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To: Earlie who wrote (169014)5/30/2002 10:07:09 AM
From: Jack of All Trades  Respond to of 436258
 
I have the same worry, but my plan is to set sell limits on the way and let them takem away even if I get less than intrinsic...



To: Earlie who wrote (169014)5/30/2002 10:22:26 AM
From: JSD  Read Replies (1) | Respond to of 436258
 
Similar thoughts on Gold futures contracts ---- interesting.

gold-eagle.com



To: Earlie who wrote (169014)5/30/2002 10:27:18 AM
From: Tommaso  Read Replies (2) | Respond to of 436258
 
Well, I have repeatedly asked if anyone else felt that way--about possible counterparty risk on puts. I generally get reassuring responses about the amount of margin required by the options exchanges, etc.

Are there any historical precedents for a refusal to honor an option contract?

BTW, I ought to know, but don't what "TU" stands for. I assume it means broke and/or disappeared.