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Wednesday, December 19, 2007
Dec 19 Option Trades Update
Asian markets are trading mostly up Wed but the Nikkei 225 & STI indices are down. The N225 Feb call options premium decayed further in my favour. (18000 @ 4 pts, 18500 @ 2 pts). I will be looking to square them off soon and ready for new Mar calls positions when the opportunity arises. The Citibank Jan 35 call option is last done at 0.45(sold for 1.4). I will write secondary Feb options soon when opportunity arises to continue to generate monthly income.
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