New Spread Trade in SPY

Hello,

A new spread trade in SPY has been made. A Dec 2nd $311 put option and two Dec 2nd $318 call options were purchased for $0.28.

The goal of the trade is to reach $1.00.  Stop loss pricing has been instituted.Some reasons for the trade are below.

- Getting this amount of time (5 days) for as small a total premium of $0.30 is worth the risk.
- Upward trend is strong
- Likely heavy news cycle between now and Monday (Trade, Impeachment, Fed, Black Friday Numbers)

Happy Thanksgiving!



** 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 With Nasdaq ETF SQQQ

A new call trade has been made in Nasdaq short ETF SQQQ. An October 18th $35.00 call has been purchased for $0.97 before fees. The goal of the trade is to see $2.00. Stop pricing has been set up. Reasons for the trade are below.

- Economic Numbers out and not looking to good
- Lots of Fed speakers next week
- Earnings

 ** 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 Spread Trade for Nasdaq ETF QQQ

A spread trade for Nasdaq ETF QQQ has been made. An Oct 3rd $165.50 call and $164.50 put were purchased for $0.96 before fees and commissions. Stop pricing has been made. The trade will end tomorrow. The reason for the trade is below.


- Job Numbers tomorrow
- High Volatility is likely
- Chairman Powell speaks


  ** 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 Spread Trade In Gold

A new spread trade in gold etf IAU has been made. An Oct 18 $14.50 put and call were purchased for $0.48 before fees and commissions. The expectation is that the trade will reach $1.00. Stop loss pricing has been installed. A previous trade with IAU can be found here.  Reasons for the trade can be found below. We also have a spread trade going on with Jet Blue (link here).

- Continued increased Federal Reserve activity in the repo market
- Gold's second try at high of range (likely a breakout of breakdown)
- Political volatility
- Corporate earnings due in a couple of 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 **

New Spread Trade Made in Jet Blue

A new spread trade in Jet Blue has been made. Two October 18th $17.00 call options and one $16.00 put option were purchased. At the time of the trade, Jet Blue was trading around $17.20. The cost of the trade was $1.70 before fees. The expectation of the trade is to be $4.00. Stop loss pricing has been started. Some reasons for the trade are below.

- At bottom of a trading range
- Oil seems to be going lower
-Trade War conversation still loud
- Fed data coming next week
- Quarterly earnings data within date range of 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 **

TLT Spread Trade Sold for a Profit

The TLT spread trade closed out for a profit. The trade closed at $1.29 before fees. A post to the original trade can be found here. Some reason(s) for the trade are below. On to the next trade!

 - TLT moved quite a bit right away, putting the trade in a profitable area
- Opportunities elsewhere have presented themselves


 ** 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 Spread Trade in Bond ETF TLT

A new trade in bond ETF TLT has been started. An Aug 9th $133.50 call and $131.50 put were puchased for a price of $1.05 before fees. The goal of the trade is $2.50. Stop pricing has been started. Some reason(s) for the trade are below.

- Federal Reserve announcement happened after the spread trade was executed.
- Chart wise, TLT was sitting in between $130 and $135. A move to either given the fed announcement is likely


** 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 Spread Trade in TLT

Yesterday, a new spread trade in bond ETF TLT was made. On Tuesday, a June 7th $131.50 call and $130.50 put spread was purchased for $0.87 before fees and commissions. The goal is to see the trade reach $2.00. some reasons for the trade are below. Stop loss pricing has been instituted. 

- Stock rebound
- Fed speakers all week
- Big data (oil, jobs, auctions) out all week



** 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 Option Purchased in VXX

A new trade in VXX has started. An Oct 5th $28.00 call option has been purchased. The cost of the trade was $0.88 before fees and commissions. The expectation is that the trade will reach $2.00. A stop loss price has been created. Some reasons for the trade are below.

- Trade complications
- Geopolitical complications
- Rate decision week
- Earnings season







 ** 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 Spread Trade in Morgan Stanley

We have a new trade!

A Sept 28th $47 put and an Oct 5th $50.00 call have been purchased. The cost of the trade was $1.15 before fees and commissions. The expectation is that the trade will reach $2.00 by expiration. A stop loss plan has been initiated. Some reasons for the trade are below.

- A converging triangle is happening on the chart
- Earnings discussions and estimates are starting to happen.
- Federal Reserve decision coming up
- Downtrend banging on resistance













** 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 **