Option Expiration: November 2019

In november I basically closed my positions expiring in November early. As a result increasing stock prices in November I decided to buyback my November positions to realize the profit.

I also already closed a few positions expiring in December also to realize the profit. As a result of closing 6 positions I realized a total profit of €1.773,50. My total realized profit from writing options this year is now €2.656,10.

The 6 closed positions in November:

  • Closed 4x AGN P4.00 20DEC19 – €101,20 profit

    I opened this position in may for €35 per contract and now closed this position for €8 per contract.
  • Closed 10x AGN P3.90 15NOV19 – €123,00 profit

    This position was opened previous month against €17 per contract. I closed this position at €3 per contract.
  • Closed 2x ING P9.80 15NOV19 – €52,40 profit

    In October I rolled this position to November as it was in the money. On average I received €36 per contract and I closed this position against €4 per contract.
  • Closed 4x ING P9.00 19JUN20 – €433,20 profit

    I decided to close this position and not wait 8 more months for a few more percent of profit. I opened this position in December 2018 against €143 per contract and this month I closed the entire position against €33 per contract.
  • Closed 7x ING P11.00 20DEC19 – €618,10 profit

    This position I had for a long time marked as tricky, because it was deep in the money, because the shareprice of ING dropped from around €12 to €8 in August.

    Now the stock price of ING surged to well around €10,50, I decided to close this position.

    In September 2018 I started this position against €140 per contract and this month I closed the entire position against €50 per contract. I’m happy to take this profit and clos the position.
  • Closed 2x RD P25.00 20DEC19 – €445,60 profit

    This position I opened last year in November against an average price of €242,50 per contract. I closed this position this month against €18 per contract.

    I decided to buy back this december position as Shell had an ex-dividend planned on 14 november also and I don’t want this position in December to get into reroll zone.

I had a busy month this week in monitoring my option positions and closed many positions resulting in a record amount of realized profit which are all already invested into quality dividend stocks.

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