Oct 26-30 Activities

 The following activities happened last week. 

RevGen

Metrics

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
10/26/20	SQQQ	Oct 23 $25.00 Call	$0.21	10/26	$0.31	$0.10
10/26/20	XLF	Oct 23 $24.00 Put	$0.13	10/27	$0.15	$0.02
10/19	XLF	Oct 23 $24.00 Put	$0.09	10/22	$0.04	-$0.05
10/27	MVIS	Nov 20 $3.00 Call	0.32	10/30	0.05	-$0.27
10/28	TLT	Nov 6 $172 Call	0.11	10/30	0.06	-$0.05
10/30	INO	Nov 6 $12.50 Call	0.09	10/30	0.11	$0.02

Notes

- The SQQQ trade was a spec trade on the heavy down open on the 26th. The stop profit price was hit and sold

- Both XLF trades were technical spec trades. Both were not held long enough. Sometimes the risk level is not high enough in our trading. Profit was lost. 

- MVIS was a spec trade on earnings. It lost 

- The TLT trade was an over trading mistake and sold. 

- The INO trade was an overtrade as well and lucky to have a profit. 

KDK Fund

Metrics

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Microvision	Stock	10/30/2020	$1.73	$1.73	0.00%
Microvision Nov $2.00 Call	Option	10/30/2020	-$15.00	-$16.00	-6.67%
BLOK	ETF	10/15	$25.45	$24.88	-2.24%

Notes

- We sold our position in Fuel Cell as we see an opportunity in Microvision. The sale of Fuel Cell was at $2.01, resulting in a profit of $0.21 per share. 

- We purchased shares in Microvision for $1.73 and sold calls against a portion of those shares for $0.15 per contract. We believe that Microvision is a likely takeover candidate. 

Covered Call List

- The Nov 2 Dow Component Covered Call List can be found here.  

- Any calls sold in the Oct 26th list (link here) would have expired for a full profit. 

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