New Spread Trade in Bank ETF XLF

A new spread trade has been created for bank ETF XLF. A June 7th $27.00 put and $27.50 call were purchased. The cost of the trade was $0.75 before fees and commissions. The goal of the trade is to see $1.50. Stop loss pricing has been instituted. Some reasons for the trade are below. Previous trades in XLF this year can be found here, here,.

- Volatility has begun to pick up
- China trade
- $27.00 pivot point
- Middle East Stability
- 50% retracement of 3 point move at $27.00



** 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 Closed for A Profit

A May $9.00 call trade in SQQQ (Bearish Nasdaq ETF) was closed out for a profit. The trade sold at $0.75 before fees and commissions. The trade made $0.50 before fees and commissions. Some reasons for ending the trade are below. Time for the next trade!

- Volatility was active the last couple of days
- Trade Issues with China
- Option expiring 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 up to the moment communication on KDK Options trades, 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 **

Jet Blue Call Trade Ends in Profit

The call trade in Jet Blue ended in a profit. The trade was sold for 0.46 per contract before fees and commissions. The original post on the trade can be found here. Distributions to charity, tax, and investors will be made. Some reasons for the sale are below. On to the next trade!

- Rapid move up provided opportunity for another 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 Call Trade in Nasdaq SQQQ

A new call trade has been started in Nasdaq SQQQ. An April $10.00 call option has been purchased. The price of the trade was $0.90. The goal of the trade is $2.00. Stop loss pricing has been implemented. A previous trade in SQQQ can be found here. Reasons for the trade can be found below.

- Nasdaq showing topping pattern
- Trade cost includes plenty of intrinsic value for protection


 ** 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 **

FXY Spread Trade Closed at Stop Loss

The spread trade in Japanese Yen ETF FXY has been sold at the stop loss price before fees and commissions. Reasons for the trade are below. A link to the original post on the trade can be found here. On to the next trade!

 - Option price hit stop loss
- Time left on trade is less than 2 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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

New Call Trade in Jet Blue

A new call trade has been opened. KDK Options purchased April 19 $16.00 call options for 0.28 each. The goal of the trade is $1.00. Stop loss pricing has been identified. There was 1 other trade in 2019 for Jet Blue. The link to that trade can be found here. There is also a current trade in Japanese Yen ETF FXY. The link to that trade can be found here. Some reasons for the trade are below.

- travel still growing
- Stock at support
- Boeing news fading
- Price of option allows for purchase multiple contracts






  ** 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 **