Feb 21 - 27 Activities (RevGen Trading, KDK Fund)

 Hello! 

This was a busier week than expected. The volatility in the market was higher than normal. More importantly, the snow started melting! 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Feb 22	SQQQ	Feb 26 $14 Call	$0.19	Feb 22	$0.32	$0.13	68.42%
Feb 22	MS	Feb 26 $80 Call	$0.34	Feb 23	$0.16	-$0.18	-52.94%
Feb 24	BAC	Mar 5 $37 Call	$0.31	Feb 24	$0.39	$0.08	25.81%
Feb 24	AMD	Feb 26 $91 Call	$0.27	Feb 25	$0.07	-$0.20	-74.07%
Feb 25	BAC	Mar 5 $35 Put	$0.23	Feb 26	$0.45	$0.22	95.65%
Feb 26	AMD	Mar 5 $90 Call	$0.41	Open

Notes

- All the trades were momentum trades and stop losses were used. 

KDK Fund

ELTP

Company	Stock Symbol	Date Purchased	Purchase Price	Current Price
Virgin Galactic	SPCE	1/4/2021	$23.23	$37.23
Palantir	PLTR	2/19/2021	$28.53	$23.90

- Virgin Galactic has postponed some flights

CC

Company	Stock	Current Share Cost Basis	Call Sold	Call Revenue Per Contract	Current Price	P/L
Ideanomics	IDEX	$3.23	Mar 19 $4.50	$0.53	$0.20	$0.33
IBIO	IBIO	$1.32	Feb 19 $2.00	$0.14	$0.10	$0.04

* This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence. We are on Facebook, Twitter, and email through keanevcc@gmail.com**

Feb 14-20 Activities (Spec Options, Covered Calls, Stock and More)

 This was another wonderful week for KeaneVCC. See below on notes for RevGen Trading, KDK Fund, and KeaneVCC Charity. 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Feb 13	IBIO	Feb 19 $3 Call	$0.15	Feb 19	$0.00	-$0.15	-100.00%

- Not much rolling this week. Saw an opportunity for IBIO with earnings and it didn't pan out. 

KDK Fund

Expected Long Term Portfolio

Company	Stock Symbol	Date Purchased	Purchase Price	Current Price
Virgin Galactic	SPCE	1/4/2021	$23.23	$51.19
Palantir	PLTR	2/19/2021	$28.53	$29.00

- We were able to increase the portfolio and purchase equity in Palantir. Through its products, service, and leadership, we believe that Palantir has the necessary tools to improve human existence. We expect to hold onto this stake for the foreseeable future.   

CC Portfolio

Company	Stock	Current Share Cost Basis	Call Sold	Call Revenue Per Contract
Ideanomics	IDEX	$3.23	Mar 19 $4.50	$0.53
IBIO	IBIO	$1.32	Feb 19 $2.00	$0.14

- We bought back the Feb 19 IDEX $4.00 call for $0.01 per contract. The March 19 $4.50 call options were sold for $0.53. This was done to keep the shares and to capitalize on the call value before it was lost over the weekend (time value). This is an increase in the strike price and an increase in the value of the call price sold. 

- The IBIO shares ended the week at $1.99. The calls expired. We will be going into the market and selling more call options in the coming days. The calls will be at an increased strike price (2.50 +) depending on the stock's activity.   

KeaneVCC Charity

- Because of the past activity from RevGen Trading and KDK Fund, the charity was able to make a donation to Northeastern Illinois University's College of Business.  

** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence. We are on Facebook, Twitter, and email through keanevcc@gmail.com**

Feb 7-13 Activities (RevGen Trading, KDK Fund, Charity)

 This was another wonderful week for KeaneVCC. See below on notes for RevGen Trading, KDK Fund, and KeaneVCC Charity. 

- Next week is the last day for covered call trades. 

- There might be a reallocation of assets and funds next week 

- The next round of charitable distributions is being lined up. 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Feb 1	SNDL	Feb 12 $1.50 Call	$0.25	Feb 9	$0.33	$0.08	32.00%
Feb 9	TLT	Feb 19 $145 Put	$0.14	Feb 12	$0.20	$0.06	42.86%
Feb 12	IBIo	Feb 19 $3 Call	$0.15				Open

Notes

- The SNDL trade was a technical analysis trade that ended with a stop profit. The chart showed the previous spikes to be about 3X from the bottom. This one did something similar. Good trade. 

- The TLT trade was also a technical trade with new resistance being at a lower point. It worked out and the trade was stopped out for a profit.  

- The open IBIO trade is an earnings trade. They release earnings on Tuesday. 

KDK Fund

Expected Long Term Portfolio

Company	Stock Symbol	Date Purchased	Purchase Price
Virgin Galactic	SPCE	1/4/2021	$23.23

- A likely increase in the ELTP (Expected Long Term Portfolio) will be coming in the next couple of weeks as the account is growing.  Equity in Virgin Galactic is still owned. It doubling in price from the purchase price does not change that. 

COVERED CALL

Company	Stock	Share Purchase Price	Call Sold	Call Revenue Per Contract
Ideanomics	IDEX	$3.23	Feb 19 $4.00	$0.48
IBIO	IBIO	$1.32	Feb 19 $2.00	$0.14

-  Both of our covered call trades are entering their final week above the strike price. If they stay above and get assigned after Friday's  close, we will be ready with new trades. If either or both fall below the strike price before Friday's close, we will continue selling call options on these stocks. 

KeaneVCC Charity

- Charitable distributions are scheduled for the week starting 2/21. 

** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence. We are on Facebook, Twitter, and email through keanevcc@gmail.com**