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Tuesday, October 16, 2007

Oct 16 Option Trades Update

Asian markets fell sharply today taking its cue from the US market last night which saw poorer corporate earnings, oil price & renewed worries about credit, rattled investors. The N225 Dec Call Options positions are playing out just fine. I am looking to open a few more new positions if situations improves this few days if the rest of corporate earnings come in strong & turn the situation around. ...provided of course the premiums still look attractive. We shall see.

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