(FINANCE) the situation in which a derivatives trader with a short position is wrong about the behavior of the market. Having sold shares of stock he doesn't own, he is now compelled to buy them at a higher price than he sold them for (in order to reimburse whomever he borrowed the shares from).
If the short position was taken by writing naked options (i.e., issuing call options of stock the trader doesn't happen to have), then the trader has to buy shares of underlying stock in order to honor the options.
It's extremely expensive for traders to have to cover their shorts.
If the short position was taken by writing naked options (i.e., issuing call options of stock the trader doesn't happen to have), then the trader has to buy shares of underlying stock in order to honor the options.
It's extremely expensive for traders to have to cover their shorts.
The surprising stock rally came as a shock. Nicholas Leeson had been riding high, but now he was furiously covering shorts, and driving the share prices higher still. By closing bell, he was ruined.
by Abu Yahya May 5, 2010
Get the covering shortsmug. A pair of Utility shorts crafted and shaped from only the manliest of man hands. The strongest and most durable materials go into the formation of these wonderful thigh straps. Functionality will always prevail over fashion. Your woman's purse breaks? Cargo shorts. Need a place to store your hidden packages on long treks across the desert Sahara? Cargo Shorts. Arctic Winter? Cargo Shorts. Need belt loops to hold your keys and other personal items without the hastle of denim? Cargo Shorts. Need to stay cool, while at the same time having "Just-below-the-knee-protection?" Cargo Shorts. Become a member of the #People's Organization for Cargo Shorts Today.
Have you ever been insulted because of your short style? Have you ever been publicly humiliated because of your sweet outdoor military trousers? You aren't alone. Join the cause today.
One short to rule them all.
Have you ever been insulted because of your short style? Have you ever been publicly humiliated because of your sweet outdoor military trousers? You aren't alone. Join the cause today.
One short to rule them all.
Hey cool dude, are those Cargo Shorts you're wearing?
Hell yeah they are. I've got thirty-seven pairs of gloves, six loaves of bread, two turkey sandwiches, and a meatball in my pockets right now.
Hell yeah they are. I've got thirty-seven pairs of gloves, six loaves of bread, two turkey sandwiches, and a meatball in my pockets right now.
by CargoShortMan July 19, 2017
Get the Cargo Shortsmug. A pair of shorts usually from American Eagle or Abercrombie & Fitch that sit so far low on the hips that you can see the top of the shorts-wearer's flowery thong. When the legs are lifted or the wearer walks, the ass-cheeks can be seen. A little bit to big in the thighs, even though the wearer is not too skinny herself. Usually worn by girls with low self esteem who dye there hair too much and are LG's.
Guy 1: "OMG when that girl walks i can see her whole ass in those gabi shorts!"
Guy 2: "Hellll Ya lets get us a peice of that LG!"
Gabi: "Ehmagawd man lets like go blaze it while we frolic in a field of wildflowers!"
Guy 2: "Hellll Ya lets get us a peice of that LG!"
Gabi: "Ehmagawd man lets like go blaze it while we frolic in a field of wildflowers!"
by FuckYouUpWestsideStyle April 12, 2011
Get the gabi shortsmug. A "special" pair of shorts that often reside under the bed used to mop up after jerking off. There are also cum socks, cum tees and blow rags.
by Funko March 18, 2009
Get the cum shortsmug. 
by nick_g October 2, 2010
Get the short busedmug. colorful plaid shorts that have recently been popularized and an noticeable fashion trend for both males and females
(Macbeth being Scottish and the shorts resembling kilts, the reference is made there)
(Macbeth being Scottish and the shorts resembling kilts, the reference is made there)
by arsg66 April 28, 2008
Get the Macbeth shortsmug.