23 May
2015
23 May
'15
3:47 p.m.
At 02:40 PM 5/23/2015, meekerdb wrote:
But isn't that because prices can only drop to zero but have no upper bound?
Yes, because _option_ prices can only drop to zero but have no upper bound. Options on securities that allowed negative prices -- e.g., lawsuits and/or going to jail -- would still work.