Keane VC Consult: October 2020

Monday, October 26, 2020

Oct 26 Dow Jones Component Covered Call Data

Here are some of this week's (expiring this Friday) call option data for the below Dow Jones components. The formula is to sell call options on a regular basis to generate revenue. Doing this correctly on a regular basis builds wealth. We do not have any connection with any of these companies.

Company	Stock	1 Yr Weekly Avg Movement	Highest Range	Price As Of Writing	Call Options Outside of Weekly Average	Market Price of Options	Call Options Outside of Highest Range	Market Price of Options
Microsoft	MSFT	$10.83	$23.00	$216.23	225+	$1.50	235+	$0.35
JP Morgan	JPM	$7.47	$20.50	$103.80	111+	$0.09	124+	$0.01
Intel	INTC	$4.02	$12.40	$48.20	52.50+	$0.04	61+	$0.01
Apple	AAPL	$6.08	$27.00	$115.00	121+	$1.30	142+	$0.02
Walmart	WMT	$6.16	$26.00	$143.86	150+	$0.05	170+	$0.01

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

Sunday, October 25, 2020

Oct 19-23 Activities (RevGen Trading, KDK Fund, more)

Here is the activity for the week

RevGen Trading

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
10/9/20	IBIO	Nov 20 $2.50 Call	$0.30	10/22	$0.10	-$0.20
10/19	XLF	Oct 23 $24.00 Put	$0.09	10/22	$0.04	-$0.05

Notes

- The IBIO trade was a spce trade on virus developments that didn't come. The trade hit the stop price and sold.

- The XLF trade was a play on an engulfing bearish candle that didn't continue. The stop price was hit and sold.

KDK Fund

Metrics

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Fuel Cell Energy	Stock	8/3/2020	$1.80	$2.38	32.22%
Fuel Cell Nov $3.50 Call	Option	10/15/2020	-$13.00	-$4.00	69.23%
BLOK	ETF	10/15	$25.45	$26.00	2.16%

Notes

- The call continues to lose value creating more wealth for the fund. There are 4 weeks left.

- The blockchain/cryptocurrency ETF BLOK hit a new 52 week high this week as the price of bitcoin rose above $13,000.

Monday, October 19, 2020

Week's (Oct 12-16) Activities (RevGen, KDK Fund, more)

This was another special week for the group. Metrics and notes are below.

RevGen Trading

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
10/12/20	MS	Oct 16 $54.50 Call	$0.12	10/13	$0.22	$0.10
10/14	SQQQ	Oct 23 $25.50 Call	$0.13	10/14	$0.15	$0.02

Notes

- The Morgan Stanley trade was a speculative play on earnings. It worked out and was sold at a profit stop.

- The SQQQ (Negative Nasdaq) play was a speculative play chart wise. It stayed flat and was sold.

KDK Fund

Metrics

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Fuel Cell Energy	Stock	8/3/2020	$1.76	$2.33	32.39%
Fuel Cell Nov $3.50 Call	Option	10/15/2020	-$13.00	-$8.00	38.46%
BLOK	ETF	10/15	$25.45	$25.62	0.67%

Notes

- The fund bought back the October $3.00 and October $2.50 Fuel Cell calls for $0.04.

- The fund sold the November $3.50 call options for $0.13 each. The reason for the $3.50 is that the election will be within this range and volatility in this sector is likely to pick up.

- Fuel Cell stock has not moved but the covered call operation has created a 30+% gain.

- The fund purchased equity in Amplify ETF BLOK. It is focused on the blockchain and cryptocurrency areas.

Sunday, October 11, 2020

Week's (Oct 5-9) Activities (RevGen, KDK Fund, Charity, more)

Here are the week's activities, metrics, and notes.

RevGen Trading

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
9/29/20	GE	Oct 30 $7 Call	$0.16	10/6	$0.19	$0.03
10/5	NVDA	Oct 9 $600 Call	$0.24	10/6	$1.16	$0.92
10/7	GE	Oct 30 $7 Call	$0.11	10/9	$0.30	$0.19
10/7	TQQQ	Oct 9 $146 Call	$0.30	10/8	$0.13	-$0.17

Notes

- The first GE trade was attractive as there were positive news points in both the aero engine, and positive energy source businesses. It was sold to help fund the second call shares for KDK Fund.

- The NVDA call was a play on momentum on the stock. It was sold after hitting a stop price.

- The second GE call was even more attractive at that price point. It was sold after hitting a stop price.

- The TQQQ call was a play on momentum that didn't happen. It was sold at a stop price.

KDK Fund

Metrics

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Fuel Cell Energy	Stock	8/3/2020	$1.87	$2.62	37.00%
Fuel Cell Oct $3.00 Call	Option	9/21/2020	-$15.00	-$9.00	40.00%
Fuel Cell Oct $2.50 Call	Option	10/7	-$6.00	>6.00	0.00%

Notes

- Big News. Because of a temporary drop in the share price, sales of other stocks, and some extra funding from RevGen Trading, we were able to buy more shares of Fuel Cell at $1.90. This was 8-10 earlier than planned.

- We decided to sell an Oct $2.50 call on the new shares. If the shares stay above $2.50 at the end of next week, the second batch of shares will be taken away and the trade will end in a 30% profit. If the shares get above $3.00. both batches will be taken away for a 65+% profit.

Charity

- Because of some amazing trading by RevGen Trading, another round of donations is being prepped.

Sunday, October 4, 2020

Week's (Sept 28-Oct 2) Activities (RevGen, KDK Fund, Charity, more)

Here are some activities from the Keane VC Consult universe.

RevGen Trading

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
9/25/20	NIO	Oct 2 $23 Call	$0.07	9/29	$0.19	$0.12

Notes

- Purchased a GE Oct 30 $7.00 call for $0.16.

- Still holding IBIO Oct $5.00 call.

KDK Fund

Metrics

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Fuel Cell Energy	Stock	8/3/2020	$1.90	$2.02	6.32%
Fuel Cell Oct $3.00 Call	Option	9/21/2020	-$15.00	-$4.00	40.00%
Silvergate Bank	Stock	8/5/2020	$13.99	$14.66	4.79%
Kintara Therapeutics	Stock	8/21	$1.21	$1.52	25.62%
Microvision	Stock	9/18	$1.67	$2.03	21.56%

Notes

- There are 2 weeks remaining on the current covered call.

Charity

- The charity made a donation to Center on Halsted. It now joins Shriners Hospitals of Chicago, Northeastern Illinois University, Illinois PPE Network, Karen Beasley Turtle Rescue as recipients of KeaneVCC charities.