I guess I should also point out that your numbers are wrong. My long position is at 15.51, not at 17. Nor will I necessarily wait until 29 to exit. My exit will depend on the chart, the broader market, availability of other opportunities, and maybe even my mood. Once I exit, I will deploy the funds elsewhere.
You claim share price is going directly to zero. So that is your goal. And don't forget to include whatever interest you pay for your borrowed shares while you're waiting. Plus any dividend payments you make to the owner of your borrowed shares. Meanwhile, my only fee is the transaction fee.
Now, using correct numbers, and correct accounting, if you please, your job is to prove your claim that "the only smart choice is to go short".
yes Grasshopper what you say is true that is why fools actually short the stock rather than selling the PUT or even buying the PUT depending on your long term strategy. There is more than 1 way to short a position. :)
It might amuse you to know that I'm also buying muni bond funds. Looking to start a position in PCQ, a California muni fund, this week. See there how nice I am? I'm giving myself a handicap. Now you'll have two ways to win and I'll have two ways to lose. Let's see how we do.