<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by marshmellowman:
Now AA goes bust. My 2000 options turn into $10,000 so I get $2,500 and you get $7,500 (max). So we both win.</font>
I think the point of contention for many people is the probability of collecting the $7,500 if AA goes bust. PF is insured - "insured" could mean they have an underwriter, or it could mean they have a liability policy (or some other type of insurance). One type gives me a good feeling about being able to collect, the other doesn't. Only Randy knows.