New trade in FXY

A new spread trade in FXY has happened. A Jan 19, 2018 $88.00 call and a Jan 19, 2018 $83.00 put was purchased for $0.53 before commissions and fees. The goal for the trade is $1.10. A stop loss price has been Some reasons for the trade are below.

 - Yen is at a middle of a range
- Volatility picks up in January
- Central Banks will be busy in the next couple of months


** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Trade in TLT

Last week, a new spread trade in TLT has been initiated. A Dec 8th $129 call option and a Dec 8th $121 put option was purchased. The cost of the trade was $0.60 before commissions and fees. The goal of the trade is $2.00. A stop loss price has been added. Some of the reasons for the trade are below. 

- Economic announcements continue through December

- Technically, TLT is expected to either head to 130 forming a W, or continue its short term downtrend and breakthrough 120 to the downside.




** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

TLT trade Closed at Stop Loss

Hello

The TLT spread trade was closed as it hit the stop loss price. On to the next trade! The post for the beginning of the trade is 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread Trade in TLT (Bond ETF)

This morning, KDK Options entered into a spread trade for the Bond ETF TLT. A Dec 1, 2017 $120.50 put and a $129.00 call option were purchased. The cost of the trade before commissions and fees was $0.67. The expectation of the trade is to end at $1.50. Some reasons for the trade are below.

- Budget/Tax Reform news affecting the deficit will be consistent.
- US Dollar moving
- Chart at an inflection point
     - Likelihood of $130+ or sub $120 is higher given news and currency movements around the world


** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Bank of America Trade Closed for a Profit

The Bank of America Nov 3rd spread trade was closed out for a profit (original post here). The trade ended at a price of $0.79 before commissions and fees. Some of the proceeds will go to charity. Some of the proceeds will also go back to investors. Reasons for the closure of the trade are below. We will be looking at set ups for our next trade.

- Expiration was 2 weeks away
- Time value will decrease quickly from here on out
- Trade caplitalized on earnings

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread Trade in Bank of America

Hello

Earlier today, KDK Options executed a spread trade in Bank of America. A straddle ( 1 put and 1 call) were purchased for the Nov 3rd $24.50 put and $26.50 call. The cost of the trade was $0.56 before fees and commissions. The expectation is for the trade to reach $1.50. A stop loss has been set. Some reasons for the trade are below:

- Broke out of range to the upside

- Support is at $23.00

- Earnings are later this month

- Rate increase discussion continues

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Call Purchase in USO

KDK Options purchased an October $10.50 call option last week. The cost of the option was $0.22. The goal of the trade is $1.00. The expectation is for USO to get to $11.50. There is no stop loss as the trade was such a low cost. Some reasons for the trade are below:

- Oil looks to be on an uptrend
- Option cost is low
- Escalation of military operations around the world
- Economies in China and US continue to grow
- Hurricanes Harvey and Irma



 ** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Bank of America Spread Trade Closed at Stop Loss

The stop loss price point for the spread trade on Bank of America has been reached and the trade has ended. The trade was closed at $0.42 before fees and commissions. KDK Options is very grateful for the stop loss process and will now research for other trades. Having stop losses keeps KDK Options in business when it gets a trade wrong. Some reasons for the trade are below:

- Escalation of words between the US and North Korea

- Time left on trade shrinking to a point where probability of necessary move in either direction is low.

A spread trade with Japanese Yen ETF FXY (link here) is still open. 

If you would like up to the moment notice of trades or research that KDK Options is doing, please fill out this form (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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread Trade in FXY (Japanese Yen)

For a fourth time this year, Japanese Yen ETF FXY has presented a spread trade opportunity. KDK Options purchased a Sept 1 $88.50 call option and a Sept 15 $85.00 put. The cost of the trade was $0.56 before fees and commissions. The goal of the trade is $1.50. Some reasons for the trade are below:

- Hitting the 200 and 50 day moving averages at the same time.
- Third possible top in range
- Bottom of range is $84.00
- Unresolved gap up to $90 still exists. 

 ** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread trade in Bank of America

A new spread trade in Bank of America has been started. An Aug 17 $23.50 put and Aug 25 $24.50 call were purchased. The trade cost $0.81 before commissions and fees. The goal of the trade is $1.50 before commissions and fees. This is the second Bank of America trade this year for KDK Options. Some of the reasons for the trade are below:

- 50% retracement from recent move up with rebound
- multiple points of resistance and support that can be broken


 ** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

FXY Spread trade closed for Profit

For the third time this year, KDK Options has executed a profitable trade with FXY. The trade closed at a price of $1.23 before fees and commissions. The trade started at $0.65 before fees and commissions (see post here). Some reasons for the trade are below:

- Stop price hit

- ECB and Japanese currency decision making coming up

Part of the profits will go directly to KeaneVCC's charity.

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Ford Spread Trade Closed Profit

The Ford spread trade was closed yesterday for a profit. The call was sold for $0.82 before fees and commissions. The cost of the trade was $0.58 before fees and commissions (the purchase post is here).

Some of the profit will go directly to KeaneVCC's charity.

Reasons for closing the trade are below:

- A stop price was hit.
- Potential active news coming up with earnings for GM on the 25th. With a profit already secured, the stop loss was moved up to ensure profit.
- short term resistance was met 

For disclosure purposes, KDK Fund, a partner of KDK Options, owns shares of Ford. 

 ** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread trade in FXY Yen

Hello

On Tuesday, KDK Options entered into a spread trade on the Yen ETF FXY. A purchase of an August 4 $85.00 call option and a July 28th $83.00 put option. The cost of the trade is $0.65 before fees and commissions. KDK Options has been successful before with FXY (June 10 trade here), (March 22 trade here).

The expectation is for the trade to reach $2.00. Some reasons for the trade are below

- Monetary policy is in the news with volatility rising

- The chart is saying the $84.00 price of FXY at the time of the trade was at a support level.

- This support level has been reached for a third time in recent months. FXY regularly has risen to $87.00 after hitting this point.

- If support is broken $ 81.00 is likely.


** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread trade in Ford

KDK Options has opened up a spread trade in Ford. A July 28th $11.00 call option and a July 21st $11.00 put option has been purchased. The cost of the trade was $0.55 before fees and commissions. The expectation is that the price will reach $1.25. A stop loss point has been entered. Some of the reasons for the trade are below.

Technical Side 

- Triple bottom at $11.00.
- Near term reverse head and shoulders filling out to upside.
The probably that the stock will move to either $12.00 or $10.00 is likely given these technical indications mentioned above. 

Fundamental Side

- Monthly auto sales released next week

- Quarterly earnings due near the end of the month

- First Quarterly earnings for new CEO

Disclosure - Our partner KDK Fund owns shares of Ford. 


** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

BAC Trade Ended in Profit

The straddle trade in Bank of America was closed out today for a profit. The trade price was $1.55 before commissions and fees. The purchase price was $0.88 before commissions and fees. A link to the purchase post is here. Some reasons for the close are below:

- news of stress test and buyback was announced yesterday
- near term resistance at 24.78 (options expire July 14th)
- stop loss of 1.55 hit

KDK Options is very excited and motivated to know that a portion of the profits will go towards KeaneVCC's charitable ventures.  KDK Fund will also receive a portion of the profits to continue its wealth build.


** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Week of June 5-9 (FXY, XLF, BAC)

This week was a pretty busy week for KDK Options. The following trades were made.

Closed spread position on FXY. See link here.

Closed spread position on XLF. See link here.

Opened spread position on BAC. See 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Straddle Trade in BAC

KDK Options is excited to report a new Straddle trade (July $23.00 call option and July $22.00 put option) in Bank of America. The cost of the trade was $0.88 before commissions and fees. The expectation of the trade is $2.00. Some reasons for the trade are below.

- Stock at support near $22.00.

