There's no reason you couldn't legally "short" a car though, or anything else. In fact it kind of happens all the time, when you order something to be delivered at a later date.
You can buy put options, in which you're only risking the premium on the option itself. Though I don't use etrade so idk if they allow you to trade options
Might I ask what motivated you to take the leap of faith with Petrobrás? Was it the change of administration in the Brazilian government? I mean, Petrobrás' management did improve leaps and bounds and it's no longer a Soviet 100% controlled by the Labor Party's appointees, but it's never gonna be a serious competitive company while it's still mostly owned by the Brazilian state.
There's no reason you couldn't legally "short" a car though, or anything else. In fact it kind of happens all the time, when you order something to be delivered at a later date.
You can buy put options, in which you're only risking the premium on the option itself. Though I don't use etrade so idk if they allow you to trade options
Might I ask what motivated you to take the leap of faith with Petrobrás? Was it the change of administration in the Brazilian government? I mean, Petrobrás' management did improve leaps and bounds and it's no longer a Soviet 100% controlled by the Labor Party's appointees, but it's never gonna be a serious competitive company while it's still mostly owned by the Brazilian state.