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To: GraceZ who wrote (146566)	1/28/2002 12:44:36 PM
From: LLCF	Respond to of 436258

<How do they do this? Make sure those traders selling options can handle big gaps up or down? Do they make those traders hold an account similar to margin or stock positions to offset? > Yes, they simply look at the account assuming that the position opened up or down X% and the options position either exploded or imploded [whatever the worst case is] and if they don't like what they see they make them take some off or put up more coin. DAK