Sunday, May 10, 2020

May 4- 8 Performance

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


Date EntrySecurityOptionCostDate SoldAmount ReceivedPer Contract Result
5/5/20NVDAMay 8 $335 Call$0.075/6/20$0.04-$0.03
5/6/20VXXMay 8 $30 Put$0.065/8/20$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 **

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