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 **