Trades for Weds, Oct 14th, 2015: + $574 Profits

14 Oct Trades for Weds, Oct 14th, 2015: + $574 Profits

9:32 – SHORT 500 JPM 60.45, COVERED 60.20, out + .25     =          + $125

9:44 - BUY 300 NFLX 111.50, STOPPED 111.18, out - .32       =          - $96

9:49 – SHORT 1000 MU 18.92, COVERED 18.82, out + .10    =          + $100

9:58 – BUY 400 UVXY 36.11, SOLD 300 at 36.30, out + .19, SOLD 100 at 36.41, out + .30   =          + $87

10:09 – SHORT 3500 LVS 47.99avg, COVERED 3000 at 47.87, out + .12, COVERED 300 at 47.83, out + .06, COVERED 200 at 48.09, out - .10       =          + $358

Total Daily P/L:      + $574

Total Weekly P/L:      + $3,944

Total Monthly P/L:    + $13,491

Total Yearly Profit:    + $134,605

LVS10142015

Summary:

SPY grinded up this morning to the daily 5 period ma resistance area 199.75 before peaking out and selling off to trigger a possible daily mini inverse pup.  We hit a series of smaller scalps on JPM, MU off fib rejections and nailed NFLX SHORT at 47.99avg from adding top heavy at 48s to bring up avg price right to the 47.99 fib perfectly for the reversion leans to 47.80s to trim out most.  Closed out the morning with + $574 profits in just under an hour, no stress and low risk.