Select Page
03/05/2020Binck– Put3054.00


Ok, so again markets well in red and my shares lost about 4%.
I had a look for the Renault strategy and found out this is actually very interesting with ING for 2023 as I expect it to go back to at least €11.
So I sold 30 puts at 20 and bought 30 puts at 8.
My risk is limited to about €1400 and I received €43500 for it. As the strike is €20, I don’t expect to keep it all, but compared to the very limited risk, that’s awesome potential. I might actually double it. I basically park €1,400 for a couple of years with huge potential.

Closed on 01-09-21 and kept long puts alive for a drop.