05-17-2013, 12:22 PM
'ebster123' pid='22565' datel Wrote:Options and a PRAYER!!!!! Time will tell.....
It would take 130,000 call contracts to cover the 13 million shorts. The other day I did a very rough count of open interest from May out to 2015 and about 67,460 contracts. I am an options novice but somebody has to be on the other side of the trade which at this time represents a lot of risk for the premium. Somebody once stated there are not enough options contracts to cover the shorts. Any insight is welcome.