Aug 18 Options Writing Trades Update

The benchmark Nikkei came off its high of 13270 to end at 13,165 (gained 1.1%)Monday, after losing 1.1 percent last week. I added additional N225 Nov 15500 Call Options for 25 pts. Word on the Street is “sell commodities and buy technology” and that may what we will be seeing in the short to mid term I am guessing. However, oil prices shot up on Monday & may pose some headwinds there for equities. The mid term fundamentals remains bearish to sluggish in my opinion.