Monday, May 25, 2020

May 18-22 Performance (VXX, Boeing)

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


Date EntrySecurityOptionCostDate SoldAmount ReceivedPer Contract Result
5/18/20VXXMay 22 $30 Put$0.185/20/20$0.04-$0.14
5/20/20MDTMay 29 $108 Call$0.07Still Open
5/21/20BAMay 29 $175 Call$0.305/21/20$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 **

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