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Friday, August 24, 2007

Aug 24 Options Trades Update

The N225 Nov & Dec Call Options are decaying nicely in my favour. US market is moderately up as we speak. ACH & STLD up some 11% & 2.87% respectively have recovered strongly due to strong rebound in the sector and are trading above their purchase price for the covered call trades. At this rate, I will be called out on Sep 21 expiration.

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