Monday, December 31, 2018

New Call Trade in Jet Blue JBLU

A new call trade for Jet Blue (symbol JBLU) has been started. A Feb $17.00 call was purchased for $0.50 before fees and commissions. Reasons for the trade are below. Stop loss pricing has been implemented. The goal for this trade is $1.50.

- Earnings season getting started
- Price of oil is low
- Traffic is high
- Jet Blue received an upgrade from JP Morgan that should be reflected as the first earnings after the upgrade will be this month 
- Likely uptick with the airline industry
-Vacation is over for large amount of traders

KDK Options has made previous trades with JBLU. The link to the trade can be found 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 **

Wednesday, December 26, 2018

XLF Trade Closes With A Profit

The spread trade in financial ETF XLF has closed with a profit. The trade closed at $0.62 before fees and commissions. The original trade post can be found here. Reasons for the trade are below. Now on to the next trade!


- Put was within two weeks of expiration
- Drawdown was already very significant
- Trade was still 100% time value


 ** 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 **

Friday, December 21, 2018

Jet Blue Trade Closes With A Profit

The Jet Blue spread trade has closed with a profit. The trade closed at $0.69 before fees and commissions. Some reasons for the trade are below.

- Holidays coming in removing trading days and hurting time value
- Government shutdown issue provides opportunity elsewhere
- More cash on hand for future trades


 Proceeds will go to charity, investors, and back into the trading account. KDK Options also has an open spread trade in Financial ETF XLF (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 **




Friday, December 14, 2018

New Spread Trade in Jet Blue (JBLU)

A new spread trade has been started in Jet Blue (JBLU). KDK Options purchased a Jan 18th $19.00 call option and a Jan 18th $16.00 put option for $0.38 before fees and commissions. The expectation is to see the trade reach $1.00 before expiration. Stop loss pricing has been implemented. Some reasons for the trade are below.

- Oil is lower than expected
- 2018 Airline metrics will be released
- Market volatility is high

Please Note - KDK Options also has a spread trade going on in Financial ETF XLF. The link to that trade can be found 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 **

Monday, December 10, 2018

New Spread Trade in XLF

A new spread trade has been made in financial ETF XLF. A Jan 18th $26.00 call option and a Jan 11th $22.00 put were purchased for $0.48 before fees and commissions. The expectation is that the trade will be $1.50. Stop loss prices have been enabled. Some reasons for the trade are below.

- There is clearly blood in the streets
- Any positive reaction should affect the financial industry aggressively
- Earnings runup before expiration
- Loads of economic data between now and expiration
- Possible $25.00 - $27.50 range
- Possible continuation of bear move to $20.00 after two step move stalled first bear move



** 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 **

Monday, December 3, 2018

XLF Call Trade Ended in Profit At Stop Price

Hello

The XLF Call trade ended at $0.55. This is a profit of $0.14 before fees and commissions. The original post can be found here. A new stop price was selected at the beginning of the day as it gapped up. XLF has come all the way back down to almost no gain triggering the sale.

While we wish and still expect the trade to continue to move forward, the move down is a clear recognition that the current time value of the option will not be around for long. There is also a spot of resistance at the $27.50 level that will likely take time to eclipse.

For now, we will have gratitude and say thank you for the small profit. 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 **

Saturday, December 1, 2018

12/1 XLF Current Call Trade Update

The current call trade with financial ETF XLF will continue into next week. The trade currently in a price position of $0.52. That is higher than the purchase cost of $0.41. A stop loss program is still in place. The expectation for the trade is $1.00. Some of the items for the trade are below.

- G20 meetings going on
- Possible W forming
- Fed Meeting coming up
- 20 and 50 day moving averages coming together




** 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 **

Wednesday, November 21, 2018

New Call trade in Financial ETF XLF

A new call trade was made with financial ETF XLF. The Dec 21st $27.00 call was purchased for $0.41 before fees and commissions. The expectations is for the trade to reach $1.00. A stop loss price has been set. Some reasons for the trade are below. A chart is also included.

- Interest Rate benefits for members (Berkshire, JP Morgan, Bank of America, Citigroup, etc.)
- Likely W formation being created
- October Housing Improved (Housing ETF XHB) Marketwatch story link here
- Many economic numbers to come out in the next few weeks






** 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 **