The Brehs of Wall Street (Offical Stock Market Thread)

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philmonroe

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Jekyll said:
You wouldn’t think but none of this madness has actually been about the fundamentals or upside. Somebody is making money off these swings though. I may short it to catch it on the way back down.
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What broker do you do shorting with? I thought that shyt was expensive since you gotta pay to do that.
 
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Jekyll

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philmonroe said:
What broker do you do shorting with? I thought that shyt was expensive since you gotta pay to do that.
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Webull/Robinhood.

To short you can sell to open a call or buy to open a put. Selling to open gives you the premium fee upfront but your downside is unlimited. Buying to open means you pay the premium upfront and have unlimited upside. You can lose all the money you put in with buying but you can lose unlimited amounts selling.

Word of advice with options. Never ever sell to open(bullish or bearish) unless you know exactly what you're doing.

FaTaL said:
what platforms?
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It was at the SEC level I think so all.
 
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