Sunday, June 21, 2020

Weekly (June 15-19) Metrics and Notes (XLF, Dow Jones)

Here are some metrics and notes from activity during June 15-19.

Metrics


Date EntrySecurityOptionCostDate SoldAmount ReceivedPer Contract Result
6/15/20XLFJune 19 $22.50 Put$0.366/15$0.14-$0.22
6/16/20DIAJune 19 $280 Call$0.266/17$0.07-$0.19
6/18XLFJune 16 $22.50 Put$0.316/19$0.16-$0.15

Notes

- The first XLF trade was a trend trade where the stock shoots up a bit and then fades. It didn't fade.
- The DIA trade was a momentum trade on a previous up day followed by a strong opening. We may have bought at the top!
- The second XLF trade was again expecting a fade. The trade hit the stop loss (we sold) and then started fading! That is the way it goes sometimes. The money management did allow for another trade,


** 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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