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Friday, October 19, 2007

Oct 19 Options Trades Update

Asian markets traded lower Friday 19. The Nikkei index shedded some 1.71% today. The N225 Dec Naked Call options plays are doing just fine. Even the ones that were opened just yesterday, their premiums have decayed by approxmately 50%. I am starting to look at the January call options but will only sell on up days & on volatlity. UK market is trading moderately lower as we speak. US futures are pointing to a possible lower opening on Friday 19.

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