hi Traders: quick question: "short" term for option and stockIB
In the office or on the floor and describing a trade, do you ever use the word "sell"? or do you sub in "short" for everywhere "sell" should be?
You have 100 FDX stock. You want to sell them.
Do you say:
(1) "I'm going to short my 100 FDX."
(2) "I'm going to sell 100 FDX."
I get that the first one is technically incorrect, because you've already bought the stock, but I'd just like to find out what conventions are used.
Also, if you have 10 FDX calls and you want to sell them, what would you say?