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Tuesday, February 19, 2008

Feb 19 Option Trades Update

Asian stocks were bullish today. US futures are pointing to a significantly higher start today. The premiums on the N225 options remained unchanged today with the modest 0.9% upside on the Nikkei. If the premiums on the May 16500 calls goes back up to 20 pts-25 pts this week, I might pick up some more contracts & it will only do so if the Nikkei surges significantly higher. I also have my eyes on the April puts should the Nikkei do an about turn & goes south.

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