Spread Trade in TLT Closed at Stop Loss

The spread trade in TLT was closed at the stop loss price. The trade closed at $0.45 before fees and commissions. The original post for the trade is here. Reason(s) for the trade are below. On to the next trade!

- Expiration was yesterday
- Trade was mostly range bound between the price points


** 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 TLT

Yesterday, a new spread trade in bond ETF TLT was made. On Tuesday, a June 7th $131.50 call and $130.50 put spread was purchased for $0.87 before fees and commissions. The goal is to see the trade reach $2.00. some reasons for the trade are below. Stop loss pricing has been instituted. 

- Stock rebound
- Fed speakers all week
- Big data (oil, jobs, auctions) out all 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 **

XLF Trade Closed For A Profit

The XLF trade has closed for a profit. The trade sold for $1.01 before fees and commissions. The link to the original post on the trade can be found here. Reason(s) for the trade closing can be found below.

- Time left on the trade was approaching one week left
- Profit locked in during a volatile environment
- Other profitable trades presenting themselves

Money for charity through Keane Venture Capital and Consulting, taxes and investors will be distributed accordingly. 

On to the next trade!