| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 06/28/2017 | Binck | – Call | 7 | 14.00 |
Notes:
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.