They often do, but they don't have to. You can write an uncovered call, if you'r... | Hacker News

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		freeone3000 on Feb 1, 2021 \| parent \| context \| favorite \| on: Naked shorting: The curious incident of the shares... They often do, but they don't have to. You can write an uncovered call, if you're brave or stupid -- after all, worst case you'll just market buy the shares to deliver on the day the option is tendered.

lazyasciiart on Feb 1, 2021 [–]

No, worst case is nobody is selling shares on that day. Thats the exact scenario wsb is hoping to create.

freeone3000 on Feb 1, 2021 | [–]

Liquidity providers can always just write share IOUs and find the shares to fill them later. The market running out of stock is not a thing that can actually happen.

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