HSX Forum
Playing & Trading Strategy
Quick question on shorting Award Funds
nextlvl
Feb 29, 10:21
answer...
RazorHawk
Feb 29, 10:41
Shorted award options cash out at $0.
laujer
Feb 29, 10:42
They will cashout at 0 so you will net the cost paid x2. Example, you got it at $10 then, regardless of movement since your buy, you made
Willroast
Feb 29, 10:46
Sorry, "net" should be "gross" (I think). in any case, multiply your cost paid by 20K (assuming full ownership) and you have your profit.
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Willroast
Feb 29, 10:50
yes, that is what I was thinking but wasnt sure, thanks!
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nextlvl
Feb 29, 13:14
Based on you gain today, looks like you did pretty well on the Oscarvbids. Well done!
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VicMackeyYTD
Feb 29, 16:23