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Tuesday, May 20, 2008

May 21 Options Writing Trades Update

Wall street's gains in the recent weeks came to a screeching halt Tueday due perhaps to record high oil prices & inflation worries. The Japan Nikkei is down some 270 pts & went back to the sub 13000 levels as we speak. I wrote the N225 Aug 9750 put options for 20 pts.

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