Blog Archive

Tuesday, June 17, 2008

Jun 17 Options Writing Trades Update

Japan's Nikkei stock average traded in a tight range & ended flat on Tuesday after the sharp gains from previous session. I wrote additional but limited Sep 17500 call options for 25 pts in the morning. However, from the afternoon session, the Sep futures are trading relatively strongly up perhaps taking its cue from the US & UK futures. It appears that the Nikkei will be positive bias this week presenting more opportunity to write the Sep 17500/18000 call options. We shall see.

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