by Michael Keane
Here are some updates on what the company is doing. The year continues to go well. Assets under KDK Fund are growing. Trading operations and strategy for KDK Options continue to evolve and improve. Work with Bullied Comics is developing nicely. Readership on blog posts for all entities continue to grow. If your company is looking for research to be done or analysis on a current project, let us know at keanevcc@gmail.com and we will get to work!
KDK Fund
More shares of Ford continue to be bought. Purchases were made in June (here) and July (here). There was a shift in management to bring about more value to shareholders. The plan to start the call selling program is still on track to start later this year. The effect on reinvested dividends on future dividends continues to be strong.
KDK Options
Spread trades have begun to dominate the strategy for KDK Options. Many successes have occurred lately due to the focus on spread trades. In the summer quarter alone, successful spread trades in the Japanese Yen ETF FXY (post here), Ford (post here), and BAC (post here) have occurred. There is a current spread trade with Bank of America (link here) going on now. Not one trade executed this quarter resulted in a loss. But this is not to be the expectation :).
KeaneVCC
Work with Bullied Comics continues. Areas of work include content development including its YouTube channel (search bullied comics), product development and media communication. Some recent blog posts from KeaneVCC (link here) include topics such as Self Serving Bias, and donations to both Shriners Chicago Hospital and Northeastern Illinois University.
