Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
---|---|---|---|---|---|---|---|
12/16/2020 | Binck | + Put | 60 | 108.00 |
Notes:
ING is hovering around €8,10 and I expect it to go above €10 when they start giving dividends next year.
I originally wanted to close it all now and take +11K profit and reopen, but it seems to have a big impact on my margin.
I decided to make a new put spread 20/9 which has a negative impact under €10 but a positive above it.
I might keep this one longer till ING get to €13 or more. The impact of it is extremely low on my margin, so I easy can hold it for one or two more years.
I took a put at €9 to give me extra protection for 2021.