A 20-Year Put: What's It Worth?

On August 4, Reuters reported that Warren Buffett could "get in a bind" over options because of new provisions in the Dodd-Frank financial reform bill.Over the past few years, Buffett's Berkshire Hathaway (BRK/B) has sold options for various worldwide stock indices worth billions of dollars without posting collateral. Does the Dodd-Frank bill now require the company to post collateral? Berkshire doesn't believe so

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