Yeah, I know, if the option comes into the money, they may have to top up their reserve against the option (I know it works that way with futures contracts) ... but that only helps me up to the point they go belly up. That's exactly when the call option is going to be giving the biggest windfall gain.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.