I haven't tallied the actual financial impact of these options trades, but naked shorting is illegal, to the best of my knowledge. As such, recouping should be possible through clawback of the stocks written upon. If, on the other hand, they have permitted the writing of naked shorts, those brokers that have permitted the same should suffer the loss if they cannot liquidate the position upon which options were written.
$GME and its like: I am watching Thos. Peterffy of #InterActiveBrokers on Bloomberg who shut down trading by retail on this short squeeze and options. I had considered a switch to his platform, but his poor defense of his actions and the disproportionate effect on retail investors is morally indefensible. I don't trade this stock or its options, but I would never trade on #RobinHood, #IAB, or #ETrade for this action. They are fine with the short shenanigans of large traders, but when retail profits they shut it down. They should all go down in a fiery then smoldering, continued, very expensive litigation. The market is, clearly, rigged against smaller players and this is perpetuated by the brokerages that serve them. Liquidate SAC or those who made naked shorts, not those who saw their error and tried to, very legitimately, profit.
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Electric Car Wreck
I repurchased my $NIO shares at $36. I sold earlier at $39--did I re-enter too high??
Robinhood Planning Confidential IPO As Early As March: Report
May learn to short just for them.. Don't use them, but my brothers and sisters in trading got screwed..
Bitcoin Bursts Back Above $40k, Ethereum Open Interest Hits New Highs
How many you holding? 🤣🤣😂😂
Goldman Warns If The Short Squeeze Continues, The Entire Market Could Crash
It's a peasant revolt!
Game Over, Man
Lol, yes William, the comic certainly fits this situation and worthy of a laugh!
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
Options trading is, inherently, zero-sum. There should be no net loss unless naked shorting occurred and was permitted on a large scale.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
I haven't tallied the actual financial impact of these options trades, but naked shorting is illegal, to the best of my knowledge. As such, recouping should be possible through clawback of the stocks written upon. If, on the other hand, they have permitted the writing of naked shorts, those brokers that have permitted the same should suffer the loss if they cannot liquidate the position upon which options were written.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
Liquidation of accounts is automated. Mr. Peterffy is concerned not a whit with the integrity of markets. He's concerned with his vast fortune.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
$GME and its like: I am watching Thos. Peterffy of #InterActiveBrokers on Bloomberg who shut down trading by retail on this short squeeze and options. I had considered a switch to his platform, but his poor defense of his actions and the disproportionate effect on retail investors is morally indefensible. I don't trade this stock or its options, but I would never trade on #RobinHood, #IAB, or #ETrade for this action. They are fine with the short shenanigans of large traders, but when retail profits they shut it down. They should all go down in a fiery then smoldering, continued, very expensive litigation. The market is, clearly, rigged against smaller players and this is perpetuated by the brokerages that serve them. Liquidate SAC or those who made naked shorts, not those who saw their error and tried to, very legitimately, profit.
Technology & Energy Sectors Are Hot – Are You Missing Out?
Yes, sadly millions of us have lost our income due to Covid and are missing out on these rallies.