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Tuesday, November 6, 2007
Nov 7 Option Trades Update
Asian markets are trading cautiously with most indices up moderately (Wed, 2.10pm). I suspect this might not be sustainable as the afternoon trading sessions unfold but of course I like to be wrong. The Nikkei 225 on the other hand extended its losses further by 1%. As such, the N225 Jan 19500 call options' premium decayed further & was last done at 5 pts (sold for 20 pts)....almost ripe for squaring off.
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