The $SQQQ Aug 16th call trade was sold for a profit. The trade sold for $2.40 before fees. The original post on the trade can be found here. Reasons for the trade can be found below. On to the next trade! Portions of proceeds have been assigned to taxes, charity, investors, and back into the account.
- Stop price was hit
- Other trade opportunities have a higher probability
- Aug 16th expiration date means increasing time value decline
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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
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