Originally Posted by
Casino
I am not aware of put options so I assume you are referring to proper short selling. Can you please confirm?
If so, I'm not sure if it's worth the risk:
1. You put yourself at the mercy of market manipulations. Look at today's volume!!!
2. You put yourself at the mercy of market frothiness, which isn't going to end unless QE stops.
3. You put yourself at the mercy of Xero's honesty and ethical standards.
4. They have too much cash to collapse to a peHnny stock and with all the fees, your returns are really capped.
If there was a fairly priced put option for NZX50, maybe - but don't short.