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Reddit IPO Filings Reveal the Company’s Hopes—and Fears (www.wired.com)

submitted 8 months ago by jeffw@lemmy.world to c/technology@lemmy.world

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[–] muntedcrocodile@lemmy.world 58 points 8 months ago (1 children)

I really want to see it crash i hope all of wallstreetbets shorts them into next year.

[–] simplejack@lemmy.world 12 points 8 months ago (2 children)

Anyone can buy stock, but to short you need to get approved for a margin account and you need to put up some collateral. Those are two big barriers that are going to block many Redditors in WSB from shorting.

[–] bradorsomething@ttrpg.network 15 points 8 months ago (2 children)

Puts are a poor man’s short. Sold calls are a rich man’s short. I expect a lot of sold calls.

[–] muntedcrocodile@lemmy.world 5 points 8 months ago

Ahh didnt know i dont play the market but id love to see reddit get some well deserved karma

[–] z3rOR0ne@lemmy.ml 3 points 8 months ago

This. Options are the way.

[–] NotMyOldRedditName@lemmy.world 6 points 8 months ago* (last edited 8 months ago)

You can just buy a put.

There's no infinite loss risk either, the amount risked is determined up front.

Riskier in the sense it can expire worthless, you can't hold it forever.