What an amazing week! The growth happening during a tough price week is fantastic.
- This week we made the mistake of using funds from one business to take an unnecessary risk in another. It did not end well. In response to this, we have improved our revenue mapping to better funnel funds to the correct businesses. We all have biases and blind spots. Acknowledging them and protecting against them can only improve life.
RevGen Trading
| Date Entry | Security | Option | Cost | Date Sold | Amount Received
| Per Contract Result | % result |
| Feb 26 | AMD | Mar 5 $90 Call | $0.44 | Mar 3 | $0.04 | -$0.40 | -90.91% |
| Mar 3 | BAC | Mar 12 $38 Call | $0.22 | Mar 4 | $0.24 | $0.02 | 9.09% |
| Mar 4 | BAC | Mar 12 $37.50 Call | $0.38 | Mar 5 | $0.59 | $0.21 | 55.26% |
| Mar 5 | BAC | Mar 12 $37.50 Call | $0.29 | Open | | | |
- The AMD loss was greater than normal due to greed. Learning trade. - The BAC profit trades have followed a pattern. We are expecting the current trade to create more profit next week.
KDK Fund
Expected Long Term Portfolio
| Company | Stock Symbol | Date Purchased | Purchase Price | Current Price |
| Virgin Galactic | SPCE | 1/4/2021 | $23.23 | $27.29 |
| Palantir | PLTR | 2/19/2021 | $28.53 | $23.95 |
- The Chairman of Virgin Galactic has sold his personal shares for another investment. That, combined with the tech market drive down, accounted for Virgin's price decline. That said, we believe that when funds become available, we will gladly jump in at this level. The company still has strong leadership, a good revenue stream, and a plan for growth.
Covered Call
| Company | Stock | Current Share Cost Basis | Call Sold | Call Revenue Per Contract | Current Call Price | P/L per Contract |
| Ideanomics | IDEX | $3.23 | Mar 19 $4.50 | $0.53 | $0.20 | $0.33 |
| IBIO | IBIO | $1.41 | Mar 19 $2.50 | $0.22 | $0.04 | $0.18 |
| IBIO | IBIO | $1.41 | Mar 19 #2.00 | $0.10 | $0.10 | $0.00 |
- The tech downturn hit both holdings. We were able to use funds from the previous months' cc revenue to purchase another amount of IBIO shares and sell a March $2.00 call option. Sometimes the market wants you to have more ;).
Charity
- We are looking at having another fantastic distribution the week of March 21st.
** 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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