Apr 15 Options Trades Update

Following last night's lackluster performance on Wall Street, Asian markets are trading upwards perhaps due to a technical rebound or that Wall Street Monday's performance was not too bad or as some chartist has indicated, stock markets have found a bottom & are poise to go up from here. Who knows? As option sellers, we don't have to be 100% correct which way the market will go and no one can consistently time the market. For that matter, we can be wrong & still end up make money. Tuesday is poised to be an interesting day as major companies are set to report earnings. In addition, the market will get the latest read on inflation with the release of March's Producer Price Index (PPI). FTSE is trading up some 0.8% as we speak, snapping a 5 session losing run.