FinancialAnaly

I disagree with the options analogy. Buying a put is not the same as shorting the stock. Also buying a put does not guarantee that you would lose just the premium you paid. This is a misconception in practice.

Consider that you hold a in the money put at expiration. If you do not sell it you will exercise it automatically thereby selling the shares at strike. If you do not own shares in the underlying then you will be short, and if the stock open up higher come Monday due to whatever news over the weekend then bam! You just lost more money.

Just being annoying and disagreeing :-)