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.
Latest Comments
Gold Miners: Why Apparent Strength Is Just A Facade
Lol, so in a nut shell, don't be long miners!
Bitcoin Hits $60,000 For The First Time Ever, Crushing $250MM Worth Of Shorts
Couldn't happen to nicer people.
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? 馃ぃ馃ぃ馃槀馃槀
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.