Apr 25 Options Trades Update

Japan's Nikkei benchmark rose 2.4 percent to hit a two-month closing high on Friday. This is after Wall Street's see-saw performance on Thu which saw selling pressure initially keeping the stock market in negative territory for the majority of the morning, but sentiment turned positive when buyers returned to the fold to lift stocks into the green for a healthy gain. I wrote additional but limited N225 Jul 16500 Call Options for 25 pts. The covered calls plays which I wrote for May against UBS, HPQ, C appears that they will turn out alright....since this strategy works for sideways to up market conditions & this appears to be what the market is exhibiting right now.