Systematic Put Write - March 2019

Summary

Yesterday was March Option Expiration day and it is time to review the movements done following our strategy.

Ibex 35 on March 15th. Source Investing

After a very quiet month, today´s gains make the March future close at 9330 points, gaining 200 points this month (or + 2,19%).

As this value is above the strike price of the sold option (which was 9100) I get to keep all the credit initially received (+ 123,35 €).

Considering this, since its inception, the Put Write Strategy is at -0,6%.

Systematic Put Write - February 2019

Summary

Today is February Option Expiration day and it is time to review the movements done following our strategy.

IBEX 35 on February 15th 2019. Source Investing.

Despite today's gains, and after closing at 9130 points, the monthly gains in the index is just 52 points more (or + 0,57%) than the previous month.

As this value is above the strike price of the sold option (which was 9000) I get to keep all the credit initially received (+ 146,35 €).

Considering this, since its inception, the Put Write Strategy is at -1,6%.

Closed: ODAX February 2019 Call Spread

Summary

Yesterday I closed the ODAX 11350 - 11400 Debit Put Spread, which was opened before Christmas in order to protect the former Call Spread deployed for January against a market rebound.

DAX 30 on February 6th 2019. Source Investing

This trade worked fine in its original task and I was aiming to make more profit if the market kept rising. However, with only nine days left, I chose to close it near break even.

Systematic Put Write - January 2019

Summary

Today is January Option Expiration day and it is time to review the movements done following our strategy.

IBEX 35 on January 18th 2019. Source Investing

Strong gains this month in the IBEX 35 January Future which closed at 9078 points, that is 526 points more (or + 6,18%) than the previous month.

As this value is above the strike price of the sold option (which was 8600) I get to keep all the credit initially received (+ 226,35 €).

Considering this, since its inception, the Put Write Strategy is at -3,1%.

Closed: ODAX January 2019 Call Spread

Summary

Today is January options expiration day and the 11400 - 11800 Call Spread expires yielding its maximum possible profit.

DAX 30 on January 18th 2019. Source Investing

Nice comeback from last Christmas lows however, it comes too late to affect this trade negatively. Now it is time to evaluate the situation but probably I will wait for new drops in the index to open new trades.

Closed: ODAX January 2019 Put Spread

Summary

This morning I have closed the trade at around 93% of the maximum possible profit with still 10 days before the expiration date.

DAX 30 on January 8th 2019. Source Investing

We are in a bearish setup, so it makes sense to me to eliminate some downside risk and wait for a new drop in order to deploy a new Put Spread using February options.

Systematic Put Write - December 2018

Summary

Yesterday was December Option Expiration day and it is time to review the movements done following our strategy.

IBEX 35 on Dec 21st 2018. Source Investing

Sharp decline in the IBEX 35 December Future which closed at 8550 points, that is 506 points less (or -5,58%) than the previous month. This drop overwhelms the credit received for the short 9100 Put Option and results in a loss of 366,85€ this month.

Considering this, the Put Write Strategy is now at -5,8%.