Hypothetical Shorting Question

Discussion in 'Trading' started by PocketChange, Oct 3, 2008.

  1. Hypothetical Scenario


    Purchased 100K 5 cent otm calls on a select subset of the 800 + companies that are on the SEC's do not short list.

    Intention is to short and scalp volumes of shares under the reasonable belief I can settle the trade by T+4 by exercising my options if I am not closed out of my trade intraday?

    These types of transaction appear to be in compliance with the emergency order banning short selling.

    Counter Perspectives please...