Japan Nikkei Index drops 7.3%

Chart below of the EWJ, the Japan ETF, the Nikkei dropped 7.3% a move of over 7 standard deviations, a fat tail event.

EWJ Nikkea drop 05-23-2103

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About sellacalloption

Author, Radio Show Host and Portfolio manager and chief option strategist for IWC Asset Management.

Posted on May 23, 2013, in Option Basics and tagged , , , . Bookmark the permalink. Leave a comment.

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