The remark tickled the late-night host given that the “camp” was Stewart’s 2004 stint in Alderson Federal Prison related to a stock trade. Stewart explained that she was only allowed to be out of the house for eight hours a day. “And the parole officer said ‘No?’ ” Fallon asked.

Martha Stewart explained why she has never hosted "Saturday Night Live" on "The Tonight Show starring Jimmy Fallon."

Martha Stewart has revealed that she was once asked to host “Saturday Night Live,” but her parole officer wouldn’t allow it. During an appearance on “The Tonight Show With Jimmy Fallon” on Monday, Stewart said she got the call from Lorne Michaels after her release from prison in 2005.

Martha Stewart has regrets. No, not necessarily about that whole insider-trading thing: In 2005, she had to turn down hosting "Saturday Night Live." Stewart said during "The Tonight Show Starring Jimmy Fallon" that she was asked by "SNL" creator Lorne Michaels to host an episode of the sketch series in 2005 after her release from prison.

Martha Stewart almost hosted Saturday Night Live right after her five-month stint in federal prison, she revealed on the Tonight Show, but a surprising snafu that kept her from the gig. During her sit-down with Jimmy Fallon Monday night,