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 **

Apr 13-17 Results (VXX, SPY, NVDA)

The results from April 13-17 are below with notes.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
4/8/20	VXX	Apr 17 $33 Put	$0.13	4/14/20	$0.16	$0.03
4/14/20	NVDA	Apr 24 $330 Call	$0.39	4/16/20	$1.60	$1.21
4/15	SPY	Apr 17 $251 Put	$0.12	4/16	$0.01	-$0.11
						$1.13

- The first trade was a technical trade on VXX (measures market volatility) bumping down against the $40 resistance level. The option price's time value decrease was close to matching the falling price of the index. So the sale at $0.16 took place.

- The Nvidia trade was a breakout trade. It took advantage of an extension in the breakout of price. The sale at $1.60 was a stop price.

- The SPY trade was a protective trade against a possible market downturn because of unemployment numbers and the Senate unable to pass another funding bill. It did not happen.

Profits will be going to charity, taxes (needed now more than ever), investors, and back into the account.


** 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 **

FXY Spread Trade Ends in Profit

The recent FXY April spread trade ended in a profit today. The trade ended, hitting the stop price at $1.26. The trade started at $0.75 (link here).

Profits will be distributed to charity, tax account, and investors.

** 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 **

USO Spread Trade Profit

by Michael Keane

The USO spread trade ($12.00 April call and $11.00 April put) has ended with a profit. The trade was closed at $0.86 before commissions and fees. That is a profit of $0.46 or 115% before commissions and fees. KDK Options entered the trade (link here) at $0.39. 

Portions of the profits will be going to charity, investors, taxes, and back into the account.

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

Apple Trade Ends Profitable

Yesterday, the Apple April $110 call trade ended with a profit. The call was sold at the stop loss of $0.80. The next trade will probably happen in the next 1-2 weeks. Some reason(s) for the sale are below:

- The trade hit the stop loss price.

The stop loss price is a part of the trading strategy that KDK Options is fairly focused on keeping. When a stop loss is placed in a profitable territory, it has been the experience that it should not be violated. One reason is that it keeps KDK Options from being too connected to the security that the trade is being made on. It also provides support for the habit of trading profitably. There are always a million profitable trades. This abundance thought pattern keeps KDK Options on the longer term goals of the strategy.

Anytime a trade can be profitable, KDK Options gets very excited in knowing the work has just providing more funding for its charities. Having this motivation assists in the development of its strategy for success. When helping others is put first, self help becomes easier and easier. 


** 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. **
Be sure to also check out our stock page, KDK Fund.