Last Friday was January Option Expiration day and it is time to review the movements done following our strategy.
|IBEX 35 on January 17th 2020. Source Investing|
Sideways month for the IBEX 35 index, which ended pretty much where it started. The index gained 5 points this month (or around 0,05%).
As I had sold a January 9600 PUT, for 103,35€, I keep all premium and book a gain of 1,07%.
Considering this, since its inception, the Put Write Strategy is at +4,6%. During the same period, IBEX 35 gained +1.5%.
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).
So, considering this seventeenth month, this is the comparison between the strategy and the IBEX 35 index:
Regarding February, I sold a 9600 PUT for 136,35€,
No other position is open right now.