The first real Calendar Spread has not worked out and I have closed it today at a loss. The drop in the DAX index has been too strong in order to be compensated with an increment in the Volatility and the time decay of the sold option.
 |
| DAX 30 on October 9th 2018. Source Investing |
Therefore, as it pretty much happened last year, I am back to square 0 with only three months remaining this year.
Trade Status
After closing the spread, I booked a loss of 348,60€. With that, the account shows a loss of 0,43% this year. By comparison the DAX 30 index is down 7,8% in the same period of time.
-->
All the trade details can be found here.
Portfolio
The sold Put Option in the IBEX 35 index, part of the Systematic Put Writing, will be rolled at the end of next week and right now it is in the money.
Regarding the DAX index, I might open a Put Spread if it drops a bit more. I don´t want to rush in since it might be breaking some relevant support levels.
See also
No comments:
Post a Comment