Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: reed13k
double lending stocks to short, or someone was naked shorting - both of which are illegal.

I know I'm repeating myself, but it bothers me when people accuse others of illegalities that may not be so.
With the volume of calls on the board it is obvious that folks are shorting off their calls.
If I have a call that is in the money I can short the stock anywhere above the strike.
Don,'t need the stock because I own the right to buy it at a fixed price.
I think those types of trades may be closed at some brokers for now on GME.At least for some traders.
The show will really start when the joke is over and the blade falls.
I'm afraid there may be a lot of kids who think those trailing stops are gonna save their skin.

Anyone writing cash calls better be hedged up come Friday if the price holds.

But all in all, I think it is a great show.
Glad it's not my circus, not my monkeys.

50 posted on 01/27/2021 2:34:34 PM PST by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
[ Post Reply | Private Reply | To 46 | View Replies ]


To: 1of10

*


72 posted on 01/28/2021 12:00:56 PM PST by Taffini ( Mr. Pippen and Mr. Waffles do not approve and neither do I)
[ Post Reply | Private Reply | To 50 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson