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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (160850)10/28/2008 5:53:01 PM
From: butschi2Respond to of 306849
 
There are cash-settled option positions outstanding which are not required to be disclosed under German law.

At today prices of 600-1000 Eur the options would be worth around 90.000.000 Shares * (closing[700-940] - strike price[100-150]) and this may be a lot if callable/settlement can be demanded every time.