News for hackers. Stuff that matters.

A comment on Secondary shops flooded with unicorn sellers. Parent comment

Re:Secondary shops flooded with unicorn sellers by eru on Saturday February 20, 2016 @12:24AM (#11139014)
You describe selling a call. Not buying a put. (jessaustin is right about these.)
[ Parent | on HN ]
Re:Secondary shops flooded with unicorn sellers by sk5t on Sunday February 21, 2016 @12:19AM (#11143415)
No, I described the practical downside exposure of a short (or, the trader could put in a stop). It is no more "unlimited" than is the downside of buying a bunch of ultimately worthless options.
[ Parent | on HN ]
Re:Secondary shops flooded with unicorn sellers by eru on Sunday February 21, 2016 @08:10AM (#11144352)
Unless your options trade on an exchange, and they have a clearing house behind them. (The government doesn't let the clearing house fail.)
[ Parent | on HN ]