Your comment makes sense if you're talking about using publicly-traded derivatives to hedge long or short positions in a diversified portfolio.
The comment to which you replied was talking about employee stock options, which are not generally used to hedge a short position, and often represent a large part of someone's overall wealth and/or income.
The comment to which you replied was talking about employee stock options, which are not generally used to hedge a short position, and often represent a large part of someone's overall wealth and/or income.