Wednesday, April 20, 2016

New Call Position in Citigroup

KDK Options has purchased a Jun Citigroup $50.00 call option. The cost of the option was $0.58 before commissions and fees. The stock closed the day at $46.74. The goal of the trade is $2.00. Some of the reasons for the trade are below:

- Bank breakout
- Room for Citigroup to move up


** 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. **
Be sure to also check out our stock page, KDK Fund.

Friday, April 8, 2016

Week (4/8) In Review (VXX, more)

KDK Options purchased a VXX May 13th call option (link here). There were no sales during the week.

The trade will continue into next week. Here are some metrics


SecurityOptionOption Purchase PriceCurrent Option PriceCurrent Security PriceOption End DateOption Sell Price
VXXMay 13 $21 call$0.84$0.88$18.465/13/2016Current Holding




** 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. **
Be sure to also check out our stock page, KDK Fund.

Tuesday, April 5, 2016

New purchase in VXX

KDK Options has purchased the May VXX $21.00 call option. The price paid for the option was $0.82 before fees and commissions. The goal for the option is $5.00. Stop loss price has been established. Some reasons for the trade are below:

- The VXX is at the bottom of a range and moved up the last two days

- Global markets are not stable

- Volatility is high

- Earnings season is upon us


  ** 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. **
Be sure to also check out our stock page, KDK Fund.