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Friday, August 1, 2008

Aug 1 Options Writing Trades Update

The Nikkei average fell 2.1 percent to hit a two-week closing low on Friday, dragged down by financials after two of Japan's largest banks posted sharp falls in core profitability, hurt by the downturn in global markets and a weakening domestic economy. The Aug's options expires 8 Aug , next Friday(Bejing Olympics). I don't foresee any issues & they should all expire worthless to close out yet another successful income generating month.

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