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Date Account Action Shares Price Cost Earnings P&L
09/08/2017 Binck + Put 5 9.00

Notes:

Protection puts for September W3. While it’s a bit pricey I prefer reducing my risk before the North Korean “independence day” tomorrow.
Max loss is now €23,811 at strikes 470 to 480. Winning starts at strike 495 with a potential of €4,189 from strike 515.