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Tuesday, October 2, 2007
Oct 2 Option Trades Update
With the strong rally in the US market last night, being 1st day of trading for the new quarter, Asian markets followed suit today as we speak. I wrote some N225 Dec 20000 Call Options for 15 pts. ACH went up by some 5% plus to $73.90. At this rate, my ACH Oct call options(60s & 65s) look likely to be called out as long as ACH remains above $65 come expiry day(Oct 19).
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