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08/10/2017Binck+ Put916.20


Protection puts for August W3. They are at a lower strike due to dip and I will need to buy next week extra at higher strike.
Right now max loss is €25 at strike 490. Earning starts at strike 515 (and spot on Friday was 516,97) and potential is €1659 starting at strike 520.
I will need to purchase additional protection and have to be careful for Tuesday as it is the day North Korea could decide to fire missiles to Guam.