May 11-15 Performance (Bank of America, Dow Jones, Applied Materials)

The following activity and notes are for the week of May 11-15.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/13/20	BAC	May 22 $19 Put	$0.13	5/13/20	$0.15	$0.02
5/13/20	DIA	May 22 $190 Put	$0.10	5/14/20	$0.12	$0.02
5/14	AMAT	May 22 $60 Call	$0.17	5/14	$0.37	$0.20
Total						$0.24

- The first trade was a momentum trade on the downturn for Bank of America and the banks.
- The second trade was another momentum trade on the middle of the week downturn for the market.
- The Applied Materials trade was made knowing that there would be earnings released after the market closed.



** 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 **

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 **

Call In $SQQQ Bought and Sold For Profit

Yesterday, an October 18th $38.00 call option was purchased for a cost of $0.67 before fees. The reason for the trade was an increase in volatility for the security.

Today, the call was sold at the stop price of $1.05 before fees. That created a profit of $0.38 or 57%. Reasons for the trade are below. Previous trades on $SQQQ have been made in the past. On to the next trade!

- Stop loss was fairly tight due to the volatility
- A profit that big that quick needs to be protected
- Provide more capital for 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 **

Profit Made In XHB Spread Trade

The spread trade in housing ETF XHB was closed for a profit. The trade closed at $1.34. The profit after fees was 23%. Reasons for the trade are below. On to the next trade! 

- Options end this Friday



 ** 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 **

Call Trade in Gold ETF IAU Sold For Profit

The call trade in the Gold ETF IAU has been closed for a profit. The calls were sold (at the stop price) for $0.38 before fees. Allocations to taxes, charity, and investors have been made.The post to the original post can be found here. Reason(s) for the trade are below. On to the next trade!

 - Stop price hit
- Time to expiration running low



 ** 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 **

$SQQQ Call Trade Sold For a Profit

The $SQQQ Aug 16th call trade was sold for a profit. The trade sold for $2.40 before fees. The original post on the trade can be found here. Reasons for the trade can be found below. On to the next trade! Portions of proceeds have been assigned to taxes, charity, investors, and back into the account.

- Stop price was hit
- Other trade opportunities have a higher probability
- Aug 16th expiration date means increasing time value decline



** 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 **

Nvidia Call Trade Closed At A Profit

The Nvidia Aug 2 $185 call option trade was closed at the stop price for a profit. The call sold for $0.89. That is a profit of $0.24 before fees. The original post to the trade can be found here. Reasons for the trade are below. Time for the next one!

- Stop price hit
- Time getting shorter
- Opportunity elsewhere


  ** 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 Trade Closed For A Profit

The XLF trade has closed for a profit. The trade sold for $1.01 before fees and commissions. The link to the original post on the trade can be found here. Reason(s) for the trade closing can be found below.

- Time left on the trade was approaching one week left
- Profit locked in during a volatile environment
- Other profitable trades presenting themselves

Money for charity through Keane Venture Capital and Consulting, taxes and investors will be distributed accordingly. 

On to the next trade!

Jet Blue Trade Closes With A Profit

The Jet Blue spread trade has closed with a profit. The trade closed at $0.69 before fees and commissions. Some reasons for the trade are below.

- Holidays coming in removing trading days and hurting time value
- Government shutdown issue provides opportunity elsewhere
- More cash on hand for future trades


 Proceeds will go to charity, investors, and back into the trading account. KDK Options also has an open spread trade in Financial ETF XLF (link 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 **

XLF Call Trade Ended in Profit At Stop Price

Hello

The XLF Call trade ended at $0.55. This is a profit of $0.14 before fees and commissions. The original post can be found here. A new stop price was selected at the beginning of the day as it gapped up. XLF has come all the way back down to almost no gain triggering the sale.

While we wish and still expect the trade to continue to move forward, the move down is a clear recognition that the current time value of the option will not be around for long. There is also a spot of resistance at the $27.50 level that will likely take time to eclipse.

For now, we will have gratitude and say thank you for the small profit. 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 **

Bank of America Spread Trade Closed For Profit

The Bank of America spread trade has closed for a profit. The trade closed at $1.00 before fees and commissions. The stock was at $26.50 when the sale happened. The original post for the trade can be found here.  Some reasons for the sale are below.

On to the next trade!

- This was a large 2 day move and the stops were close in case of a whipsaw

- More probable opportunities have shown up. 


** 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 **

FXC Canadian Dollar Trade Ends in Profit

The spread trade in the Canadian Dollar for $FXC has ended in a profit. The trade sold for $0.90. That is a gain of $0.25 before fees and commissions. Portions of the profits will go to investors, KeaneVCC's charity, taxes, and back into the fund. The link to the purchase blog entry can be found here. Reasons for ending the trade can be found below.

- Trade was in a profitable spot
- Expiration of the option was next Friday
- Other opportunities are coming up that can use that capital

** 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 **

Bank of America Trade Closed for a Profit

The Bank of America Nov 3rd spread trade was closed out for a profit (original post here). The trade ended at a price of $0.79 before commissions and fees. Some of the proceeds will go to charity. Some of the proceeds will also go back to investors. Reasons for the closure of the trade are below. We will be looking at set ups for our next trade.

- Expiration was 2 weeks away
- Time value will decrease quickly from here on out
- Trade caplitalized on 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 **

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 **