| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 07/31/2020 | Binck | + Call | 5 | 9.00 |
Notes:
Of course, as expected, markets are back in green with AEX above 555.
I had a little bit of time at 9am where it was at 551. I could have closed there my call spread and earn over €1K, but on the other hand, wasn’t really sure yet which direction it will take.
Now that I see it goes above 1% I decided to close it. I end my day normally with a €216 gain.
Yield of 1,73% and cap yield of 0.22%
It’s a shame knowing I could earn over €1K if I did nothing, but it was a good exercice in using additional spreads to still end with a win.
Also, I learned from it that volatility has more impact on call yield than puts; and that’s interesting.