May 25-29 Week In Review (VXX, SBUX)

Here are some metrics and notes for the week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/22/20	VXX	May 29 $29 Put	$0.11	Expired	$0.00	-$0.11
5/27/20	SBUX	June 19th $90 Call	$0.06	5/28	$0.05	-$0.01
5/28	XLF	June 5 $22.50 call	0.17	5/29	0.2	0.03
Total						-$0.09

Notes
- The first (VXX) trade was speculating on the idea that VXX hadn't moved. It was wrong.
- The second (SBUX) trade was a mistake. The purchase happened as expected but the sale was caught when the market dove for about 30 minutes. The quote was listed as $0.10 when the trade was executed but ended up at $0.05. Weird and not enjoyable. But we move forward.
- The third trade was a retracement play on the leg up that the banks made.

** 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 **

May 18-22 Performance (VXX, Boeing)

Here are some metrics and notes on last week's trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/18/20	VXX	May 22 $30 Put	$0.18	5/20/20	$0.04	-$0.14
5/20/20	MDT	May 29 $108 Call	$0.07	Still Open
5/21/20	BA	May 29 $175 Call	$0.30	5/21/20	$0.14	-$0.16
Total						-$0.30

- The first trade was  a speculative momentum trade.
- The second (Medtronic) trade was an earnings momentum trade. It failed and will likely expire worthless. No stop for this trade.
- The third (Boeing) trade was a chart breakout trade. It lost a majority of its time value quickly and hit the stop loss.


** 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 **

May 11-15 Performance (Bank of America, Dow Jones, Applied Materials)

The following activity and notes are for the week of May 11-15.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/13/20	BAC	May 22 $19 Put	$0.13	5/13/20	$0.15	$0.02
5/13/20	DIA	May 22 $190 Put	$0.10	5/14/20	$0.12	$0.02
5/14	AMAT	May 22 $60 Call	$0.17	5/14	$0.37	$0.20
Total						$0.24

- The first trade was a momentum trade on the downturn for Bank of America and the banks.
- The second trade was another momentum trade on the middle of the week downturn for the market.
- The Applied Materials trade was made knowing that there would be earnings released after the market closed.



** 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 **

May 4- 8 Performance

The following activity and notes are for the week of May 4-8.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/5/20	NVDA	May 8 $335 Call	$0.07	5/6/20	$0.04	-$0.03
5/6/20	VXX	May 8 $30 Put	$0.06	5/8/20	$0.10	$0.04
						$0.01

Some Notes

- The Nvidia call didn't break the 300 level soon enough. The time value dropped and caused the sale

- The VXX sale used the market's positive momentum to increase the speed of VXX's drop.


** 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 **