Help! My short position got crushed, and now I owe E-Trade $, - MarketWatch - scottrade naked short selling


scottrade naked short selling - Margin Requirements for Selling Naked Puts | InvestorPlace

Scottrade clients have moved to TD Ameritrade. Since TD Ameritrade acquired Scottrade in September , we've worked diligently to bring our companies together. Now, we're thrilled to announce the conversion of your account is complete. Naked short selling, or naked shorting, is different from conventional shorting in that it is the practice of selling a stock short without first borrowing the shares or ensuring that the shares can be borrowed as is done in a conventional short sale. When the seller does not obtain the shares within the required time frame, the result is known as a "fail to deliver".

Mar 18,  · Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it . Nov 20,  · My short position got crushed, and now I owe E-Trade $, But when you’re short, everything and a lot more is at stake. He should have .

Despite it being a horrifically bad idea, you have to have portfolio margin to naked short any stock (regardless of broker) and this generally involves a minimum account balance and some kind of test to be approved for it. From there, most penny s. I did laugh because just last week I was hassling my Scottrade broker about naked puts. I wanted him to explain why a covered call was less risk, capital-wise, than a .