AugusMax
04-18

$ASML Holding NV(ASML)$ Sold a cash secured Put for the European listed shares.

It was for a May 17th expiry at a €770 strike and was sold whilst ASML was trading at €848.60.

I took in a premium of €7.70 for the trade and paid €1.10 commission - leaving me a cost-basis, if assigned, of €762.31 - or 10.6% below the closing price on the european market today.

If unassigned, it's a 1% return on capital at risk in 30 days - or 12% annualized (in addition to the 3.4% earned on the euros on account to purchase the shares if assigned).

Over 15% annualized if unassigned or an opportunity to purchase at 10.6% lower prices than present - I'll take either option happily.

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