Monday, August 24, 2020

Week's (Aug 17-21) Metrics and Notes

 Here is the week's metrics and notes. 

Metrics

Security/ ProjectType Date of Purchase/SaleCost of InvestmentEOW ValueReturn %
Fuel Cell EnergyStock 8/3/2020$2.092.9239.71%
Fuel Cell EnergySep 18 $4.00 Covered Call8/21/2020-$0.17$-.0.18-5.88%
Silvergate BankStock 8/5/2020$13.99$14.765.50%
Kintara TherapeuticsStock 8/21$1.21$1.17-3.31%

Notes

- The fund bought back the August $3.00 call for $0.05 on Friday as the price of Fuel Cell was hovering around $3.00. The September $4.00 call was sold for $0.17. The fund still owns the shares at a cost basis of $2.09. The max profit between now and September 18 is $191.00 for each 100 shares that calls have been sold. 

- The fund purchased shares of Kintara Therapeutics. We now have equity interests in companies pertaining to areas of Climate Change, FinTech, and DNA Therapeutics. We are also currently looking at areas of exploration and tech.  


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.



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