Mar 31 Option Trades Update

Japan's Nikkei benchmark slid 2.3 percent on Monday, finishing the fiscal year with its worst quarterly performance since 2001. In the short term, a slew of key Japanese and U.S. indicators are due out over the next few days, including the Bank of Japan's quarterly "tankan" survey of business sentiment on Tuesday. All of the indicators coming out this week appear likely to point to tough times ahead, so the market may be vulnerable. But then again, markets may already have factored these in. In any case, I am eyeing the N225 May 9000 & 9250 Puts to add to my positions.