Last Week's Jan 6-10 Results (USO, SPY, VXX)

The account had the following results for trades last week. Please note the following:

- The number of contracts are not mentioned.
- The percentage at the end is an average of the trades for the week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Jan 3	USO	Jan 17 $14.00 Call	0.06	Jan 6th	$0.09	$0.03	50.00%
Jan 6	VXX	Jan 17 $16.50 call	0.3	Jan 6th	$0.19	-$0.11	-36.67%
Jan 6	SPY	Jan 10 $327.00 Call	0.21	Jan 8th	$0.32	$0.11	52.38%
Jan 9	SPY	Jan 10 $327.50 Call	0.21	Jan 10th	$0.30	$0.09	42.86%
Total						$0.12	27.14%

 Notes on the trades
1) The USO trade was a play on the heightened tensions with Iran

2) The VXX trade was a play on the heightened tensions with Iran

3) The Jan 6th SPY trade was a play on a technical bullish cross.

4) The Jan 9th SPY trade was a play on the jobs report.

5) All 4 trades were sold because of stop pricing being put in.

** 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 research done on a stock you own or are thinking about buying, email at kdkoptions@gmail.com **