000 LGF 19.83, out + .27, SOLD 1000 LGF at 19.92, out + .35, SOLD 1000 at 20.01, out + .45, SOLD 500 at 19.82, out + .26, SOLD 500 at 19.72, out + .16          =          + $2,090

 

9:33 – SHORT 2000 JPM 63.36avg, COVERED 1700 at 64.06, out + .30, COVERED 300 at 62.97avg, out + .39            =          + $627

10:13 – SHORT 4500 STX 29.34avg (averaged into 2k overnight short from 28.54avg), STOPPED 2200 at 29.93, out - .59, STOPPED 1000 at 29.76, out - .42, STOPPED 1000 at 29.90, out - .56        =          - $2,298

10:29 – SHORT 4000 VRX 24.34avg, COVERED 3000 at 24.22, out + .12, COVERED 500 at 24.21, out + .13, COVERED 500 at 24.12, out + .22       =          + $535

11:29 – SHORT 2300 JPM 62.75avg, COVERED 2000 at 62.63, out + .12, COVERED 200 at 62.77, out - .02            =          + $236

12:57 – BUY 2500 VRX at 22.60avg, SOLD 1500 at 22.77, out + .17, SOLD 500 at 22.83, out + .23, STOPPED 500 at 22.48avg, out - .12       =          + $301

1:03 – SHORT 500 JPM 62.83avg, STOPPED 62.87, out - .05 =          - $25

1:05 – BUY 2000 UVXY 6.96avg, SOLD 7.03, out + .06           =          + $120

Total Daily P/L:          + $1,586 Profits

LGF07132016labelled

Trades for 7/12/2016

SHORT 8600 STX 28.54avg, STOPPED 6600 at 28.60, out - .96, overnight 2000 SHORT       =          - $6,336

LONG 23000 UVXY 7.10avg, SOLD 20,000 at 7.23avg, out + .13avg, SOLD 3000 at 7.22avg, out + .12       =            + $2,960

 

Overnight- LONG 7000 LGF 19.56avg

Overnight- SHORT 2000 STX 28.54avg

Overnight- LONG 1500 UVXY 7.06avg

Total Daily P/L:          - $3,376 Profits

Summary

We got squeezed on STX on 7/12/2016 taking a stop on most of the shares and took overnight along with LGF long overnight as it finally cracked and held above the 19.34 fib resistance. We hit UVXY for a heavy size scalp and took some overnight. We scalped out LGF nicely and stopped out on STX. UVXY was scaled both ways and ended up with a small loss. Closed out with - $3,376 Loss on Tuesday and + $1,586 Profit on Wednesday.