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. 

** 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**