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 **

11/14 Japanese Yen FXY Trade Closes at Stop Loss

On Wednesday November 14th, the Japanese Yen trade was closed as it hit the stop loss point. 

In a note on the importance of a stop loss point, had it not been there, the trade would have ended worthless with today's trading. It is so important to have capital management skills when trading. We aren't happy with the loss. We are happy that are capital management keeps us able to find great trades. If you don't have good capital management, you will not be trading for very long ;).

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 **

11/11 Update on Japanese Yen Spread Trade

The current spread trade in Japanese Yen ETF FXY will continue into its final week. Stop loss points have been updated. The current trend is still a move down, increasing the intrinsic value of the put option. The call is worthless at this point. The expectation is a test at the $83.50 level with a possibility for a move to $83.00. Any move over $84.00 will likely trigger the stop loss point.

Research on the next trade has been going on....





** 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 **