Week's (Aug 10-14) Metrics and Notes (Tower Semi, Workhorse, Oil, Banks)

 Here are this week's metrics and notes. 

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
7/24/20	TSEM	Aug 14 $29 Call	$0.12	8/14	$0.00	-$0.12
8/10/20	WKHS	Aug 14 $25 Call	$0.05	8/14	$0.00	-$0.05
8/11/20	USO	Aug 21 $32 Call	$0.15	8/14	$0.05	-$0.10
8/11	XLF	Aug 21 $27 Call	0.08	8/13	0.02	-$0.06

Notes

- All of this week's trades ended on the negative side. Tough week. 

- This included buying a call expecting earnings the next day that had already been announced. 

- See you next 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 research done on a stock you own or are thinking about buying, email at kdkoptions@gmail.com **

Last Week's Jan 6-10 Results (USO, SPY, VXX)

The account had the following results for trades last week. Please note the following:

- The number of contracts are not mentioned.
- The percentage at the end is an average of the trades for the week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Jan 3	USO	Jan 17 $14.00 Call	0.06	Jan 6th	$0.09	$0.03	50.00%
Jan 6	VXX	Jan 17 $16.50 call	0.3	Jan 6th	$0.19	-$0.11	-36.67%
Jan 6	SPY	Jan 10 $327.00 Call	0.21	Jan 8th	$0.32	$0.11	52.38%
Jan 9	SPY	Jan 10 $327.50 Call	0.21	Jan 10th	$0.30	$0.09	42.86%
Total						$0.12	27.14%

 Notes on the trades
1) The USO trade was a play on the heightened tensions with Iran

2) The VXX trade was a play on the heightened tensions with Iran

3) The Jan 6th SPY trade was a play on a technical bullish cross.

4) The Jan 9th SPY trade was a play on the jobs report.

5) All 4 trades were sold because of stop pricing being put in.

** 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 **

New Trade in Oil ETF USO

We have purchased a Jan 17 $14.00 call option. The cost was $0.06. The expectation is that the option will reach $0.60. Some reasons are below

- US kills Iranian General Soleimani
- USO rose more than $1.00 after Saudi Aramco attack
- USO rose more than $1.00 after tanker attack in June
- US military costs likely going up quickly, aka needing oil
 - Story from partner 2 years ago 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 research done on a stock you own or are thinking about buying, email at kdkoptions@gmail.com **

New Spread Trade in Oil ETF USO

A new spread trade in oil ETF USO has been made. A May 3rd $13.00 call and put were purchased. The cost of the trade was $0.74 before fees and commissions. The goal of the trade is $2.00. Stop loss pricing has been instituted. Some reasons for the trade are below.

- Increased volatility in the oil market
- production cuts continue to be in the market
- geopolitical actions taking place in oil sensitive countries like Libya
- economic slowdown continues to be echoed
- time for earnings

We also have a call trade on $SQQQ. The blog on that 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 Spread Trade in Jet Blue (JBLU)

A new spread trade has been started in Jet Blue (JBLU). KDK Options purchased a Jan 18th $19.00 call option and a Jan 18th $16.00 put option for $0.38 before fees and commissions. The expectation is to see the trade reach $1.00 before expiration. Stop loss pricing has been implemented. Some reasons for the trade are below.

- Oil is lower than expected
- 2018 Airline metrics will be released
- Market volatility is high

Please Note - KDK Options also has a spread trade going on in Financial ETF XLF. The link to that 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 **