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lowside67 · 02-01-2021, 08:42 AM

If I were looking to continue to put Vegas money on Gamestop, I'd say I like the downward direction more than up. But a naked short is pretty scary, if I am betting downwards, I'd likely prefer to buy put options. It's a far more binary outcome - you either win or lose (all of your investment), but at least the potential loss is limited to what you put into the options rather than an unlimited exposure of a short.

-Mark

02-01-2021, 08:42 AM	#11089
lowside67 Old School RS Join Date: May 2004 Location: Port Moody Posts: 4,641 Thanked 4,157 Times in 1,262 Posts Failed 130 Times in 80 Posts	If I were looking to continue to put Vegas money on Gamestop, I'd say I like the downward direction more than up. But a naked short is pretty scary, if I am betting downwards, I'd likely prefer to buy put options. It's a far more binary outcome - you either win or lose (all of your investment), but at least the potential loss is limited to what you put into the options rather than an unlimited exposure of a short. -Mark __________________ I'm old now - boring street cars and sweet race cars.