New Call Trade in Jet Blue JBLU

A new call trade for Jet Blue (symbol JBLU) has been started. A Feb $17.00 call was purchased for $0.50 before fees and commissions. Reasons for the trade are below. Stop loss pricing has been implemented. The goal for this trade is $1.50.

- Earnings season getting started
- Price of oil is low
- Traffic is high
- Jet Blue received an upgrade from JP Morgan that should be reflected as the first earnings after the upgrade will be this month 
- Likely uptick with the airline industry
-Vacation is over for large amount of traders

KDK Options has made previous trades with JBLU. The link to the trade can be found here.


** 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 **

Week In Review (USO, JP Morgan, more)

This week there was a purchase of  JP Morgan August $60.00 call options. The post for the purchase is here. There were no sales this week.

USO - The July $40.00 call is still being held. It is still out of the money. The action in Iraq as well as 2nd quarter GDP numbers continue to put upward pressure on the price of the ETF. The expectation is for the USO to reach $41.00. The goal of the option is being brought down to $1.00.

JPM - The August $60.00 call is still being held. It is still out of the money. The stock keeps pushing up against resistance at the $58.00 level. We believe that earnings will carry the stock price into the $61-$62 range.

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, twitter @kdkoptions, or find us on Stocktwits @kdkoptions. 

** 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. ** 

KDK Options Purchases JPM August Calls

KDK Options has purchased call options for JP Morgan. The August (first week) $60.00 call options were purchased for $0.27. The goal of the trade is $2.50. The stock is currently trading at $57.73. The reasons for the trade include:

- An upward pressure on the stock technically

- Improving economic conditions in the US

- Earnings season coming within the time frame

- Financial Industry looking to experience growth

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, twitter @kdkoptions, or find us on Stocktwits @kdkoptions. 

** 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. **