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A comment on Robinhood is said to draw on bank credit lines amid tumult. Parent comment

Re:Robinhood is said to draw on bank credit lines amid tumult by cmdli on Thursday January 28, 2021 @07:14PM (#25951560)
Just to be clear here, they are restricting opening new positions. If you are short on GME, you are allowed to buy in order to close out your position. However, most people are long, so they only have the option to sell.
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Re:Robinhood is said to draw on bank credit lines amid tumult by ianhawes on Thursday January 28, 2021 @08:50PM (#25952580)
Just a side note but Robinhood does not allow shorting on their platform.

Options (calls/puts) are permitted.

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Re:Robinhood is said to draw on bank credit lines amid tumult by adrr on Thursday January 28, 2021 @09:05PM (#25952708)
I assume they allow writing of calls and puts in order to do common option strategies. I wonder if they’ll let you buy the stocks to cover your calls.
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