| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 02/10/2021 | Binck | + Call | 5 | 9.00 |
Notes:
Galapagos lost 18% today because they have to stop a product. While it is bad for the company, it’s been a very long time that it’s stock was so low.
I decided to take a gamble and made a credit call spread for FEB 19.
If it ends above €82 I earn and can go up to €4,4K (almost 800% gain). I it ends below I lose max €568.
While the odds may be against me I find it an interesting “gamble”.