Weekly (June 22-26) Metrics and Notes XLF, IBB, AAL, more

The following metrics and notes are for the week of June 22-26.

Metrics

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
6/22/20	SPY	June 24 $322 Call	$0.07	6/23	$0.06	-$0.01
6/23/20	NVAX	June 26 $90 Call	$0.15	6/24	$0.05	-$0.10
6/23	XLF	June 26 $22.50 Put	$0.22	6/24	$0.30	$0.08
6/24	AAL	July 2 $11.00 Put	0.24	6/24	0.27	0.03
6/24	IBIO	Stock	0.07	6/26	0.11	0.04
6/24	SQQQ	July 2 $9.50 Call	0.15	6/26	0.1	-0.05
6/25	IBB	July 2 $146 Call	0.25	6/26	0.1	-0.15
						-$0.16

Notes

- The SPY trade was a momentum trade.
- The Novavax trade is a lesson trade. If rules are followed, there would be a profit of 1.25 per contract instead of a loss.
- The first XLF trade was a momentum trade with a head and shoulders formation.
- The first AAL trade was a momentum trade that hit the profit stop.
- The SQQQ trade was a breakout trade that surprised in its lack of follow through the next day.
- The IBB trade was a trade on the coronavirus topic and that it was near to breaking its all time high
- There is an XLF July 2 $21.00 Put open right now.  .

** 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 **