On Wednesday, KDK Options closed a spread trade on financial ETF XLF for a profit. The trade closed at $0.88 before fees and commissions. The trade was begun at $0.55 (post link here). That is a 60% return on the trade. Reasons for ending the trade are below. Now on to the next trade! Portions will go to charity, investors, and back into the account.
Many thanks to many people for helping us see, execute, and finish this trade in fine fashion!
- Price hit trailing profit stop price
- Trade was to expire next week
**
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 **
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