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Sunday, March 2, 2008

Mar 03 Option Trades Update

Asian markets tumbled Monday as investors reacted nervously to a steep decline on Wall Street Friday after disappointing economic and corporate news reawakened worries about a U.S. recession. The Nikkei shedded a whopping 610 pts (4.5%). I wrote limited new positions for N225 Apr 9250 Puts for a premium of 25 pts.

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