Tuesday, April 14, 2020

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

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

Date EntrySecurityOptionCostDate SoldAmount ReceivedPer Contract Result
4/2/20GEApr 9 $7.50 Call$0.144/7/20$0.25$0.11
4/6/20VXXApr 9 $35 Put$0.084/8/20$0.09$0.01
4/7DIAApr 9 $216 Put$0.444/9$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 **

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