Jul 28 Options Writing Trades Update

The benchmark Nikkei ended up 19.02 points at 13,353.78, after rising as high as 13,468.94. The Nikkei gave up much of its earlier gains as investors remained cautious before more earnings reports due in both the United States and Japan and a raft of important economic data including the U.S. payrolls report. On days like this when the market is directionless, you can find that both the premiums on the calls & put options can decay concurrently...which works for options writing.