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. **
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