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Wednesday, December 12, 2007

Dec 13 Option Trades Update

The Nikkei 225 index decline further Thu & the Feb call options' premium decayed further. Nothing much to do but to wait..... Yes, my kind of trading is that boring. As for the Citibank covered call (Jan $35), looks like I might get to write secondary call options for Feb as it last traded at 31.47. We shall see....

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