Apr 12 Options Trades Update

Due to General Electric’s (GE 32.05, -4.70) massive 2.8% S&P 500 weighting and wide-range of businesses, the market pays attention when it provides a disappointing outlook. Then it should come as no surprise that stocks got clipped on Friday after GE--the second largest U.S. company by market cap behind Exxon Mobil (XOM 88.62, -0.93)--reported earnings that missed estimates and provided a disappointing outlook. I am expecting some -ve impact to Asian markets in the week ahead given the intertwiness of the economies . I am eyeing the N225 May Puts options (10000 & lower) to add to the write positions.