a month ago

about a month ago,I wrote 100 ERF 45 contracts -- a
canada's oil trust when it was 45, and then it went
to 52, so I wrote another 100 ERF 50 contracts,I
thought 45 one will be expire worthless, so did not
bother to close it. but suddely one day, canada
goverment made a proposal to put 15% tax on the oil
trust, ERF went dwon from $52 to $38, so I have to
buy 200,000 ERF at 45 and 50 while the market value
is only 38.

it is another 911.