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Economically, sure, but not literally. If you hold both a put and a call, for instance, you can't vote with them, or earn dividends. You would not say you're th
by freeone3000 6y ago
Economically, sure, but not literally. If you hold both a put and a call, for instance, you can't vote with them, or earn dividends. You would not say you're the actual owner -- whereas a short sale creates a negative actual stock.
- eru 6y agoAnd that's why voting rights get special treatment in share lending. Dividends are also handled by share lending agreements. When we talk about naked shorts, they would still have to be covered before delivery (usually two days after the trade). And when buying a normal stock, not from a short seller, you also can only vote once you take delivery. So everything is the same.