Feb 3-7 Results (VIXY, SPY)

Here are the results and some notes from last week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
1/31/2020	VIXY	Feb 7 $14 Call	$0.40	2/3/2020	$0.05	-$0.35	-87.50%
2/3/3030	SPY	Feb 5 $332 Call	$0.16	2/5/2020	$0.67	$0.51	318.75%
2/6/2020	SPY	Feb 7 $335 Call	$0.37	2/7/2020	$0.03	-$0.34	-91.89%
2/6/2020	SPY	Feb 7 $328 Put	$0.17	2/7/2020	$0.08	-$0.09	-52.94%
2/7/2020	SPY	Feb 7 $334 Call	$0.24	2/7/2020	$0.03	-$0.21	-87.50%
						-$0.48	-0.22%

- The first trade was a second weekend play on the Coronavirus problem. The surprise effect was gone.
- The second trade was simply a shift in momentum in SPY. It worked
-The third and fourth trades were a spread trade attempt on the jobs number on Friday. It didn't move.
Pretty sure overtrading happen
- The fifth trade was a momentum play as SPY recovered. Ended up buying the top. Life.....
- Pretty sure the fifth trade was overtrading. We were not happy with the lack of movement on the jobs numbers and felt a little stung. It happens and better discipline is needed.
- The closing of the first trade and moving over to an SPY call on the second trade was good trading.



** 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 **

Jan 27-31 Results

Below are last week's results and notes.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
1/24/2020	VXX	Jan 31 $15.00 Call	0.36	1/27/2020	0.78	0.42	116.67%
1/27/2020	SPY	Jan 29 $320.00 Put	0.77	1/27/2020	0.97	0.2	25.97%
1/28/2020	AAPL	Feb 28 $400.00 Call	0.33	1/29/2020	0.1	-0.23	-69.70%
1/28/2020	FCEL	Feb 21 $2.00 Call	0.22	1/31/2020	0.12	-0.1	-45.45%
1/28/2020	VIXY	Jan 31 $14.00 Call	0.11	1/29/2020	0.06	-0.05	-45.45%
1/29/2020	SQQQ	Feb 21 $22.00 Call	0.49	1/30/2020	0.61	0.12	24.49%
						0.36	1.09%

- The VXX trade was a momentum trade on the rising Coronavirus
- The SPY trade was made using a daily chart pattern support break
- The AAPL trade was a guess on earnings reaction
- The FCEL trade was an option value trade with news likely during the week
- The VIXY trade was a lotto guess
- The SQQQ was a momentum trade on earnings reactions and Coronavirus
- Stop losses were used on all trades.
- The account grew by about 25% gain from last 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 research done on a stock you own or are thinking about buying, email at kdkoptions@gmail.com **