 boom what's going on money geeks v here welcome to another video so in this video i want to answer a question that a lot of you guys been asking me um on discord that hey how do you short a stock if you have a cash account um the first thing i want to let you know is that if you have a cash account in webo you don't have the ability to short a stock period the only way for you to short a stock which means you have to have a margin account in that way you can short a stock but there is a poor month's way of shorting a stock uh with a cash account which is what i'm going to explain in today's video but before we get started guys if you're new to the channel we talk about how to earn money how to save money how to invest and build wealth so that's something that interests you go ahead and hit that subscribe button and notification bell so you don't miss out on new content so when it comes to shorting a stock i know a lot of you guys um some people are very very mad or angry that people have the ability to short a stock uh if you're one of us people i'm just gonna tell you right now um for you to survive in the market you need to be able to trade both ways you need to understand trading both ways whether you like it or not shorting is part of the market because i've seen some of you guys will leave comment when i say that shorted a stock it'll be like oh you're part of the war street people like no don't don't even lend out your stocks to be shorted if you lend your stocks or you don't lend your stocks shorting is part of the game and the moment you start taking advantage of that the better for you instead of sitting there thinking that you're going to change the game before you started trading in the market the market was there shorting was part of the market so you think you're just going to show up today and be like i'm going to change the game and if you're mad at me or mad at people that are shorting joke is on you because guess what they're making money and you're watching so the earlier you get into the game and understand how what it means to short and how the profit from that the better it is for you the market is not your market it's everybody's you go in there take your own piece of the cake and get out you're not supposed to be stuck in the market it's funny because i see people are just starting like a year or two ago and with the rise of meme stocks and all these apes telling you to hold your stock so you can beat wall street that is so cute but guess what wall street is always going to win the the minute you start understanding that the better it is for you so take advantage of the market learn how to trade both ways so that said now how do you trade or short the stock in a cash account in webo again like i said the only way to short the stock it will be in webo would be for you to use a margin account but if you have a cash account here's what i want you to do first thing i want you to go to um the webo app apply for um options so apply the trade options in your account so once you are approved you can trade options then you are ready to take advantage of stocks going south so let's say for instance if you anticipate that hey um the economy is going to crash what do you do you can short the stock so in in this case you're doing options and again i'm going to explain this one very slow so in options you have calls and put again i said i'm going to start doing some videos here in options and i know i just want to answer these questions we're going to go back again from the beginning and define just all these terms so if you hear these terms just don't panic we're going to go back again and define them like i said we're going to be doing uh a step by step just going through it very slow with examples and trading so you guys are actually understand options so that it's going to be coming here uh in the next week and subsequently so if you have the ability to trade options uh again like i said you have calls and you have puts um so calls means that you're anticipating that the price of the stock is going to go long if you're buying uh puts you're anticipating that the price of the stock is going to drop so in this case if you want to short the stock you buy a put right so i'm going to jump right here and just going to show you guys a simple example here so let's say for instance um here is uh UAL um my ticket symbol here so if you if you're sitting in UAL and you know that hey um maybe the virus is going to hit us again let's say in december when people are traveling which means that airline companies are going to take a beating so you anticipate that the price of UAL is going to drop so if you don't have the ability to to actually short then you can come here you can buy a put so let's say for instance like um UAL is sitting right now at about 50 something dollars so right now 49 dollars and 80 cents so if you think that this thing is going to drop down to say 45 so you can pick your particular expiration date so you can pick this you say hey i anticipate that UAL is going to drop down to say 45 summer and by december so then you can come here you pick a strike price then you can now buy this put which means that you make money as the price of the stock drop so if the price of the stock keeps dropping you keep making more money so that would be a very simple way for you to short a stock um on the we will platform if you have a cash account again let me kind of recap this really uh nice and slow so here is uh what i expect for you to do first thing i want you to have the ability to trade options second i want you to understand calls and puts again like i said we're going to do a video here where we're going to really take this uh break it down and make sure that we understand what's going on as far as that with all the definitions once you understand put you're buying put anticipating that the price of the stock is going to drop so if i came in the morning and anticipated that the price of a stock was going to drop and then i look at my the current price is say 49 dollars and 72 cents and i think this price is going to drop down to say 45 then i can buy this 45 strike price put right here so that as the price of the stock drops i make money that is a very um layman way of actually shorting a stock without having a margin account in we will i know this is a little bit confusing but definitely let me know in the comment section i can actually do a full tutorial on this and show you guys how that's done in the cash account right here this is a cash account that i'm actually using right here just to demonstrate this so you put this put your order and then just place buy and once you buy that if you can see here once you buy that just want to say one 1.8 which is you're buying 100 shares it'll be 180 dollars for that but if you wanted to short this outright um this is 49,071 cents times 100 so you're looking close about 4900 so that is the advantage of actually using options to to do either calls or put because you don't tie a ton of liquidity um in the process here only using 180 dollars um to buy this particular put um but otherwise you have to spend 4900 dollars to to short their 100 shares that we we're talking about here so again let me know in the comment section guys if you're interested in the full um tutorial here i'll definitely can do some videos i just want to make sure to answer that question because it's something that a lot of you guys have been sending me DMs and asking like hell i have a cash account in Webull but i i cannot short a stop this would be easy way easy walk around so again i i hope that this was not too confusing for you if it is i totally understand because um on the channel we haven't covered um talked a lot about options but like i said we're starting to get into that it wouldn't start with basic definitions um and by no means i'm claiming to be an expert here in options i'm still a student i'm learning it um and so if you are one of those people and you want to be part of that learning process i'm gonna start doing some videos here showing you guys what i'm doing again i'm not taking all my liquidity and dump it in there i'm just smartly um doing it so again let me know if you are interested in seeing the full uh big picture i hope this question uh does help you understand how to short stocks again i'll call this a poor man way of shorting in Webull cash account if you're new here we're talking about how to earn money how to save money how to invest and build wealth if there's something that interests you go ahead and hit that subscribe button and your notification bell so you don't miss out on new content also guys if you're looking to get started with investing Webull has a promotion where you can sign up right now deposit five dollars you get free stocks or you can get free crypto if you sign up to trade crypto put the links in the description below and as always guys do your due diligence don't be green savage stay motivated