- Symmetrically ready to move on a time basis. Previous move happened after ten trading days of little activity

- Financial legislation expected

- Earnings during July

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

XLF Spread Trade Closed at Stop Loss

The recent XLF spread trade was stopped out. KDK Options will review the trade as always to see what improvements can be made in order to make better trading decisions. We are glad that stop losses are in place and are ready to make the next trade that shows 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

FXY Spread Closed Out For Profit

KDK Options is excited to announce that it has closed out a profitable spread trade on FXY. The cost of the trade was $0.45 per contract before commissions and fees. The trade was closed for $1.01 per contract before commissions and fees. That is a gain of 120% in just a couple of weeks!

Part of the proceeds will go to charity.

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Spread Trade with Microsoft

KDK Options has made a new straddle spread trade with Microsoft. The April $66.50 call and April $64.00 put were purchased for $0.90 before commissions and fees. The goal is to reach $2.00. A stop loss price has been set. Reasons for the trade are below:

- Microsoft on an upward trend with resistance at $66.00. It has hit $66.00 a few times and been knocked down with higher lows each time

- Healthcare bill vote is today which will have implications going forward for the market in terms of the ability to get legislation done

- Earnings are April 20th with other tech company earnings before hand expected to set the tone and move the industry

FXY Spread Trade Ends in Profit

The recent FXY April spread trade ended in a profit today. The trade ended, hitting the stop price at $1.26. The trade started at $0.75 (link here).

Profits will be distributed to charity, tax account, and investors.

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

FXY spread purchased 3/14

On March 14th, KDK Options purchased an FXY (Japanese Yen) April $86 call/$82 put spread. The cost of the trade before commissions and fees was $0.75.

The goal of the trade is $2.00 and reasons for the trade are below:

- Fed meeting

- Triple bottom or rollover looking likely

- G-20 meeting

- Stuck in $2.00 range

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Stop Losses Can Hurt, but....

by Michael Keane

Well, that sucks!

On a recent trade, the price of the option came down to the stop loss point and the sale was made. The next day, the stock and option price literally zoomed the way we wanted the trade to go. Feeling sick is an understatement. The struggle with finding the correct stop loss point continues! It feels more like art than science. We will have to look at our stop loss policies and see if there can be some adjustments made.

With that said,this post is mainly just an avenue to vent. Having a stop loss is absolutely paramount. Getting caught on the downside of your trade without a stop, you are out of the game and that is a place no trader wants to be.

Time to move on to the next trade….

 ** 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. If you would like up to date trade information **

USO Spread Trade Profit

by Michael Keane

The USO spread trade ($12.00 April call and $11.00 April put) has ended with a profit. The trade was closed at $0.86 before commissions and fees. That is a profit of $0.46 or 115% before commissions and fees. KDK Options entered the trade (link here) at $0.39. 

Portions of the profits will be going to charity, investors, taxes, and back into the account.

On to the next trade....

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New USO Spread Trade Made

A spread trade in USO has been made. An April $12.00 call has been purchased as well as an April $11.00 put. The cost of the trade was $0.39 before commissions and fees. The goal of the trade is $1.00. Reasons for the trade are below:

- A tightening range in the chart

- Active marketplace with production amounts within OPEC and non-OPEC countries

- Possible devaluation of dollar with inflation and rising rates

- Mini triple bottom possibly formed or rollover (main reason for spread)

** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

XHB trade Stopped out

KDK Options XHB spread trade was stopped out yesterday.

We will now look to our next trade.

** 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. If you would like up to the moment news for KDK Options, email kdkoptions@gmail.com**

Spread Trade on UUP

This week, KDK Options has placed a spread trade on UUP (US Dollar). An April $26.00 call option and an April $25.00 put option has been purchased. The cost before commissions and fees was $0.40. The goal of the trade is $1.00.

Reasons for the trade are below:

- Increasing rates

- Technical move up (Elliott Wave) beginning of Wave 3 (for call) or Head and Shoulders (for put). 

 ** 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Spread Trade on XHB

KDK Options has made a spread trade on XHB. A March $36 call has been purchased as well as a $32 put. The cost of the trade was $0.60 before commissions and fees. The goal of the trade is $2.00. Reasons for the trade are below.

- Technical wedge coming to a point.

- Support is at 30 and Resistance is at 38.

- Increased expectations of market volatility


** 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. **