Zeev's Turnips Patch-No Politics (ZEEV)

[langostino]

""Requires" the ability to naked short to build a hedge?"


"Who says the transaction "Requires" the ability to naked short to build a hedge?"

1. There would be no market makers and no markets if MMs making markets in options could not simultaneously execute market neutral transactions whenever there is no one to take the other side of the trade and they're forced to step in. It's clear you lack even a rudimentary understanding of market making and how markets function. It's one thing to argue with the basis of knowledge. It's something else entirely to argue when you've made no effort to learn and understand what the heck you're talking about.

2. I am terribly sorry if you've gotten yourself on the long side of Novastar and Overstock, two of the most poorly managed companies on the planet. Those companies aren't suffering because they're heavily shorted, they're heavily shorted because they're both absolute pieces of trash and are highly likely candidates to GTZ.