One-day gains of over 50% on yesterday’s stock market action

The set of 12 trades below is from 8/24. These were all profitable trades with profits totaling $2,027 (which, after commissions, would actually be closer to $1900). The largest amount of investment at any one time was just under $3,450 (which is highlighted in brown below).

Combined, that is a gain of well over 50% relative to the maximum capital invested at once that day (which was a relatively small portion of the total capital available in that brokerage account). In other words, I made that $3,450 in to almost $5,500 in a few hours.

The market that I traded most was QQQ (The Nasdaq 100 stock index), although the first two trades below were XLF (an index of financial stocks in the US). As for the timing of those trades, these were all trades designed to profit from declines in the overall value of the US stock market. I placed this series of trades after the morning rebound in the US stock market. Specifically, I was “scalping profits” off of the series of declines in the pink trendchannel shown below (including in anticipation of that channel prior to it forming).

chart of QQQ on 8-24

In the table below, I added italics to some lines to make it clear when I had more than one position open at once. Again, the brown highlighting shows when I had the largest amount of money invested at once (just under $3,450).

up arrowDate Activity Quantity Description Price Amount Type
08/24/2015 Bought 24 PUT SECTOR SPDR TRUST
$23 EXP 09/18/15
FINANCIAL
$0.60 -$1,447.62 Margin
08/24/2015 Sold -24 PUT SECTOR SPDR TRUST
$23 EXP 09/18/15
FINANCIAL
$0.65   profit of $5 x 24 = 120  [120] $1,552.35 Margin
08/24/2015 Bought 30 PUT SECTOR SPDR TRUST
$23.50 EXP 09/18/15
FINANCIAL
$0.78 -$2,348.78 Margin
08/24/2015 Sold -30 PUT SECTOR SPDR TRUST
$23.50 EXP 09/18/15
FINANCIAL
$0.83 profit of $5 x 30 = 150  [270] $2,481.17 Margin
08/24/2015 Bought 5 PUT POWERSHARES QQQ TR
$92 EXP 09/18/15
$2.38 -$1,193.96 Margin
08/24/2015 Bought 7 PUT POWERSHARES QQQ TR
$92 EXP 09/18/15
$2.64 -$1,852.35 Margin
08/24/2015 Sold -7 PUT POWERSHARES QQQ TR
$92 EXP 09/18/15
$2.72   profit of $8 x 7 = 56 [326] $1,899.61 Margin
08/24/2015 Sold -5 PUT POWERSHARES QQQ TR
$92 EXP 09/18/15
$2.68 profit of $30 x 5 = 150 [476] $1,336.01 Margin
08/24/2015 Bought 5 PUT POWERSHARES QQQ TR
$97 EXP 09/18/15
$2.79 -$1,398.96 Margin
08/24/2015 Bought 6 PUT POWERSHARES QQQ TR
$97 EXP 09/18/15
$3.41 -$2,050.16 Margin
08/24/2015 Sold -6 PUT POWERSHARES QQQ TR
$97 EXP 09/18/15
$3.82  profit of $41 x 6 = 246 [722] $2,287.79 Margin
08/24/2015 Sold -5 PUT POWERSHARES QQQ TR
$97 EXP 09/18/15
$3.96 profit of $117 x 5 = 585 [1307] $1,976.00 Margin
08/24/2015 Bought 2 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$1.25 -$253.39 Margin
08/24/2015 Bought 16 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$0.76 -$1,222.08 Margin
08/24/2015 Bought 20 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$0.48 -$966.85 Margin
08/24/2015 Sold -20 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$0.58 profit of $10 x 20 = 200 [1507] $1,153.12 Margin
08/24/2015 Sold 16 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$0.82 profit of $6 x 16 = 96 [1603] $1,305.89 Margin
08/24/2015 Sold -2 PUT POWERSHARES QQQ TR
$95 EXP 08/28/15
$1.37  profit of $12 x 2 = 24 [1627] $270.60 Margin
08/24/2015 Bought 9 PUT POWERSHARES QQQ TR
$97 EXP 08/28/15
$1.50 -$1,354.73 Margin
08/24/2015 Bought 11 PUT POWERSHARES QQQ TR
$97 EXP 08/28/15
$1.17 -$1,292.12 Margin
08/24/2015 Sold -11 PUT POWERSHARES QQQ TR
$97 EXP 08/28/15
$1.37 profit of $20 x 11=220 [1847] $1,501.85 Margin
08/24/2015 Sold -9 PUT POWERSHARES QQQ TR
$97 EXP 08/28/15
$1.54 profit of $4 x 9 = 36 [1883] $1,381.24 Margin
08/24/2015 Bought 9 PUT POWERSHARES QQQ TR
$99 EXP 08/28/15
$1.84 -$1,660.73 Margin
08/24/2015 Sold -9 PUT POWERSHARES QQQ TR
$99 EXP 08/28/15
$2.00 profit of $16 x 9 = 144 [2027] $1,795.23 Margin
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