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 **
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