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re: Can you sell calls to establish a short position?

Posted on 7/12/16 at 1:15 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10357 posts
Posted on 7/12/16 at 1:15 pm to
The trade would be upside down right now $1.78 per share, and the option is up today over 100%, so the sold calls would have lost over 100% of yesterday values, which were already down about 50% yesterday.
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