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TrekRider

05/21/10 10:13 AM

#41997 RE: tenenbaum #41995

Option --- I'm not an option guru and had 3 naked put positions open a month or so back. I found I couldn't handle the implied margin should the unthinkable happen so I covered them @ a slight loss. The margin, should they be exercised, was only a small amount (about my entire net worth in March 2009).

IOH