HSX Forum

Playing & Trading Strategy

Cashing out Max Short positions and re Shorting @ max

Posted by: voodoo_mutt on Sep 09, 23:51

newbie question, if i've got 100,000 shorts @ H$5 and the share drops to $3.  is it worthwhile to cash out the entire position, crystalise the gain and re short 100,000 @ H$3? (assuming you think there's more downisde risk to price)  ex commission considerations.

the way i see it, you've freed up capital for another position and you don't have as much at risk if the share suddenly moves against you and your profit potential remains the same ie 100,000 units

or what have i missed?





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Wild Horse Nine - Opening Weeken (WILDH.OW) 100000 5.78 (+0.63)          Olivia Colman (OCOLM) 184 43.15 (-0.54)          Drummer Boy - Opening Weekend (DRUMB.OW) 100000 6.98 (+0.76)          The Brand aka Branded (BRAND) 150000 3.64 (+2.97)          Here Comes the Flood (HCTFL) 98 0.09 (+0.02)          They Know (TKNOW) 150000 10.00 (0.00)          Father Joe (FTJOE) 149999 6.68 (+1.49)          Here Comes the Flood (HCTFL) 4998 0.09 (+0.02)          Drummer Boy - Opening Weekend (DRUMB.OW) 100000 6.98 (+0.76)          Father Joe (FTJOE) 150000 6.68 (+1.49)          Wild Horse Nine - Opening Weeken (WILDH.OW) 100000 5.78 (+0.63)          Steve Buscemi (SBUSC) 25000 10.87 (-0.02)          Victorian Psycho (VPSYC) 150000 12.98 (-0.32)          Wildwood (WILDW) 147500 36.76 (+0.30)          Being Heumann (BHEUM) 300 0.09 (0.00)          Olivia Colman (OCOLM) 2127 43.15 (-0.54)          Tomorrow Is a Drag (TIADR) 150000 8.48 (-0.03)          Sight & Sound Presents: Josh (SSPJL) 150000 2.40 (+0.10)          Being Heumann (BHEUM) 500 0.09 (0.00)          The Asian Fund (ASIAN) 20000 20.43 (+0.23)          Appofeniacs (APPOF) 301 0.09 (0.00)          Olivia Cooke (OCOOK) 5000 15.99 (-0.34)          Olivia Colman (OCOLM) 5000 43.15 (-0.54)          Appofeniacs (APPOF) 399 0.09 (0.00)          Will Poulter (WPOUL) 25000 11.58 (+0.50)          Mahershala Ali (MALI) 5000 152.09 (-0.20)          Tony Revolori (TREVO) 25000 48.32 (+0.18)          Marisa Tomei (MTOME) 5000 130.83 (-1.06)          Grendel (GREND) 150000 9.50 (0.00)          Josh Brolin (JBROL) 25000 101.07 (-0.80)          The Bookie & the Bruiser (TBATB) 150000 5.22 (-0.13)          Lucky Lu (LUCLU) 598 0.08 (+0.02)          Whalefall (WHALF) 150000 17.75 (+0.22)          The Bookie & the Bruiser (TBATB) 150000 5.22 (-0.13)          Lucky Lu (LUCLU) 501 0.08 (+0.02)          Ving Rhames (VRHAM) 5000 140.62 (-0.20)          Marisa Tomei (MTOME) 5000 130.83 (-1.06)          Mina Harker aka Dracula - Blumho (DRACU) 299 0.08 (0.00)          Steve Buscemi (SBUSC) 5000 10.87 (-0.02)          Mina Harker aka Dracula - Blumho (DRACU) 99 0.08 (0.00)          Peter Dinklage (PDINK) 5000 77.31 (-0.30)          Steve Buscemi (SBUSC) 25000 10.87 (-0.02)          Olivia Cooke (OCOOK) 5000 15.99 (-0.34)          They Know (TKNOW) 150000 10.00 (0.00)          Olivia Colman (OCOLM) 5000 43.15 (-0.54)          King Spawn (SPWN2) 299 0.07 (0.00)          The Mosquito Bowl (MSQTB) 150000 2.09 (-0.10)          Martin Campbell (MCAMP) 5000 28.60 (-0.22)          Mahershala Ali (MALI) 5000 152.09 (-0.20)          They Know (TKNOW) 150000 10.00 (0.00)