Trades for Tuesday, May 2, 2017: + $396 Profits

02 May Trades for Tuesday, May 2, 2017: + $396 Profits

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9:31 – SHORT 500 CONN 17.45 LIMIT, COVERED 17.25, out + .20   =          + $100

9:33 – BUY 1000 AMD 11.38avg, SOLD 1000 at 11.48, out + .10, SOLD 300 at 11.50, out + .12, STOPPED 200 at 11.34, out - .04       =          + $128

9:39 – BUY 400 LL 19.47 LIMIT, SOLD 400 at 20, out + .53   =          + $215

9:49 – BUY 6000 AMD 10.98avg, SOLD 2000 at 10.94, out - .04, SOLD 2000 at 10.86, out - .12     =          - $320

9:57 – BUY 3000 AMD 10.97avg, SOLD 1500 at 11.03, out + .05, SOLD 1000 at 11.08, out + .11, SOLD 300 at 11.09, out + .12, SOLD 200 at 11.23, out + .26           =          + $273

Total Daily P/L:          + $396 Profits

LL05022017-LIMITLONGLABELLED

Summary

SPY chopped around flat this morning. We sprinkled limit orders ahead of time on CONN SHORT at 17.45 and LL LONG off the key fib 19.47 when it was trading in the 20s. We got filled on both near the high tick on CONN and just one penny shy of the low of the day on LL LONG. We got amazing fills on the opening whipsaw, which gave us nice opportunities to scalp out. We got chopped early on AMD LONG but were able to get back into the LONG to scalp profits. Closed out the morning with + $396 Profit.