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Monday, July 7, 2008

Jul 8 Options Writing Trades Update

The Nikkei stock average slid 2.4 percent on Tuesday to a two-month low just a day after the benchmark snapped a 12-day losing streak on Monday, in which it lost 8.4 percent and marked its longest losing run since a 15-day stretch in 1954. I wrote limited N225 Oct 16000 Call options for 20 pts.

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