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To: Reverend Wright

Why does the “top securities regulator” think options trading has anything to do with this short squeeze?


16 posted on 01/27/2021 3:17:53 AM PST by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: Vision

Because his A-hole hedge fund cronies are losing money. “We don’t lose money. Only the little people lose money.”


17 posted on 01/27/2021 3:23:18 AM PST by Reverend Wright ( Everything touched by progressives, dies!)
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To: Vision

>>Why does the “top securities regulator” think options trading has anything to do with this short squeeze?<<

Another way to short a stock is to sell a naked call option (a call option buyer gains the right, but not the obligation, to buy a stock at a certain price on a certain date). If the issuer of the call does not have the stock to sell on demand, he’s in trouble.

https://www.investopedia.com/articles/optioninvestor/08/naked-options.asp


27 posted on 01/27/2021 6:11:46 AM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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