Ameritrade wouldn't let me write covered calls (for calls expiring today) unless I called up their trading desk. Which had a 700 person line in front of me.
> Seems to be 35%/year right now for GME shorts. If a GME short borrowed at $300, the stock price needs to fall to $200 by 2022 before they lose money. Do you really think GME can be propped up above $200 for a whole year?
Are you factoring in the cost of the call option that prevents their entire portfolio from getting nuked if GME keeps going up for some reason?
> Seems to be 35%/year right now for GME shorts. If a GME short borrowed at $300, the stock price needs to fall to $200 by 2022 before they lose money. Do you really think GME can be propped up above $200 for a whole year?
Are you factoring in the cost of the call option that prevents their entire portfolio from getting nuked if GME keeps going up for some reason?