FOC options trader

Short Selling Ban Welcome

Javast is wrong about how short a short call is. Because calls have limited downside potential/risk, this is not at all the same as going short stock. Selling calls against long stock is a proper investment strategy called a "covered write" as you are writing a call that is covered by long stock. You are still at extreme downside risk, offset only a small amount by the cost of the call -- mostly you limit your upside potential. Options (calls and puts) are not part of the short-selling ban. This is not to say the author is not self-serving wanting the short-selling ban to protect his long position (unless you also buy a put, long stock plus short call is still a long position).