Apr 13-17 Results (VXX, SPY, NVDA)

The results from April 13-17 are below with notes.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
4/8/20	VXX	Apr 17 $33 Put	$0.13	4/14/20	$0.16	$0.03
4/14/20	NVDA	Apr 24 $330 Call	$0.39	4/16/20	$1.60	$1.21
4/15	SPY	Apr 17 $251 Put	$0.12	4/16	$0.01	-$0.11
						$1.13

- The first trade was a technical trade on VXX (measures market volatility) bumping down against the $40 resistance level. The option price's time value decrease was close to matching the falling price of the index. So the sale at $0.16 took place.

- The Nvidia trade was a breakout trade. It took advantage of an extension in the breakout of price. The sale at $1.60 was a stop price.

- The SPY trade was a protective trade against a possible market downturn because of unemployment numbers and the Senate unable to pass another funding bill. It did not happen.

Profits will be going to charity, taxes (needed now more than ever), investors, and back into the account.


** 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 **

Apr 6-10 Results (GE, VXX, and DIA)

Here are the results for April 6th - April 10th.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
4/2/20	GE	Apr 9 $7.50 Call	$0.14	4/7/20	$0.25	$0.11
4/6/20	VXX	Apr 9 $35 Put	$0.08	4/8/20	$0.09	$0.01
4/7	DIA	Apr 9 $216 Put	$0.44	4/9	$0.08	-$0.36
						-$0.24

Some Notes

- The GE trade was made as positive news for the company in terms of ventilator manufacturing and cash position were profiled.
- The VXX trade was a speculative trade that basically didn't move.
- The DIA trade went wrong right after the trade was made.It was held overnight and the closing price is where it settled. This is one issue with stop losses overnight. Sometimes the security price can open below.


** 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 **

March 30-Apr 3 Results

Here are the trading results for the week of March 30 - April 3, 2020.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
3/27/20	TLT	Apr 3 $182.50 Call	$0.29	3/30/20	$0.24	-$0.05	-17.24%
3/30/20	SPY	Apr 9 $25 Call	$0.24	3/31/20	$0.04	-$0.20	-83.33%
						-$0.25	-50.29%

- The first trade was an attempt on capitalizing the Fed purchasing. The push needed didn't happen.

- The second trade turned out to be a bad chase. SPY had moved up the day before.



** 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 **