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Friday, August 29, 2008

Aug 29 Options Writing Trades Update

The Nikkei rose 3.2 percent on the week but slid 2.3 percent for the month, its third consecutive month in negative territory after surprisingly strong U.S. GDP data temporarily eased fears about its economic health. My biasness of the market is still one of sluggish to bearish undertone. I will start to write the Dec options next week or so on volatility.

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