3 ms·
"To cover a short position" implies that you have a short position you are buying to cover. You likely mean "to put on a short position"
by kyleblarson 7y ago
"To cover a short position" implies that you have a short position you are buying to cover. You likely mean "to put on a short position"
- smoyer 7y agoWell ... if my timing and intuition are perfect then I don't actually need any cash right ;)
- turk73 7y agoBuy puts? Eh, nevermind, IPOs don't have options chains yet...
- dragontamer 7y ago> "to put on a short position" Put is still a bad word because it has a connotation for options trading. (put options vs call options). Maybe "to bet on a short position" is the best phrasing? "Put", "Call", and "Cover" all have precise meanings in the financial word. "Bet" is ambiguous enough that its kinda clear in this case.
- feanaro 7y agoTo open a short position. Or simply "to short".