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Wednesday, July 9, 2008

Jul 10 Options Writing Trades Update

The benchmark Nikkei added 15.08 points Thursday to end at 13,067.21 despite the major sell off on Wall Street Wednesday. I added the N225 Sep 9500 Put options for 20 pts to the positions. The N225 Oct 16000 Call Option remains attractive & I am looking to add more to the positions on volatilty for Oct's income set up.

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