Trades for Wednesday, September 2nd, 2015

02 Sep Trades for Wednesday, September 2nd, 2015

9:34  - SHORT 500 NAV 16.05, COVERED 15.75, out + .30    =          + $150

9:50 – SHORT 200 AMBA 78.50, COVERED 77.52, out + .98 =          + $196

10:17 – SHORT 3000 HRB 35.10avg, STOPPED 2200 at 35.15, out - .05, STOPPED 800 at 35.26, out - .16  =            - $238

10:48 – SHORT 1700 NFLX 102.94avg, SOLD 1000 at 102.90, out - .04, SOLD 200 at 102.68, out - .26, STOPPED 500 at 102.12, out - .82      =          - $502

11:05 – BUY 900 NFLX 102.95avg, SOLD 700 at 103.27, out + .32, SOLD 200 at 102.99, out + .04  =          + $232

1:28  – SHORT 8500 HRB 35.24avg, COVERED 6500 at 35.21, out + .03, COVERED 1000 at 35.28, out - .04, COVERED 500 at 35.37, out - .13, COVERED 500 at 35.36, out + - .12          + $30

Total Daily P/L:             - $132

Total Weekly P/L:        + $1,597

Total Monthly P/L:      + $1,597

Total Yearly Profit:      + $87,945

AMBA09022015

Summary:

SPY was choppy between the 193.56 fib and 194.09 fib most of the day and squeezed in the last 30 minutes.  We hit some nice scalps on NAV and AMBA short’s off the open.  NFLX was incredibly weak as we scaled into longs to back out reversions off fibs.  We spent most of the day scaling into HRB SHORT at 35.24avg to scale out 35.21 on most and stop out the 35.28, 35.37 and 35.36 on the rest as the buyers were pretty firm going into last hour.  We took a - $132 loss today.