Would shorting DWAC be free money?

[Akaj]

@Measure_for_Measure

By way of citation, what’s a good source for options data?

I used this NASDAQ site: https://www.nasdaq.com/market-activity/stocks/djt/option-chain

You can find all the available options via the various checkboxes.

I don’t know why there are two lines for every strike price – they may represent different security deliverables – and I obviously don’t vouch for the information being current or recommend that anyone use this page to inform actual trading decisions.

@Measure_for_Measure

Also, to amplify Akaj, to sell shares short, you need to borrow shares from someone (via your broker). When lots of people want to sell shares short, these shares become difficult to borrow. This often happens with IPOs.

Not only that, but you can have your short stock “bought in” overnight without prior notice. Has it gone up 50% since you shorted it? Too bad, you’re out the difference.

The only safe, reliable way to take and maintain a short position in a stock like DJT is by buying puts.