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.

Trade Status

After closing the spread, I booked a gain of 16,40€. With that, the account shows a gain of 0.1% this year.
By comparison the DAX 30 index is up 7,45% in the same period of time.

Type	Name	Open Date	DTE	Spot	Result
Call Spread	ODAX Feb 2019 11350/11400	17/12/2018	60	10865	16,40 €

All the trade details can be found here.

Portfolio

The sold February Put Option in the IBEX 35 index, part of the Systematic Put Writing, will be rolled next week and it is currently out of the money.

See also

• Systematic Put Write - January 2019
• 2019 Trades (so far)
• 2018 Track Record
• 2017 Track Record