| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 05/02/2017 | Binck | + Put | 8 | 16.00 |
Notes:
Purchased very low strike protection puts. The margin reduction is really small, but as I need little protection I prefer to pay less. Earning starts at strike 497 with a potential of €3896. Ideally should purchase additional puts to reduce margin once premiums go down.