From what I've read, shorts don't have an expiry date. As a complete noob to this, my understanding is that they need to pay a ton of interest for holding onto their short positions and they also run the risk of getting forced by their broker to return the shares they borrowed.
Personally I'm just deciding what price I want to sell it at and have a limit sell in place. Whether it actually reaches that price is a gamble, but the assumption is that once they start buying the price will go up.
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From what I've read, shorts don't have an expiry date. As a complete noob to this, my understanding is that they need to pay a ton of interest for holding onto their short positions and they also run the risk of getting forced by their broker to return the shares they borrowed.
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Yeah, that's the huge difference here, there's a guaranteed buyer on Friday.
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Personally I'm just deciding what price I want to sell it at and have a limit sell in place. Whether it actually reaches that price is a gamble, but the assumption is that once they start buying the price will go up.
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