Friday, 15 November 2019

Systematic Put Write - November 2019


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

IBEX 35 on November 15th 2019. Source Investing

Sideways month for the IBEX 35 which ends with a little decline of 68 points (or -0,71%).

For November I had sold a 9300 PUT, for 136,35€. After buying it back, a profit of  97,35€ remains (or + 1.01%).

Considering this, since its inception, the Put Write Strategy is at +1.8%.

Movements and results so far

I started on August 22nd 2018 selling a 9500 September 2018 Put with the IBEX at 9540. This value will be used as base value from now on. These are the last twelve months (complete records can be found here).

OptionSpotPremiumProfit/LossSpot Closed
16/11/2018Ibex 9100 Dec 2018 Put9056182,35€-366,85€8550
21/12/2018Ibex 8600 Jan 2019 Put8550226,35€226,35€9078
18/01/2019Ibex 9000 Feb 2019 Put9078146,35€146,35€9130
15/02/2019Ibex 9100 Mar 2019 Put9130123,35€123,35€9330
15/03/2019Ibex 9300 Apr 2019 Put9330167,35€167,35€9581
18/04/2019Ibex 9500 May 2019 Put9581109,35€-135,75€9256
17/05/2019Ibex 9300 Jun 2019 Put9256187,35€127,35€9227
21/06/2019Ibex 9300 Jul 2019 Put9227164,35€164,35€9170
19/07/2019Ibex 9200 Aug 2019 Put9170144,35€-390,65€8635
20/09/2019Ibex 8600 Sept 2019 Put9170202,35€202,35€9178
18/10/2019Ibex 9100 Oct 2019 Put9178125,35€125,35€9345
15/11/2019Ibex 9300 Nov 2019 Put9345136,35€97,35€9261
20/12/2019Ibex 9300 Dec 2019 Put9345161,35€????

So, considering this sixteen month, this is the comparison between the strategy and the IBEX 35 index:

Regarding December, I have sold  a 9300 PUT for 161,35€

BasePut-write valueTotal PremiumBreak-even


No other position is open right now.


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