Happy Monthly Expiration Week! RevGen had another profitable week. KDK Fund moved covered call funds to another company. The charity is researching a water based organization to make its next donation.
RevGen Trading
| Date Entry | Security | Option | Cost | Date Sold | Amount Received
| Per Contract Result | % result |
| Mar 12 | AMD | Mar 19 $85.00 Call | $0.63 | Mar 15 | $0.65 | $0.02 | 3.17% |
| Mar 15 | AMD | Mar 19 $79.00 Put | $0.48 | Mar 16 | $0.14 | -$0.34 | -70.83% |
| Mar 16 | BAC | Mar 26 $38.50 Call | $0.37 | Mar 17 | $0.44 | $0.07 | 18.92% |
| Mar 17 | AMD | Mar 19 $79.00 Put | $0.41 | Mar 18 | $0.48 | $0.07 | 17.07% |
| Mar 18 | BAC | Mar 19 $39.50 Put | $0.48 | Mar 18 | $0.76 | $0.28 | 58.33% |
| Mar 19 | BAC | Mar 26 $38.50 Call | $0.43 | Open | | | |
- The AMD trades were technical based trades.
- The BAC trades were made based on the uptrend, interest rates, and the Fed notes released on March 17th.
KDK Fund
ELTP
| Company | Stock Symbol | Date Purchased | Purchase Price | Current Price | % Return |
| Virgin Galactic | SPCE | 1/4/2021 | $23.23 | $33.14 | 42.66% |
| Palantir | PLTR | 2/19/2021 | $28.53 | $24.32 | -14.76% |
- No news this week.
Covered Call
| Company | Stock | Current Share Cost Basis | Call Sold | Call Revenue Per Contract | Current Share Price | Current Call Price | P/L per Contract |
| Sundial | SNDL | $1.57 | Mar 26 $2.00 | $0.08 | $1.49 | $0.05 | $0.03 |
| IBIO | IBIO | $1.41 | Mar 19 $2.50 | $0.22 | $1.74 | $0.00 | $0.22 |
| IBIO | IBIO | $1.41 | Mar 19 #2.00 | $0.10 | $1.83 | $0.00 | $0.10 |
- KDK Fund bought back the March 19 $4.50 call options from Ideanomics and sold the shares for $3.13. That ended up being a $0.10 loss per share. The profit on selling the options was $0.97 per share.
- KDK Fund purchased shares of Sundial for $1.57 per share. It has sold March 26th call options for $0.08 per share.
Charity
- The charity is looking for a water based organization to donate to. We would like to find one focusing on desalination if possible.
** 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**
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