Of course a stock can't go negative, so, technically, the risk is limited. All risk profiles on selling naked puts are listed as "unlimited." You're at 20:1 risk, if that's not close to 'unlimited" I don't know what is. To argue that it was a "great trade" is retarded. At least you understand that the only institutions that would allow it went debit. Truly my last post.
I see the GE puts are at $1/contract today. I just want to thank you for buying my puts and taking the opposite side of my trade. I'll be sure to think of you when I'm travelling around Italy and France this summer and spending some of the $50,000 that you gave me.
Enjoy the money while you can. People with your arrogance and non-understanding of risk do not have bright financial futures. Happy traveling. Mark
Dude, you could've made your $50k for traveling around Italy and France by putting your 1 million in a muni-bond fund instead.