XHB Call Options Purchased

Call options were purchased in homebuilder XHB. The Jan 17, 2020 $49 call options were purchased for $0.03 each. The expectation is to see it rise to $0.10. Reasons for the trade are below.

- Homebuilders confidence is up
- Rates are rising
- Economy going well
- Earnings likely before expiration


** 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 up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Profit Made In XHB Spread Trade

The spread trade in housing ETF XHB was closed for a profit. The trade closed at $1.34. The profit after fees was 23%. Reasons for the trade are below. On to the next trade! 

- Options end this Friday



 ** 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 up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Call trade in Financial ETF XLF

A new call trade was made with financial ETF XLF. The Dec 21st $27.00 call was purchased for $0.41 before fees and commissions. The expectations is for the trade to reach $1.00. A stop loss price has been set. Some reasons for the trade are below. A chart is also included.

- Interest Rate benefits for members (Berkshire, JP Morgan, Bank of America, Citigroup, etc.)
- Likely W formation being created
- October Housing Improved (Housing ETF XHB) Marketwatch story link here
- Many economic numbers to come out in the next few weeks






** 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 up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

Spread Trade on XHB

KDK Options has made a spread trade on XHB. A March $36 call has been purchased as well as a $32 put. The cost of the trade was $0.60 before commissions and fees. The goal of the trade is $2.00. Reasons for the trade are below.

- Technical wedge coming to a point.

- Support is at 30 and Resistance is at 38.

- Increased expectations of market volatility


** 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. **