and I wouldn't change this system for the world.Submitted by moonyou22 t3_11dfyy3 in wallstreetbets
AnonymousLoner1 t1_jab5a9x wrote
Reply to comment by selipso in and I wouldn't change this system for the world. by moonyou22
He's talking about a short sale-covered put.
Just like long shares cover a short call, short shares cover a short put.
That's why you can't do it on Robinhood, since they don't allow short selling.
OTD303 t1_jabmqmh wrote
The fact they don’t allow That means they know the kind of power that is the retail trader Lmfaoo
needspantsu t1_jabtx7r wrote
I assume, given shorts have limitless* loss potential, and hood is aimed towards teens and low income peeps, it's a bad mix.
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