New Position: ODAX December 2018 Put Spread

Summary

Last Friday, with the DAX 30 index at 11.160 points, I opened a 10.500 - 10.100 Put Spread for the December expiration cycle (28 days to go).

DAX 30 on November 23rd 2018. Source Investing

Four trading weeks to go and an Implicit Volatility of around 19%. I will adjust the trade if the short option reaches 30 delta.

Trade details

Type	Name	Open Date	DTE	Spot	Max Win	Max Loss
Put Spread	ODAX Dec 2018 10500 - 10100	23/11/2018	28	11160	158,20 €	1841,90€

You can see all the trade details here.

Portfolio

The sold Put Option in the IBEX 35 index, part of the Systematic Put Writing, will be rolled in four weeks and right now it is in the money.

See also

• Systematic Put Writing - November 2018
• Closed: November 2018 Put Spread
• 2018 Trades (so far)
• 2017 Track Record