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To: AuBug who wrote (41018)5/24/2007 7:20:44 PM
From: koan  Respond to of 78426
 
Right before the big fall in 1987 I had $1 puts on Honda?? (one of those), but if I had gone down another $10/$20 I could have gotten them for an 1/8.

During the 500 point meltdown the 1/8ths got to almsot the same price as the $1. I made 10 times my money, but I could have made 80 times my money and retired-lol.