Aug 19 Options Writing Trades Update

Nikkei falls 2.3 percent to a one-month low. Investors who bought stocks yesterday after coming back from summer holidays are dumping them on the disappointing notion that U.S. financial fears are continuing as focus returned to the troubles of US government-sponsored enterprises Fannie Mae (FNM 6.15, -1.76) and Freddie Mac (FRE 4.39, -1.46), even though crude settled lower below the $113 per barrel mark.