New Trade in DDD

KDK Options has purchased the 3D Systems (DDD) April $75.00 call option. The option cost $0.54 not including commissions and fees. 3D Systems stock is currently priced at $62.50. The target price for the option is $3.50. Reasons for the purchase are below:

- The stock has a double bottom formed at $60.00, weekly 50 day support

- The company is due to release earnings on Apr 29 with thinking there will be a run up to earnings.

- The 3-month daily 50 day SMA is at $77.00, the 2-year weekly 20 day SMA is at $78.00.

 If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, twitter @kdkoptions, or find us on Stocktwits @kdkoptions. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

Week In Review (Close VIX Trade, more)

There was one trade made this week. Currently the account is in all cash and will be looking for April or May options trades to make.

The VIX March $18.00 Call was sold for $0.75. This trade went as expected. But the account decided to sell instead of wait due to the uncertainty of political issues in Ukraine and Russia. The post link for the trade is here.

 If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, or find us on Stocktwits @kdkoptions. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

Closed Out of VIX March $18.00 Call Trade

KDK Options have closed the VIX March $18.00 call trade by selling the call. The call was sold for $0.75 before commissions and expenses. The VIX was priced at $16.80 at the time of the sale. The reasons for the sale are below:

- The option was still out of the money meaning the entire value of option was all time value. Expiration on the option is next week.

- Events involving Russia and Ukraine motivated the idea of being flexible and taking profits.

- Important to guard profits.

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, or find us on Stocktwits @kdkoptions. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

Purchased VIX Mar $18.00 Call Option

KDK has purchased a VIX March $18.00 call option. The price for the option was $0.35 before commissions and fees. The goal of the option is $1.00. The reasons for the purchase are below:

- Continuing unrest in Ukraine with Russia

- Market hitting all time highs without corporate economic numbers to back it up.

- Previous movements have reached 20 with lower base price.

- Strong support at $14.00

Previous options trades include Morgan Stanley.

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, or find us on Stocktwits @kdkoptions. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

MS Mar $32.00 Call Trade Closed Out

The Morgan Stanley Mar $32.00 call trade has been closed out at a profit. The call was sold for $0.59 before commissions and fees. The call was sold for the following reasons:

- Morgan Stanley stock reached its target point of $32.05. That is, it reached a 68% retracement of its most recent decline (Jan 17th-Feb4th). 

- A stop order was placed to protect profit.

Things to consider for following trades include:

- incorrect judgement of option price at stock target price. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

Week End for Morgan Stanley March $32.00 Call Trade

The Morgan Stanley March $32.00 call option ended the week at $0.23. That is a rise of $0.06 from when the option was purchased on Thursday. The stock is currently at $30.80. KDK Options will continue to hold the trade into next week. The goal of the trade is still $1.00.

 ** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **