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Wednesday, November 5, 2008

Nov 6 Options Writing Trades Update

For those who sold some calls in the last few days would have been rewarded today when investors refocus on the economy. Japan's Nikkei average fell more than 6.5 percent on Thursday as exporters were battered by a stronger yen, while fears about the economy fed by dismal U.S. data overcame euphoria after Obama was elected president. I picked up additional N225 Jan 14000 calls in the last few days for 20-25 pts.

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