Monthly Archives: December 2016

12-30-16 – Intraday Update

12-30-16 – Intraday Update

Sold JDST (Inverse Junior Gold Miners) @ $34.00 for a 11.48% or $1,015 Profit. Didn’t want to push for my $35.00 limit order as this was a strong enough move and good profits for such a short period of time. 

JNUG (Junior Gold Miners) responded to the Keltner Top immediately this morning. Still plenty of time in the trading day to go lower, but I took a peek at my trade and couldn’t resist taking the money off the table.

JNUG 12-30-16

Final chart and order for JDST (Inverse Junior Gold Miners)

JDST 12-30-16

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12-30-16 – Trading Strategy

 

12-30-16 – Trading Strategy

Current Positions



12/1/16 – TMV (Inverse 20+ Year Treasury Bonds) @ $24.78 ($18,585 Position Size)
12/7/16 – 10 VXX (VIX) Jan 20 $21 CALLs @ $4.75 ($5,450 Position Size)

12/15/16 – SOXL (US Semi Conductors) @ $61.38 ($5,647 Position Size)
12/21/16 – RUSL (Russia) @ $98.19 ($6,186 Position Size)
12/21/16 5 VXX (VIX) Jan 20 $20 CALLs @ $4.05 ($2,025 Postion Size)
12/29/16 – JDST (Inverse Junior Gold Miners) @ $30.50 ($8,845 Position Size)

Positions I’m opening


Buy BZQ (Inverse Brazil) Limit @ $17.50 ($15,000 Position Size)
Sell BZQ (Inverse Brazil) Limit @ $18.50 5.71% or ($814 Profit)
Sell BZQ (Inverse Brazil) Stop Limit @ $16.00 8.57% or ($1,285 Loss)

Positions I’m selling


Sell 10 VXX (VIX) Jan 20 $21 CALLs @ $8.00 46.9% or ($2,550 Profit)

Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $27.20 9.77% or ($915 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $22.00 11.22% or ($2,085 Loss)

Sell SOXL (US Semi Conductors) Limit @ $67.00 9.16% or ($917 Profit)
Sell SOXL (US Semi Conductors) Stop Limit @ $45.00 26.60% or ($1,507 Loss)

Sell RUSL (Russia) Limit @ $110 12.06% or ($619 Profit)
Sell RUSL (Russia) Stop Limit @ $74.00 24.61% or ($1,263 Loss)

Sell JDST (Inverse Junior Gold Miners) Limit @ $35.00 14.75% or ($1,305 Profit)
Sell JDST (Inverse Junior Gold Miners) Stop Limit @ $24.00 21.31% or ($1,885 Loss)

Today’s Update


Market Snapshot 12-29-16

Some interesting moves in the market today. BRZU (Brazil) had a strong finish to the day concluding 7-up days in a row. JNUG (Junior Gold Miners) completely blew away the rest of the markets with a whopping 27.48% today also closing above a Keltner Top which makes it an immediate reversal trade for me in JDST (Inverse Junior Gold Miners)

My orders in DGAZ (Inverse Natural Gas) didn’t fill because natural gas fell as was expected. Also, TSLA didn’t fill because it fell as well instead of seeing a stronger follow through day.

Positions I’m opening


Buy BZQ (Inverse Brazil) Limit @ $17.50 ($15,000 Position Size)
Sell BZQ (Inverse Brazil) Limit @ $18.50 5.71% or ($814 Profit)
Sell BZQ (Inverse Brazil) Stop Limit @ $16.00 8.57% or ($1,285 Loss)

BRZU (Brazil) hit a Keltner top after 7 up days in a row. This is a nice quick reversal trade.

BRZU 12-29-16

Looking for another $.41 price drop in order to get filled with an expectation we’ll reverse to at least today’s open for hopefully a quick and drama free profit if filled.

BZQ 12-29-16

Positions I’m selling


Sell 10 VXX (VIX) Jan 20 $21 CALLs @ $8.00 46.9% or ($2,550 Profit)

Finally climbing a bit out of the hole in this trade. Having entered rather early, a couple more days like today and I’ll be break even.

VXX 12-29-16-2

Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

Continued movement higher in volatility is what I want to see. Will most likely hold onto this through the new year.

VXX 12-29-16

Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $27.20 9.77% or ($915 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $22.00 11.22% or ($2,085 Loss)

Bonds continue to rise causing TMV (Inverse 20+ year Treasury Bonds) to decline further. The movements are rather shallow and over all, this is still a sideways consolidation, so no changes in strategy going forward.

TMV 12-29-16

 

Sell SOXL (US Semi Conductors) Limit @ $67.00 9.16% or ($917 Profit)
Sell SOXL (US Semi Conductors) Stop Limit @ $45.00 26.60% or ($1,507 Loss)

SOXL did fairly well despite yesterday’s major drop. A nice bounce off the 20-day EMA in purple today. Now to see if we get an official bounce or if this continues lower tomorrow.

SOXL 12-29-16

Sell RUSL (Russia) Limit @ $110 12.06% or ($619 Profit)
Sell RUSL (Russia) Stop Limit @ $74.00 24.61% or ($1,263 Loss)

Russia continued higher despite the announcement of US sanctions. Upon further reading, the sanctions aren’t a big economical hit and a 2% rise today is a more than welcome move. Still, price movement has dramatically slowed as we near the end of the year. I may sell earlier just to close up all my profitable positions in December.

