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Reddit IPO Filings Reveal the Company’s Hopes—and Fears
(www.wired.com)
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this post was submitted on 18 Mar 2024
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Anyone can buy stock, but to short you need to get approved for a margin account and you need to put up some collateral. Those are two big barriers that are going to block many Redditors in WSB from shorting.
Puts are a poor man’s short. Sold calls are a rich man’s short. I expect a lot of sold calls.
Ahh didnt know i dont play the market but id love to see reddit get some well deserved karma
This. Options are the way.
You can just buy a put.
There's no infinite loss risk either, the amount risked is determined up front.
Riskier in the sense it can expire worthless, you can't hold it forever.