This question is a followup to a recent and similar question on buying a put: When a long PUT expires in-the-money, whose shares are being sold?.
Suppose I don't have a margin account, and I buy a put to bet against a stock that I do not own (my broker allows me to buy the put as I have enough cash to pay for the premium). The put expires in the money and it is automatically exercised. Responses to the question I linked say that, in this scenario, I would be short 100 shares. But how could I be short any shares if I don't have a margin account? Would the broker open up a margin account over the weekend on my behalf? Wouldn't it be much easier to automatically NOT exercise the option?