| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 03/30/2020 | Binck | – Put | 10 | 18.00 |
Notes:
ING lost today 10% because they said they’re going to cancel upcoming dividend. That’s no real surprise.
That said, ING is considered as one of the best banks in Europe, so I don’t expect much risk here.
Moreover, they will have a new CEO soon, so prices will go up.
I decided to go again for a put spread instead of a call, because that due to the protection put margin is half for almost the same win.
I didn’t do a combo because it didn’t go through, so I first sold my put and then purchased my protection.
Closed on 01-09-21 and kept long puts alive for a drop.