Feb 7-13 Activities (RevGen Trading, KDK Fund, Charity)

 This was another wonderful week for KeaneVCC. See below on notes for RevGen Trading, KDK Fund, and KeaneVCC Charity. 

- Next week is the last day for covered call trades. 

- There might be a reallocation of assets and funds next week 

- The next round of charitable distributions is being lined up. 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Feb 1	SNDL	Feb 12 $1.50 Call	$0.25	Feb 9	$0.33	$0.08	32.00%
Feb 9	TLT	Feb 19 $145 Put	$0.14	Feb 12	$0.20	$0.06	42.86%
Feb 12	IBIo	Feb 19 $3 Call	$0.15				Open

Notes

- The SNDL trade was a technical analysis trade that ended with a stop profit. The chart showed the previous spikes to be about 3X from the bottom. This one did something similar. Good trade. 

- The TLT trade was also a technical trade with new resistance being at a lower point. It worked out and the trade was stopped out for a profit.  

- The open IBIO trade is an earnings trade. They release earnings on Tuesday. 

KDK Fund

Expected Long Term Portfolio

Company	Stock Symbol	Date Purchased	Purchase Price
Virgin Galactic	SPCE	1/4/2021	$23.23

- A likely increase in the ELTP (Expected Long Term Portfolio) will be coming in the next couple of weeks as the account is growing.  Equity in Virgin Galactic is still owned. It doubling in price from the purchase price does not change that. 

COVERED CALL

Company	Stock	Share Purchase Price	Call Sold	Call Revenue Per Contract
Ideanomics	IDEX	$3.23	Feb 19 $4.00	$0.48
IBIO	IBIO	$1.32	Feb 19 $2.00	$0.14

-  Both of our covered call trades are entering their final week above the strike price. If they stay above and get assigned after Friday's  close, we will be ready with new trades. If either or both fall below the strike price before Friday's close, we will continue selling call options on these stocks. 

KeaneVCC Charity

- Charitable distributions are scheduled for the week starting 2/21. 

** 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**

Activities for Week Ending Jan 16 (RevGen, KDK Fund, Charity)

We had another wonderful week. RevGen made some profitable trades. KDK Fund had some covered call trades end with varying results. It will be going into the market next week for the next round of covered call trades. The Charity is gearing up for a donation by the end of the week.

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Jan 11	BAC	Jan 15 $ 34.00 Call	$0.18	Jan 12	$0.20	$0.02	11.11%
Jan 12	XLF	Jan 22 $32.50 Call	$0.15	Jan 14	$0.21	$0.06	40.00%
Jan 14	XLF	Jan 15 $32.00 Call	$0.09	Jan 15	$0.00	-$0.09	-100.00%
Jan 15	MS	Jan 22 $32.50 Call	$0.19				Open

Notes

- All 4 trades were momentum trades based on bank earnings. Stop pricing was used. 

KDK Fund

- Covered Call trades in Microvision and IBIO ended. The Microvision shares were assigned. We will use the funds available and find a new trade. We still own the IBIO shares and will continue selling call options on those shares.

- Making more covered call trades next week 

- Virgin Galactic received some attention from Ark Investments this week. 

- Likely adding non covered call equity to the fund next week

KeaneVCC Charity

- Donations will likely be going out this week. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like research done on a stock you own or are thinking about buying, email at keanevcc@gmail.com **

 

Week Ending Jan 9th Activities (RevGen, KDK Fund, Charity, more)

 The week's notes are below. 

RevGen Trading

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
Jan 4	SQQQ	Jan 8 $16.40 Call	$0.27	Jan 4	$0.50	$0.23	85.19%
Jan 5	WKHS	Jan 8 $23.50 Call	$0.39	Jan 6	$0.33	-$0.06	-15.38%
Jan 6	MS	Jan 8 $75.00	$0.40	Jan 6	$1.10	$0.70	175.00%
Jan 7	NVDA	Jan 8 $560 Call	$0.29	Jan 8	$0.11	-$0.18	-62.07%

Notes

- The SQQQ trade was a momentum trade that was sold at a stop price. 

- The WKHS trade was a momentum trade that was whipsawed and hit a stop price

- The MS trade was a breakout trade that hit a stop price. It was not expected to be a day trade. 

- The NVDA trade was a momentum trade that hit a stop price. We incorrectly thought the 2 days left of trading left when the trade was started. Always have your plan out of your heads and onto a spreadsheet or paper before executing!  

KDK Fund

- We purchased more shares of IBIO at a price of $1.19 and sold a Feb $2.00 call option for $0.11. This continues to build the covered call portfolio. Average price before selling calls is now $1.32. 

- We purchased a share of Virgin Galactic at a price of $23.21. We have no plan to sell.   

KeaneVCC Charity

- We will make our next charity donation mid to late next week. Work from RevGen and KDK Fund have done great. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like research done on a stock you own or are thinking about buying, email at keanevcc@gmail.com **

Starting Year Off Right RevGen Style (Morgan Stanley and Nasdaq Bear ETF SQQQ)

Today we were able to close a Morgan Stanley Jan 8th $71 call trade ($0.16 or 61% profit) and day trade the Nasdaq bearish SQQQ Jan 8th $16.50 put trade for ($0.23 or 85% profit). Both trades used stop trailing stop pricing. Profits will be allocated to taxes, charity, investors, and back into the account. 

Grateful.

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like research done on a stock you own or are thinking about buying, email at keanevcc@gmail.com **

Nov 9-13 Weekly Activities (RevGen, KDK Fund, Charity Donations, more)

 Here are some activities that happened within KeaneVCC

RevGen Trading

Date Entry	Security	Type	Cost	Date Sold	Amount Received	Per Contract / Share Result
11/5/20	MS	Nov 13 $55.00 Call	$0.24	11/9	$1.48	$1.24
11/5/20	IAU	Nov 13 $18.5 Call	$0.16	11/13	$0.00	-$0.16
11/10	JBLU	Nov 20 $16.00 Call	$0.38	11/11	$0.11	-$0.27
11/10	PLTR	Nov 20 $20.00 Call	0.35	11/12	0.6	$0.25
11/12	PLTR	Nov 20 $23.00 Call	0.29	11/13	0.05	-$0.24

Notes

- The first MS trade made the week with a 400% gain. The IAU gold trade was going strong and had a big drop. The rest was likely overtrading, especially the second Palantir (earnings) trade.

KDK Fund 

Security/ Project	Type	Date of Purchase/Sale	Cost of Investment	EOW Value	Return %
Microvision	Stock	10/30/2020	$1.73	$1.83	5.78%
Microvision Nov $2.00 Call	Option	10/30/2020	-$15.00	-$10.00	33.33%

Notes

- We sold our holding in ETF BLOK as we are close to making another covered call purchase. But we will be back .

- The call value is now on an increasing down trajectory as the price of Microvision stays below $2.00. 

- Research into new covered call options in Microvision, FuelCell, and IBIO are being vetted.

Charity

- Donations to Northeastern Illinois University and The Karen Beasley Sea Turtle Rescue and Rehab Center were made this week. 

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

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.  

** 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**