Of course those clowns aren't really happy. They're just putting on a happy face to fool the public into buying. Thats all it is.
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Banning of Short Selling on Derivatives
- Thread starter hayman
- Start date
Of course those clowns aren't really happy. They're just putting on a happy face to fool the public into buying. Thats all it is.
A stock index futures contract is a financially settled contract based on an underlying index. In essense, neither side is long or short, just opposite sides of the contract. Hence it would be impossible to ban short selling futures.
Quote from hayman:
Bloomberg is a much more unbiased station, IMO. They have fewer yahoos, when it comes to station invitees.
unbiased ?
when a member of govt owns the damn thing ?
no yahoos?
how about Marc faber , does not actively trade yet acts like he is a hedge fund manager and he got that stupid high pitch robot voice of his : NNNNNNNNnnnnnnggggggggggggg.....
Quote from Streetwise:
unbiased ?
when a member of govt owns the damn thing ?
no yahoos?
how about Marc faber , does not actively trade yet acts like he is a hedge fund manager and he got that stupid high pitch robot voice of his : NNNNNNNNnnnnnnggggggggggggg.....
Well then, you must REALLY hate Lazlo Baryni (or however you spell his name)
Quote from hayman:
Given today's bold and socialistic choice to ban shorting of 799 financial stocks, has anyone heard any news on the banning of short selling derivatives ?? Any talk of banning the short sale of futures such as ES or YM, which in theory encompasses the financial markets on a broader level ?
Should I be worried about the extinction of futures daytraders ???
yes, you should be worried because you dont know what a derivative is.
To some extent it (banning on selling derivatives) already occurred. Taken straight from tdameritrade site (my broker):
"How do the temporary short selling rules on the 799 financial companies affect options trading?
Option traders will not be able to initiate opening transactions on the 799 companies that would lead to a net short equity position if exercised or assigned. Such positions opened prior to Friday, September 19 are not affected by the new short sale rules.
Examples of the rule's application on options trading:
â¢
Options-approved clients will still be able to buy to open and sell to close long puts, but they will not be able to exercise puts unless they are holding the underlying stock.
â¢
Selling uncovered (naked) calls is not allowed."
"How do the temporary short selling rules on the 799 financial companies affect options trading?
Option traders will not be able to initiate opening transactions on the 799 companies that would lead to a net short equity position if exercised or assigned. Such positions opened prior to Friday, September 19 are not affected by the new short sale rules.
Examples of the rule's application on options trading:
â¢
Options-approved clients will still be able to buy to open and sell to close long puts, but they will not be able to exercise puts unless they are holding the underlying stock.
â¢
Selling uncovered (naked) calls is not allowed."
Quote from hayman:
Straying away from the topic of this thread, I am very concerned about the artificial bubble that the government is going to create with the financial equities. I hope that I'm wrong, but isn't this just going to make the crash that much worse ??
Uncle Sam is martigaling... Averaging down... If there is a significant upswing they cash out... if not... They'll just print more money.