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eudamoniac 2 days ago

It's frustrating that Schwab does not allow me to buy puts for this symbol, and I haven't enabled margin for shorting because I always bought puts instead. Never seen a clearer short in my life.

ProjectArcturis 2 days ago | parent | next [-]

It's not just Schwab, there aren't any options traded on BIRD. And shorting is not a guarantee. First you have to find a borrow, which if it's available probably costs >1000% annualized today. Then you have to be able to maintain that borrow, even if BIRD doubles from here.

Based on the price action today, this seems like a short squeeze.

eudamoniac 10 hours ago | parent [-]

Yes, I understand the basics of shorts.

ProjectArcturis 7 hours ago | parent [-]

Sure didn't seem like it.

killingtime74 a day ago | parent | prev [-]

Just use the new way which is starting a market on polymarket