June 8-12 Metrics and Notes (NVDA, XLF, SPY)

Here are some metrics and some notes from the week's trading.

Metrics

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
6/8/20	NVDA	June 12 $395 Call	$0.25	6/9	$0.37	$0.12
6/8/20	XLF	June 12 $25.50 Put	$0.14	6/9	$0.24	$0.10
6/11	SPY	June 15 $290 Put	$0.37	6/11	$0.95	$0.58

Notes

- The Nvidia call trade was a reversal and momentum trade. We saw the price at $0.35 and sold outright. We should have put a trailing stop. A profitable trade, but not a good trade.

- The XLF trade was a chart trade that worked out. After spikes, the price regularly falls.

- The SPY Put trade was a momentum trade based on the big morning down open.



** 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 **