RUSL 12-29-16

Sell JDST (Inverse Junior Gold Miners) Limit @ $35.00 14.75% or ($1,305 Profit)
Sell JDST (Inverse Junior Gold Miners) Stop Limit @ $24.00 21.31% or ($1,885 Loss)

JNUG (Junior Gold Miners) blew up 27% today, closing above a Keltner Top and hitting a 5th up day in a row. This is a classic exhaustion move so I literally jumped in at the final seconds of the market and got a fill in JDST (Inverse Junior Gold Miners) just as the market closed.

JNUG 12-29-16

Chart and orders for JDST (Inverse Junior Gold Miners) for tomorrow. I will most likely sell tomorrow with any amount of profit by market close.

JDST 12-29-16

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12-29-16 – Trading Strategy

12-29-16 – Trading Strategy

Current Positions



12/1/16 – TMV (Inverse 20+ Year Treasury Bonds) @ $24.78 ($18,585 Position Size)
12/7/16 – 10 VXX (VIX) Jan 20 $21 CALLs @ $4.75 ($5,450 Position Size)

12/15/16 – SOXL (US Semi Conductors) @ $61.38 ($5,647 Position Size)
12/21/16 – RUSL (Russia) @ $98.19 ($6,186 Position Size)
12/21/16 5 VXX (VIX) Jan 20 $20 CALLs @ $4.05 ($2,025 Postion Size)

Positions I’m opening


Buy DGAZ (Inverse Natural Gas) Limit @ $2.30 ($6,272 Position Size)
Sell DGAZ (Inverse Natural Gas) Limit @ $3.00 19.57% or ($1,227 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $1.75 23.91% or ($1,500 Loss)

Sell to Open 10 TSLA (Tesla) Jan 6 $235/$255 Vertical Call Spread @ $1.00 ($1,000 Credit)

Positions I’m selling


Sell 10 VXX (VIX) Jan 20 $21 CALLs @ $8.00 46.9% or ($2,550 Profit)

Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $27.20 9.77% or ($915 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $22.00 11.22% or ($2,085 Loss)

Sell SOXL (US Semi Conductors) Limit @ $67.00 9.16% or ($917 Profit)
Sell SOXL (US Semi Conductors) Stop Limit @ $45.00 26.60% or ($1,507 Loss)

Sell RUSL (Russia) Limit @ $110 12.06% or ($619 Profit)
Sell RUSL (Russia) Stop Limit @ $74.00 24.61% or ($1,263 Loss)

Today’s Update


Markets saw a rather decent pullback as they attempted to reach new record highs again. More diversification across the markets and finally an increase in volatility. However, one day doesn’t signal a trend reversal, so I’ll wait another day or so to assess if a change in strategy is warranted.

Sold UGAZ (Natural Gas) Limit @ $50.00 25.28% or ($1,473 Profit)

Bumped up my limit order from $49.00 to $50 and it hit today allowing for a nice little profit. As a result, UGAZ also hit a Keltner Top which I will also make a play for tomorrow.

UGAZ 12-28-16

Performance Update


performance 12-28-16

Performance is picking up with the sale of my UGAZ (Natural Gas) Position and the VIX moving higher today. A couple more days of VIX moves and I may close out every position and close out December with a solid win. It’s good for the mental psychology as well.

Positions I’m opening


Buy DGAZ (Inverse Natural Gas) Limit @ $2.30 ($6,272 Position Size)
Sell DGAZ (Inverse Natural Gas) Limit @ $3.00 19.57% or ($1,227 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $1.75 23.91% or ($1,500 Loss)

 

DGAZ 12-28-16

Sell to Open 10 TSLA (Tesla) Jan 6 $235/$255 Vertical Call Spread @ $1.00 ($1,000 Credit)

Tesla is hitting it’s second day of a Keltner TOP and is up 4 days in a row now. The current spread is selling for .75 per contract, so I’m asking for another move higher tomorrow for this to fill.

TSLA 12-28-16

Positions I’m selling


Sell 10 VXX (VIX) Jan 20 $21 CALLs @ $8.00 46.9% or ($2,550 Profit)

First decent spike in the VIX. I will sell out of this one tomorrow if there is another move like today. I’m profitable for December and keeping fewer open trades will help me close out December profitable.

VXX 12-28-16-2

Sell 5 VXX (VIX) Jan 20 $20 CALLs @ $8.00 97.53% or ($2,025 Profit)

 

VXX 12-28-16

Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $27.20 9.77% or ($915 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $22.00 11.22% or ($2,085 Loss)

Bons still remain relatively flat. Holding onto the same orders.

TMV 12-28-16

Sell SOXL (US Semi Conductors) Limit @ $67.00 9.16% or ($917 Profit)
Sell SOXL (US Semi Conductors) Stop Limit @ $45.00 26.60% or ($1,507 Loss)

Toshiba’s bad news write-off didn’t help the US Semi Conductors sector today. Today was a rather dramatic move. If tomorrow is the same, I will sell out of this position early as the breakout is unlikely to continue with this big of a reversal move.

SOXL 12-28-16

Sell RUSL (Russia) Limit @ $110 12.06% or ($619 Profit)
Sell RUSL (Russia) Stop Limit @ $74.00 24.61% or ($1,263 Loss)

Russia is back to being slightly profitable. Keeping the same orders to see if my profit target will be hit.
RUSL 12-28-16

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