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Re: elks post# 178823

Wednesday, 03/10/2021 11:21:20 AM

Wednesday, March 10, 2021 11:21:20 AM

Post# of 221859
Spread what word, that OPTIONS will be accounted for daily vice end of the reporting period? So what? What does OPTIONS specifically have to do with shorting?

What does options have to with OTC stock?

Answer these questions and you will quickly understand this is not news.

By performing daily accounting as opposed to end of the reporting period, the Brokerages and Clearing Houses avoid being over leveraged when the majority of options are executed. It is an additional fail safe for instances like Gamestop where it was quite possible that if all the options contracts were called in there could have been no means for the brokerages and clearing houses to meet the financial obligations of all the contracts.

Has nothing do with shorting, some moron on the Internet has spun this into yet again another stupid conspiracy theory about shorts and look at the source... REDDIT...