Apple Call Trade Ends

The Apple December $130 call trade ended with the stock declining and the option price hitting the stop loss price. Some reasons for the trade ending are below.

- KDK Options money management policies are designed to make sure that we are always able to capitalize on opportunities. This requires a specific design towards stop loss policy when a legitimate opportunity slips into hope territory.

- The likelihood of a rally past $130 by December 18th was greatly diminished by the stock falling below $120.

- The weekly chart showed a candle top last week with a strong red candle this week.

- While still bullish on Apple in general, the December time frame for the trade required a consistent bullish move which yesterday's action removed.

Week (11/6) In Review (Apple, more)

An Apple December $130 call option was purchased this week (post link here). There were no options sales this week. The next options trade will likely happen after the Apple trade is finished.


** 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.

Purchased Apple Call Option

KDK Options purchased an Apple December $130 call option. The price of the option was $0.95. The expectation is for the option to reach $5.00. The current price of the stock is about $121.00. Some of the reasons for the purchase are below.

- Stock is trending up
- Holiday season is upon us
- Market is in a bullish mood.

** 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.

Southwest Airlines Nov $43 Call Trade Ends

The Southwest Airlines November $43.00 Call trade has ended. The call was sold for $1.15 before fees and commissions. That is a 92% gain from the purchase price of $0.60. The price of the stock at the time of sale was $43.30. Reasons for the sale are below.

- Price of option hit a stop price. The stop price set was $1.25. We are not too happy that Optionshouse was only able to fill it at $1.15.

 KDK Options is in the process of finding 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. **

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

Week 10/16 In Review (Southwest Airlines, more)

A Southwest Airlines November 43.00 call option was purchased (link here) . The Bank of America October 18.00 call option expired worthless. There is no scheduled time for the next purchase.  Details of current holdings are below.

Security	Option	Option Purchase Price	Current Option Price	Current Security Price	Option End Date	Option Sell Price
LUV	Nov $43.00 Call	$0.60	$0.66	$40.56	11/20/2015	Current Holding

** 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.

November Call Position Opened in Southwest Airlines

KDK Options has purchased Southwest Nov $43.00 call options. The price was $0.60. The goal is $1.50. Reasons for the trade are below.

- Broken $40.00 resistance.
- Lower oil prices
- bookings are strong


** 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.

New Purchase of Bank of America Call Options

KDK Options has purchased the Bank of America October $18.00 call options. The price of the option was $0.08. The goal of the trade is to see the option reach $0.25. Reasons for the trade are below:

- Plenty of upside in the stock

- Earnings run up probability is high

- Federal Reserve meets on the 16th and 17th

- Price of options allows for 5X gain in 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. **

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