Strange Put Trade

Discussion in 'Stock Market' started by william the wie, Nov 14, 2018.

  1. william the wie
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    william the wie Gold Member

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    I went short on some puts on an issue because the premium was so high that it would cost me less than buying the underlying directly, if exercised, and the issue is moving up. What is going on here?
     
  2. shockedcanadian
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    shockedcanadian Platinum Member

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    Shorting is a dangerous game. Shorting on margins even more dangerous.

    You only live once, good luck with it.
     
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  3. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    I went short on some puts on an issue because the premium was so high that it would cost me less than buying the underlying directly, if exercised

    Isn't that the case with almost every put out there with any premium?
     
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