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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (261163)9/21/2003 3:48:42 AM
From: maceng2  Read Replies (1) of 436258
 
delta hedging those puts will make the collapse spectacular.

I expect the PPT have that situation well covered. It's the major risk, and a risk assessment will have been done (mind you it would not surprise me if they haven't even considered it, central planning being that useless).
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