Monday, November 28, 2016

BABA Call Trade Started

KDK Options has started a Jan $110 call trade. The cost was $0.18 before fees and commissions. The goal of the trade is $0.75. Some of the reasons for the trade are below.

- Holiday Shopping Season

- There was an unnecessary sector rotation out of Net stocks after the election making this trade possible

- Positive GDP numbers out of China

** 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. **

No comments:

Post a Comment