June 1-5 Metrics and Notes (VXX, SBUX, DIA, DIS)

Here are some metrics and notes for June 1-5.

Metrics

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/29/20	VXX	June 5 $29 Put	$0.10	6/2	$0.03	-$0.07
5/29/20	SBUX	June 19th $90 Call	$0.06	6/5	$0.11	$0.05
6/2	DIA	June 5th $22.50 Call	$0.17	6/4	$0.21	$0.04
6/4	DIS	June 12 $135 Call	$0.19	6/5	$0.37	$0.18

Notes

- VXX trade was a momentum trade. While it was much higher during the week, the stop loss allowed for the Disney trade which was very well. Rules are adaptable, but still worth it. We trade this on a regular basis. 

- The Starbucks (SBUX) trade was based on the stock banging on the $80 resistance. It broke out on Friday and nearly doubled the value of the call. We trade this periodically. It is regularly on our radar.

- The Dow Jones (DIA) trade was a fight. While it did provide a profit, having a looser stop would have created much more value. Because the jobs number was an anomoly, the tighter stop was still appreciated to a degree. We trade this periodically.

- The Disney (DIS) trade was based on the stock getting through $125, and it did. The call nearly doubled and we sold. This was the first trade for us.

Any profits go to taxes, charity, investors, and back into the trading account, in that order. 


** 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 **

May 25-29 Week In Review (VXX, SBUX)

Here are some metrics and notes for the week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/22/20	VXX	May 29 $29 Put	$0.11	Expired	$0.00	-$0.11
5/27/20	SBUX	June 19th $90 Call	$0.06	5/28	$0.05	-$0.01
5/28	XLF	June 5 $22.50 call	0.17	5/29	0.2	0.03
Total						-$0.09

Notes
- The first (VXX) trade was speculating on the idea that VXX hadn't moved. It was wrong.
- The second (SBUX) trade was a mistake. The purchase happened as expected but the sale was caught when the market dove for about 30 minutes. The quote was listed as $0.10 when the trade was executed but ended up at $0.05. Weird and not enjoyable. But we move forward.
- The third trade was a retracement play on the leg up that the banks made.

** 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 **

May 18-22 Performance (VXX, Boeing)

Here are some metrics and notes on last week's trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
5/18/20	VXX	May 22 $30 Put	$0.18	5/20/20	$0.04	-$0.14
5/20/20	MDT	May 29 $108 Call	$0.07	Still Open
5/21/20	BA	May 29 $175 Call	$0.30	5/21/20	$0.14	-$0.16
Total						-$0.30

- The first trade was  a speculative momentum trade.
- The second (Medtronic) trade was an earnings momentum trade. It failed and will likely expire worthless. No stop for this trade.
- The third (Boeing) trade was a chart breakout trade. It lost a majority of its time value quickly and hit the stop loss.


** 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 6-10 Results (GE, VXX, and DIA)

Here are the results for April 6th - April 10th.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result
4/2/20	GE	Apr 9 $7.50 Call	$0.14	4/7/20	$0.25	$0.11
4/6/20	VXX	Apr 9 $35 Put	$0.08	4/8/20	$0.09	$0.01
4/7	DIA	Apr 9 $216 Put	$0.44	4/9	$0.08	-$0.36
						-$0.24

Some Notes

- The GE trade was made as positive news for the company in terms of ventilator manufacturing and cash position were profiled.
- The VXX trade was a speculative trade that basically didn't move.
- The DIA trade went wrong right after the trade was made.It was held overnight and the closing price is where it settled. This is one issue with stop losses overnight. Sometimes the security price can open below.


** 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 **

Jan 27-31 Results

Below are last week's results and notes.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
1/24/2020	VXX	Jan 31 $15.00 Call	0.36	1/27/2020	0.78	0.42	116.67%
1/27/2020	SPY	Jan 29 $320.00 Put	0.77	1/27/2020	0.97	0.2	25.97%
1/28/2020	AAPL	Feb 28 $400.00 Call	0.33	1/29/2020	0.1	-0.23	-69.70%
1/28/2020	FCEL	Feb 21 $2.00 Call	0.22	1/31/2020	0.12	-0.1	-45.45%
1/28/2020	VIXY	Jan 31 $14.00 Call	0.11	1/29/2020	0.06	-0.05	-45.45%
1/29/2020	SQQQ	Feb 21 $22.00 Call	0.49	1/30/2020	0.61	0.12	24.49%
						0.36	1.09%

- The VXX trade was a momentum trade on the rising Coronavirus
- The SPY trade was made using a daily chart pattern support break
- The AAPL trade was a guess on earnings reaction
- The FCEL trade was an option value trade with news likely during the week
- The VIXY trade was a lotto guess
- The SQQQ was a momentum trade on earnings reactions and Coronavirus
- Stop losses were used on all trades.
- The account grew by about 25% gain from last 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 **

XLF and VXX Call Options Purchased

For next week's trade, we have purchased a Jan 3rd $31.00 XLF call option and a Dec 20th $18.00 VXX call option. The cost of the trade was $0.40. The expectation is for the trade to reach $1.00. Stop loss pricing is in effect. Some reasons for the trade are below.

 - Market is at all time highs
- Different kind of spread trade
- XLF broke out with a big positive candle this week
- VXX is at bottom of its range
- Trade deal confusion persists
- Santa rally?

*An earlier version incorrectly had Dec 27th as the date of the XLF option.*

 ** 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 **

VXX Option Trade Closed at Stop Loss

The call option trade on the VXX was closed out at the stop loss. The anticipated volatility due to geopolitical issues and the federal reserve rate increase did not materialize.

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 Bank of America

Yesterday, a spread trade in Bank of America $BAC was opened. A $32 call/$27 put spread expiring on March 16th was purchased for $0.85. The expectation is for the trade to get to $1.50. A stop loss has been created for the trade. Some reasons for the trade are below.

- steep drop with long bullish tail on Friday
- price on the 50 day average
- Market Volatility high


** 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 purchase in VXX

KDK Options has purchased the May VXX $21.00 call option. The price paid for the option was $0.82 before fees and commissions. The goal for the option is $5.00. Stop loss price has been established. Some reasons for the trade are below:

- The VXX is at the bottom of a range and moved up the last two days

- Global markets are not stable

- Volatility is high

- Earnings season is upon us


  ** 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. **
Be sure to also check out our stock page, KDK Fund.

Week In Review (Close VIX Trade, more)

There was one trade made this week. Currently the account is in all cash and will be looking for April or May options trades to make.

The VIX March $18.00 Call was sold for $0.75. This trade went as expected. But the account decided to sell instead of wait due to the uncertainty of political issues in Ukraine and Russia. The post link for the trade is here.

 If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, 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. **

Closed Out of VIX March $18.00 Call Trade

KDK Options have closed the VIX March $18.00 call trade by selling the call. The call was sold for $0.75 before commissions and expenses. The VIX was priced at $16.80 at the time of the sale. The reasons for the sale are below:

- The option was still out of the money meaning the entire value of option was all time value. Expiration on the option is next week.

- Events involving Russia and Ukraine motivated the idea of being flexible and taking profits.

- Important to guard profits.

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, 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. **