Saturday, May 16, 2020

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 EntrySecurityOptionCostDate SoldAmount ReceivedPer Contract Result
5/13/20BACMay 22 $19 Put$0.135/13/20$0.15$0.02
5/13/20DIAMay 22 $190 Put$0.105/14/20$0.12$0.02
5/14AMATMay 22 $60 Call$0.175/14$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 **

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