Week Ending Jan 9th Activities (RevGen, KDK Fund, Charity, more)

 The week's notes are below. 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Jan 4	SQQQ	Jan 8 $16.40 Call	$0.27	Jan 4	$0.50	$0.23	85.19%
Jan 5	WKHS	Jan 8 $23.50 Call	$0.39	Jan 6	$0.33	-$0.06	-15.38%
Jan 6	MS	Jan 8 $75.00	$0.40	Jan 6	$1.10	$0.70	175.00%
Jan 7	NVDA	Jan 8 $560 Call	$0.29	Jan 8	$0.11	-$0.18	-62.07%

Notes

- The SQQQ trade was a momentum trade that was sold at a stop price. 

- The WKHS trade was a momentum trade that was whipsawed and hit a stop price

- The MS trade was a breakout trade that hit a stop price. It was not expected to be a day trade. 

- The NVDA trade was a momentum trade that hit a stop price. We incorrectly thought the 2 days left of trading left when the trade was started. Always have your plan out of your heads and onto a spreadsheet or paper before executing!  

KDK Fund

- We purchased more shares of IBIO at a price of $1.19 and sold a Feb $2.00 call option for $0.11. This continues to build the covered call portfolio. Average price before selling calls is now $1.32. 

- We purchased a share of Virgin Galactic at a price of $23.21. We have no plan to sell.   

KeaneVCC Charity

- We will make our next charity donation mid to late next week. Work from RevGen and KDK Fund have done great. 

** 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 keanevcc@gmail.com **

Starting Year Off Right (Morgan Stanley and Nasdaq Bear ETF SQQQ)

Today we were able to close a Morgan Stanley Jan 8th $71 call trade ($0.16 or 61% profit) and day trade the Nasdaq bearish SQQQ Jan 8th $16.50 put trade for ($0.23 or 85% profit). 

- Both trades used stop trailing stop pricing. 

- Profits were made both on a bullish and a bearish positions

- Profits will be allocated to taxes, charity, investors, and back into the account. 

Grateful.

** 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 keanevcc@gmail.com **