Friday, March 8, 2019

SQQQ Call Purchase Made

Yesterday, a March 15th $12.00 call was purchased for $0.88 before fees and commissions. Expectations for the trade are for it to reach $1.50. Stop loss pricing has been created. Some reasons for the trade are below:

- Shaky market with a technical blip up on SQQQ. 
- Solid Resistance for QQQ at 175ish
- Negative global business news




** 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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