Jul 18 Options Writing Trades Update

Japan's Nikkei stock average slipped 0.7 percent on Friday, marking its sixth straight week of falls. In the small window of opportunity during the early part of the day session when the index was still up from previous close, I wrote additional N225 Oct 15500 call options for 25 pts. Subsequently, as the index trends south to show its true bearish nature, I added limited N225 Oct 9500 put options for 35 pts.