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Thursday, October 4, 2007

Oct 5 Option Trades Update


Market has been trading sideways mostly these few days but generally still maintaining a gradual uptrend. The Nikkei 225 options writing positions are currently trading against me. i.e Premium is higher than what I sold them for. Good thing is that I am conservative with the number of open positions & am ready to roll to next months options if necessary. On the other hand, ER2 put positions are decaying slowly but nicely.

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