FXY Spread Trade Closed at Stop Loss

The spread trade in Japanese Yen ETF FXY has been sold at the stop loss price before fees and commissions. Reasons for the trade are below. A link to the original post on the trade can be found here. On to the next trade!

 - Option price hit stop loss
- Time left on trade is less than 2 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 **

XLF Spread Trade Closed for a Profit

The spread trade in financial ETF XLF has been closed for a profit. The closing price was $0.84 before fees and commissions. The original post on the trade can be found here. Reasons for closing the trade are below. Current open trades include a spread trade in Japanese Yen ETF FXY (link here).

 - In the last 4 trading days, XLF moved down 6%
- Other opportunities exist
- Market shifting with Fed moves

 ** 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 FXY

There has been a new spread trade started in Japanese Yen ETF FXY. The cost of the trade is $0.85 before fees and commissions. The target price of the trade is $2.00. Stop prices have been marked and are ready to go. This is the second trade in FXY this year (link to other trade can be found by here). Some reasons for the trade are below.

- FXY possibly hitting resistance at $86.00
- North Korea starting to rumble
- US administration complaining about value of dollar
- Japanese economic data being released this 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 **

Japanese Yen Trade Closed For a Profit

The Japanese Yen ETF FXY spread trade has been closed for a profit. The trade was sold for $0.80 before fees and commissions. The trade cost $0.63 before fees and commissions. The original post on the trade can be found here. 

Some reasons for the trade are below:

- Only 1 week left on trade
- Uncertainty over North Korea reaction to talks

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 **

New Spread Trade in Japanese Yen ETF FXY

A March 8 $87 call and $86 put spread trade has been started. A stop loss price has been implemented. The cost of the trade was $0.63 before fees and commissions. The goal of the trade is $1.50. FXY will have to likely move 1.5% in either direction to make this happen. Reasons for the trade are below:

- Bumping down on near support of $86.00
- General resistance at $88.00
- R1 is $89.06 on a 3 M chart, S1 is $83.72



** 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 **

11/14 Japanese Yen FXY Trade Closes at Stop Loss

On Wednesday November 14th, the Japanese Yen trade was closed as it hit the stop loss point. 

In a note on the importance of a stop loss point, had it not been there, the trade would have ended worthless with today's trading. It is so important to have capital management skills when trading. We aren't happy with the loss. We are happy that are capital management keeps us able to find great trades. If you don't have good capital management, you will not be trading for very long ;).

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 **

11/11 Update on Japanese Yen Spread Trade

The current spread trade in Japanese Yen ETF FXY will continue into its final week. Stop loss points have been updated. The current trend is still a move down, increasing the intrinsic value of the put option. The call is worthless at this point. The expectation is a test at the $83.50 level with a possibility for a move to $83.00. Any move over $84.00 will likely trigger the stop loss point.

Research on the next trade has been going on....





** 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 **

11/4 Update on Yen FXY Spread Trade

The current Japanese Yen (symbol FXY) spread trade will continue into next week. The expectation is still that it will reach $2.00. Stop loss pricing has been implemented as the trade only has two weeks remaining. Some notes and a daily chart are below.

- Trade now in the money on the put side
- 2 Spinning Tops formed last week
- M formation likely forming
- Dollar strength continues
- Japanese Central Bank left rates alone





** 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 **