This year I am planning on learning more about options. In another series on this blog I keep track of my knowledge and in this series I will share my option positions. Mainly because a lot of information is about the theory behind options and calculation examples. Apparently not many actually share the practical side of things, the doing part.
And although theory and calculations are the basis behind it all, it all tends too favor the profit side of things. A lot of examples explain in detail where the profit in the position comes from. The part about the losses and risks is generally just a sentence long. Also the supposed profit margins are always pretty fat. While I enjoy reading about theory and supposed succes. I feel like I am learning a lot more when I am reading about mistakes. And how people adjust and learn from them.
With that in mind I am logging all my option positions each month and what happend with them. The strategy is basic , I am only writing covered calls and puts. I am writing puts on stocks I am planning on buying anyway and write calls on stocks I have in my portfolio. No complicated scenarios as of yet.
It’s a bit of an experiment and I will probably adjust the format of this article series in the future but for now I will make due with this table.
|Date position open||Option||Quantity||Price||Total amount||Buy / Sell||End date||Transaction costs||Open/Closed||Result|
|03-01-2019||Ahold Delhaize Put 19.00 18 January 2019||1||4,00||4,00||Sell||18-01-2019||0,85||Closed||3,15|
|18-12-2108||Bam Put 2.20 18 January 2019||1||5,00||5,00||Sell||18-01-2019||0,85||Closed||4,15|
|5-12-2018||Philips Put 29.00 18 January 2019||1||13,00||13,00||Sell||18-01-2019||0,85||Closed||12,15|
|04-01-2019||Aegon Call 4,50 15 March 2019||2||10,00||20,00||Sell||15-03-2019||1,7||Open|
|07-01-2019||BAM Call 3,00 15 March 2019||2||10,00||20,00||Sell||15-03-2019||1,7||Open|
|22-01-2019||Philips Put 24,00 15 March 2019||1||7,00||7,00||Sell||15-03-2019||0,85||Open|
|30-01-2019||Philips Put 30,00 15 March 2019||1||20,00||20,00||Sell||15-03-2019||0,85||Open|