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. **
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