I want to bet that certain stocks will decline in price, but they have no options and there are insufficient shares available for a short sale according to my broker. Do I have any other way to take advantage of a potential decline in these stocks’ prices?
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3Well you'd have to find someone to take the other side of that bet which may be the root problem...– D StanleyCommented Jun 18, 2020 at 20:22
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Any ideas on how to find such parties?– ak87Commented Jun 18, 2020 at 20:35
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1@ak87 If you are looking to short the stock, I would try a different broker. I think there is a good chance they will be able to help you.– BobCommented Jun 19, 2020 at 1:45
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As B.B. explains, simply another broker may do it easily. However if that is NOT the case, the very simple answer is: "No". You can not.– FattieCommented Nov 16, 2020 at 15:09
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1 Answer
If your stock does not offer options then you can check with other brokers to see if they have hard-to-borrow shares available. That's a long shot but still a possibility.
Another possibility is an OTC agreement with a counterparty but this is only available for big players since the intermediary is usually an investment bank or similar.
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And to clarify, 'big players' in this case is measured in millions and billions, not hundreds and thousands. Commented Jun 20, 2020 at 5:47