Re:Naked shorting: The curious incident of the shares that d...
by freeone3000 on Sunday January 31, 2021 @10:22PM
(#25985176)
They often do, but they don't have to. You can write an uncovered call, if you're brave or stupid -- after all, worst case you'll just market buy the shares to deliver on the day the option is tendered.
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Re:Naked shorting: The curious incident of the shares that d...
by lazyasciiart on Monday February 01, 2021 @01:55AM
(#25986303)
No, worst case is nobody is selling shares on that day. Thats the exact scenario wsb is hoping to create.
Re:Naked shorting: The curious incident of the shares that d...
by freeone3000 on Monday February 01, 2021 @02:55AM
(#25986540)
Liquidity providers can always just write share IOUs and find the shares to fill them later. The market running out of stock is not a thing that can actually happen.