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06/28/2017Binck– Call714.00


Following the Google dip the AEX went down till 513. While I expect a rise by Friday, I don’t think we’ll get to 520, less higher than that. Therefore I go for a big call spread with strikes 518 and 524. The advantages are that I loose less under strike 515 and win more between 515 and 519. The downside is that I earn less from strike 520, but as explained, that’s ok.