Hello Ron
this is how i short
safe
with max loss
and max profit
short aug 17.5 calls
long aug 20 calls
its a credit spread
your credit is your profit should it expire
under 17.5
your loss
if it close over 20 is 2.5 minus credit
collected
Ben
----- Original Message -----
Sent: Monday, July 21, 2008 11:07
AM
Subject: Re: [RT]
FWIW.......Banks
Well now everything seems normal
again. And I am able to short GS and C. However not that I
would want to. Anyway the problem earlier must
have just been an early morning glitch as my shorting attempts were
very near the open.
Ron
----- Original Message -----
Sent: Monday, July 21, 2008 9:38
AM
Subject: [RT]
FWIW.......Banks
Just to experiment this morning, I
tried shorting Citi Bank and Goldman Sacks. I got pop-ups saying
they were not available for short sale at this time. So maybe
media rumors about shorting and the banks is correct.
Ron