The details of my Big Bet against Krispy Kreme

[schnoodleC]

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given the money you spent on options, why not just short the stock outright and buy a call at a stike you're comfortable with (i.e. one where (K-S0)*your investment is your maximum comfortable loss or something like that...you'd earn money on the call though as St approached K so you could probably go a bit higher than you would if it was a non traded european option)

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KKD due to some reasons related to all of its financial mess could not be shorted outright. I tried online for a month at the same time CAT made his original posts and there where never any shares so then I called my broker to find out what the real story was.

CAT, I think the risk of your play has everything to do with options and little to do with the fact that it is a short. Options are always way more risky because of the time component. The same is true for longs/calls.