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Thursday, September 6, 2007

Sep 6 Options Trades Update



I squared off the N225 Nov 20000 call options at 6 pts yesterday. Nothing exciting this period. I may be looking to write more N225 Nov & Dec call options on volatility. ACH & STLD are holding up well & above their original purchase price. The covered call positions have a high likelyhood of being called out. If not, secondary calls will be written as per normal.

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