Dec 25 Option Trades Update

Merry Christmas!! The US stock market opened last night with an upbeat tone and retained it through its early close at 1:00 ET. There were little news to prompt the gains which are best ascribed to seasonal factors. The Tokyo market had a full-day session on Tuesday, while most Asian markets, including Hong Kong and Singapore, were closed. The benchmark Nikkei average ended the day up 1.9 percent or 295.59 points at 15,552.59, the highest close since Dec. 12. I am sitting tight here till next year before taking on any new Mar Call options positions.