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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: OldAIMGuy who wrote (18519)10/19/2007 5:18:31 PM
From: doniam  Read Replies (2) of 18928
 
Hi Tom-
Not as long or interesting as your post but I recall it this way.
As you perhaps recall, back then margin requirements for naked options were very low....so I was short a lot of puts,
Got scared the Friday before Black Monday so covered the puts at Friday's close.
I was unhappy with what I thought was a very bad fill until I saw the action Monday.
They would have come after my house had I not covered the session before.

-Don
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