It is almost never correct to short a stock with long puts. It's not a solvency issue, it's a premium issue. You're making a bet that it will crash in time peri

It is almost never correct to short a stock with long puts. It's not a solvency issue, it's a premium issue. You're making a bet that it will crash in time period X, and people overvaluing these time-limited bets is the #1 way options traders make money (seriously). Solvency won't save you when it's -EV.