Tuesday, December 9, 2014

New Call Option Trade in Wells Fargo

KDK Options has purchased February $57.50 call options. The price paid for the trade was $0.34. The current price of the stock is $54.35ish. The target price for the option is $1.50. Some of the reasons for the option purchase are below.

- continued bullish trend in stock
- economic activity is positive
- PE ration in the middle of the pack in relation to peers
- bollinger bands getting tighter and ready to spring
- Option is the second largest option volume wise


 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. 

For non option trades, take a look at what KDK Fund is currently doing (link here). 
** 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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