Aug 22 Options Writing Trades Update

The Nikkei stock average has been declining everyday this week. We are into the 1st 1.5 hrs of Friday's trading session as we speak & the negative sentiments continues with the index sliding further by 76.9 pts due to a jump in oil prices, & stronger yen. The N225 Nov 9500 Put options still looks "attractive" & I picked up a couple of contracts for 25 pts.