New Purchase of Bank of America Call

Today, KDK Options purchased a September $14.00 Call Option. The price paid was $0.33 before commissions and fees. The expectation is $1.50. A stop loss has been set.

** 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. **

Citigroup Trade Ends with Stop Loss

The stop loss price was hit on the Citigroup June $50.00 call trade. The next trade should happen in the next 2-3 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. **
Be sure to also check out our stock page, KDK Fund.

Citigroup Trade in Review

Currently KDK Options has an open trade with the June $50.00 call option. It will continue holding the trade unless it hits the stop loss price. Below are some charts and comments on each that give KDK Options some insight into how it wants to handle the trade.

The stock is hitting trend lines in the daily, weekly, and monthly time frames. The daily is coming down to the 15 day average. The stock is hitting the 200 day average on the weekly chart. It is also hitting the 50 day average. The question is which moving average does it cross?

We will see. 

C Daily

It is regressing back to the 15 day average. Will there be a bounce?

C Weekly




C Monthly




    ** 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 Call Position in Citigroup

KDK Options has purchased a Jun Citigroup $50.00 call option. The cost of the option was $0.58 before commissions and fees. The stock closed the day at $46.74. The goal of the trade is $2.00. Some of the reasons for the trade are below:

- Bank breakout
- Room for Citigroup to move 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. **
Be sure to also check out our stock page, KDK Fund.

Week (4/8) In Review (VXX, more)

KDK Options purchased a VXX May 13th call option (link here). There were no sales during the week.

The trade will continue into next week. Here are some metrics

Security	Option	Option Purchase Price	Current Option Price	Current Security Price	Option End Date	Option Sell Price
VXX	May 13 $21 call	$0.84	$0.88	$18.46	5/13/2016	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.

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.

Sold Southwest April $46.00 Call

The Southwest April $46.00 Call trade has been closed at a loss as the price hit the stop loss point. The option was sold for $0.32. The next trade should be in the next 1-2 weeks.

Stop losses are very important to KDK Options. They remove the emotion of the moment and allow for the next trade to be possible. 



  ** 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.