Blog Archive

Tuesday, September 30, 2008

Oct 1 Options Writing Trades Update

Stocks in Japan and Australia bounced higher on Wednesday and the yen steadied as investors edged away from safety plays on hopes that a salvaged Wall Street rescue plan in Washington could keep global equities rallying. All eyes are now on how the saga will unfold. I am dugged deep on the Oct Puts & Dec Calls which are still vulnerable to huge swings.... not an ideal situation & will call for some intense trading.

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