This was another wonderful week for KeaneVCC. See below on notes for RevGen Trading, KDK Fund, and KeaneVCC Charity.
RevGen Trading
| Date Entry | Security | Option | Cost | Date Sold | Amount Received
| Per Contract Result | % result |
| Feb 13 | IBIO | Feb 19 $3 Call | $0.15 | Feb 19 | $0.00 | -$0.15 | -100.00% |
- Not much rolling this week. Saw an opportunity for IBIO with earnings and it didn't pan out.
KDK Fund
Expected Long Term Portfolio
| Company | Stock Symbol | Date Purchased | Purchase Price | Current Price |
| Virgin Galactic | SPCE | 1/4/2021 | $23.23 | $51.19 |
| Palantir | PLTR | 2/19/2021 | $28.53 | $29.00 |
- We were able to increase the portfolio and purchase equity in Palantir. Through its products, service, and leadership, we believe that Palantir has the necessary tools to improve human existence. We expect to hold onto this stake for the foreseeable future.
CC Portfolio
| Company | Stock | Current Share Cost Basis | Call Sold | Call Revenue Per Contract |
| Ideanomics | IDEX | $3.23 | Mar 19 $4.50 | $0.53 |
| IBIO | IBIO | $1.32 | Feb 19 $2.00 | $0.14 |
- We bought back the Feb 19 IDEX $4.00 call for $0.01 per contract. The March 19 $4.50 call options were sold for $0.53. This was done to keep the shares and to capitalize on the call value before it was lost over the weekend (time value). This is an increase in the strike price and an increase in the value of the call price sold.
- The IBIO shares ended the week at $1.99. The calls expired. We will be going into the market and selling more call options in the coming days. The calls will be at an increased strike price (2.50 +) depending on the stock's activity.
KeaneVCC Charity
- Because of the past activity from RevGen Trading and KDK Fund, the charity was able to make a donation to Northeastern Illinois University's College of Business.
** 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**
