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Tuesday, August 12, 2008

Aug 13 Options Writing Trades Update

Japan's Nikkei stock average slipped 2.1 percent on Wednesday as renewed worries about U.S. financial institutions stoked economic concern. As if not enough, Japan's economy also shrank in Q2 as slowing exports and waning consumer demand pushed the world's #2 economy to the brink of recession. I added additional N225 Nov 9750 Put Options for 25 pts. In addition, I wrote new N225 Nov 9500 Put Options for 20 pts.

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