Busiest Day So Far Trading SQQQ and SPY Trades

Our call trade with Nasdaq ETF SQQQ has ended hitting the stop loss. The call was sold for $0.89.

On the flip side, we day traded an Oct 9 SPY $289 put for over a 60% return. We purchased the put for $0.66 and sold it for $1.14.

Reasons for both trades are below


- (SQQQ) With expiration next week, a tight stop loss was used.
- (SPY) There were clear technical and news level pressures on the ETF. We always intended to sell before the end of the day. 

** 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 Call Trade With Nasdaq ETF SQQQ

A new call trade has been made in Nasdaq short ETF SQQQ. An October 18th $35.00 call has been purchased for $0.97 before fees. The goal of the trade is to see $2.00. Stop pricing has been set up. Reasons for the trade are below.

- Economic Numbers out and not looking to good
- Lots of Fed speakers next week
- Earnings

 ** 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 **

QQQ Spread Trade Out For a Profit

The Nasdaq QQQ spread trade has been sold for a profit. The trade was sold for $1.18 before fees. Profits have been distributed to charity, taxes, investors, and back into the account. The original post on the trade can be found here. 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 **

New Spread Trade for Nasdaq ETF QQQ

A spread trade for Nasdaq ETF QQQ has been made. An Oct 3rd $165.50 call and $164.50 put were purchased for $0.96 before fees and commissions. Stop pricing has been made. The trade will end tomorrow. The reason for the trade is below.


- Job Numbers tomorrow
- High Volatility is likely
- Chairman Powell speaks


  ** 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 **

Call In $SQQQ Bought and Sold For Profit

Yesterday, an October 18th $38.00 call option was purchased for a cost of $0.67 before fees. The reason for the trade was an increase in volatility for the security.

Today, the call was sold at the stop price of $1.05 before fees. That created a profit of $0.38 or 57%. Reasons for the trade are below. Previous trades on $SQQQ have been made in the past. On to the next trade!

- Stop loss was fairly tight due to the volatility
- A profit that big that quick needs to be protected
- Provide more capital for earnings season


 ** 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 **

Stop Loss Out Of Jet Blue

The spread trade with Jet Blue was sold at the stop loss price. Stop loss pricing keeps the trader trading and conditioned to accept losses when they come.

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 **