 Quote:
Originally Posted by haha
Wouldn't it be a wonderful to mount a bear raid though? You would have to find a candidate that you thought had underpriced protection available. Buy it; then naked short hell out of the underlying.
The leverage is so astounding, and I think it is much harder to trace the contracts than with traded options, and much easier to be stealthy.
Ha
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It happens, only the underlying in this case tends to be very illiquid, difficult to borrow (not a problem if you're going naked), and often times even more difficult to buy back. Also broker dealers have the option of saying "no bid", which makes pounding them into the ground a little difficult unless they are already circling the drain and everyone else is running for the exits too.
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