Position Adjusted: ODAX November 2018 Put Spead

Summary

Well, it seems that the timing was bad again and the drop in the DAX has forced me to adjust the trade when the short option reached 30 delta.

DAX 30 on October 26th 2018 Source Investing

I have redeployed the Spread to 10500 - 10100, however even if I get all the credit for this new spread, the trade will be a loser this month.

Trade details

Type	Name	Open Date	DTE	Spot	Max Win	Max Loss	Result
Put Spread	ODAX Nov 2018 10900 - 10500	16/10/2018	31	11650	143,20 €	1.856,80 €	-328,60 €
Put Spread	ODAX Nov 2018 10500 - 10100	26/10/2018	22	11150	168,20 €	1.831,80 €	?

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 three weeks and right now it is in the money.

See also

• Opened: ODAX November 2018 Put Spread
• Systematic Put Write - September 2018
• 2018 Trades (so far)
• 2017 Track Record