March 2019 – Option positions

A short note on my options trading. This month I also took some option positions and this time a bit farther away into the future. Since I have time and no rush. In the meantime I am learning and reading up on options. This is a very slow process for me so no new part in the ‘what are options’ series. It’s a work in progress.

I also noticed my options table is a far cry from readable on smaller screens, and less bigger ones. So I am currently in the process of making this table more readable and understandable as well. Maybe it’s needs to be in a totally different format. I am aiming to get this in order with the next update.

Strategy wise nothing has really changed. I only incorporated a part of my savings as a buffer, which is more a state of mind really than anything else. I have not yet need to transfer any money from my savings into my investment account. I have added 1/3 of my savings towards my options portfolio , just in case.

I know this is more of an active approach towards portfolio management and something I don’t do with the vast majority of my portfolio. But this has turned out into a nice hobby and one I can do at my own pace , when I feel good and are up for it. All qualities in an activity which I need.

So for next time I hope having my new overview sorted. I a way people understand it and it’s readable. Until next time !

January 2019 – Option positions

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 openOption QuantityPriceTotal amountBuy / Sell End dateTransaction costs
Open/ClosedResult
03-01-2019Ahold Delhaize Put 19.00 18 January 201914,004,00Sell18-01-20190,85Closed3,15
18-12-2108Bam Put 2.20 18 January 201915,005,00Sell18-01-20190,85Closed4,15
5-12-2018Philips Put 29.00 18 January 2019 113,0013,00Sell18-01-20190,85Closed12,15
04-01-2019Aegon Call 4,50 15 March 2019210,0020,00Sell15-03-20191,7Open
07-01-2019BAM Call 3,00 15 March 2019210,0020,00Sell15-03-20191,7Open
22-01-2019Philips Put 24,00 15 March 201917,007,00Sell15-03-20190,85Open
30-01-2019Philips Put 30,00 15 March 2019120,0020,00Sell15-03-20190,85Open