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Wednesday, September 17, 2008

Sep 18 Options Writing Trades Update

It was another nightmare on Wall Street last night as the stock market took another nosedive Wednesday with the American banking system appeared even shakier and investors worried that the financial crisis is spinning so far out of control that even government rescues can't stop it. Asian markets continue their plunge Thursday. I cut the N225 Oct 10000 puts & wrote the 9000 puts. This is not suitable for everyone.

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