Jun 3 Options Writing Trades Update

Credit worries rattle world markets again with negative news against several high profile financial company. As expected, Asian market is a sea of red Tuesday following overnight losses on Wall Street. The Japan's Nikkei stock average dropped 1.6 percent. The dollar fell as much as around 0.4 percent to 103.98 yen, with the Japanese currency adding to sharp gains the previous day making exporters more costly.