Weekly (June 29 - July 2) Metrics and Notes

The following metrics and notes for the week of June 29th - July 2nd.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
6/26/20	MVIS	Stock	$0.14	6/29	$0.13	-$0.01
6/26/20	XLF	July 2 $21 Put	$0.10	6/29	$0.04	-$0.06
6/29	TQQQ	July 2 $104 Call	$0.15	6/30	$0.21	$0.06
7/1	MSFT	July 10 $220 Call	0.17	7/1	0.19	0.02
						$0.01

Notes

- The Microvision trade went the other way and the stop loss was reached. KDK Fund has in the past invested in the company's stock. A link to the post can be found here.

- The XLF trade went the other way and the stop loss was reached.

- The TQQQ trade broke out a bit. Because the option was out of the money, the current understanding of the speed of time value loss motivated the sale.

- The Microsoft trade was made as it reached a new 52 week high. Because the option was out of the money, the past understanding of the speed of time value loss motivated the sale.

- We are finding that we have work to do on the sale area of our winning trades. Data is suggesting we are selling too quickly. Time to get learning ;). 

** 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 **