Apr 9 Option Trades Update

Wall Street retreated modestly Tuesday after aluminum producer Alcoa Inc. and chip maker Advanced Micro Devices Inc. issued disappointing reports and the Federal Reserve voiced concerns about the slumping economy. Asian markets on Wednesday are following suit & trading in mainly negative territories albeit modest declines. The Nikkei benchmark is down by some 1.6% as we speak. I wrote limited N225 May 10000 Puts for 15 pts. Tommorrow is expiration day for the April N225 options freeing up capital for July's Call & June's Put options set up.