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posted 2 years ago by pkvi_redux 2 years ago by pkvi_redux +23 / -3
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– Lippy68 2 points 2 years ago +2 / -0

Yeah, I'm not sure what a put and a short means. Put may be something related to telling your program to buy/sell something when stock are at a certain price. And you can also tell it to Stop at a certain price to prevent losses.

I had thought a short was when you bought a ton at say 10 dollar, the market saw it was getting popular and increases the price to 15 dollars per share. And then you dump all of your stock, selling at 15 dollar each, having made a profit. But then the price of the share might go down to 5 dollars.

But that doesn't seem to be the case here.

The SPY and QQQ are the names of the company stocks.

For example, Nike's stock might be called NIK.

I think the gamer stocks issue was related to someone shorting the stock but then they didn't actually have the stock etc. Something weird to look into.

Also, some rich Jewish guy was smart enough to short the English pound and make a ton of money. I think he caused a recession or something. Another interesting thing to look into!

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– Lippy68 2 points 2 years ago +2 / -0

Maybe someone can explain and clarify?

Does this mean those are good stocks to buy or that those stocks are going to crash?

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– doubledowndude 2 points 2 years ago +2 / -0

He thinks they will crash and he wants to make money on the downward movement. You guys didn't stock market during the pandemic??

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– doubledowndude 2 points 2 years ago +2 / -0

It's selling options. Call options mean you think it's going up, put options mean it's going down. You bet on failure with out options and that much volume means he knows something is about to fail big-time and he's going to move up on that failure. Put options are considered a short position while call options are considered a long position.

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