XLF Spread Trade Stopped Out

The recent spread trade in Financial ETF XLF has been stopped out. KDK Options will review the trade for any lessons and prepare for the next trade. A spread trade in Japanese Yen FXY is currently on. A link to that trade can be found here. Some reasons for the trade close are below.

- Price reached stop loss level
- Time on trade was shrinking

 ** 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 Japanese Yen ETF FXY

A new spread trade in Japanese Yen ETF FXY has been opened. An April 6th $92 call and an April 6th $90 put were purchased for $0.45. The expectation is that the trade will be sold for at least $1.00. KDK Options has traded the FXY before with mixed results.
Some reasons for the trade are below.


- Market is volatile right now
- New Highs are being reached
- Plenty of economic data will be released between now and then

** 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 Financial ETF XLF

A new spread trade in the financial ETF XLF has been started. Two April 6 $30.00 call options and 1 March 29 $27.00 Put Option have been purchased for a cost of $0.45 before commissions and fees. The expectation for the trade is $1.35. Some reasons for the trade are below:

- Financial sector forming upper wedge
- Interest rates rising
- Economy movingin a positive manner


** 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 Spread Trade Stopped Out

The BAC 32 call/27 put spread trade was stopped out on Thursday. The post for the original post is here. Some reasons for the trade ending are below. We are thankful that stop losses are put in each trade as they protect the opportunity to continue trading. On to the next trade!

- Market downturn brought price down to stop loss
- Time remaining on trade was less than 3 weeks
- Probability of price moving to amount needed for gain reached a low.


 ** 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 **