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Old 06-12-2007, 11:09 AM
darthtrader darthtrader is offline
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Re: Writing Naked Puts & Calls - Risks

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i disagree with one thing

as i said, i use naked puts in an INVESTMENT account, not a trading account
dalby thats a fantastic idea i have never thought about before. I will have to explore that in the future as far as accumulating stock.

I was actually messing around yesterday with the TOS paper trader selling naked calls on aapl. Thats the only time i could see actually selling naked calls with real money. The june 130s were at 1.90 last thursday, today they are at .05. They were still at a buck yesterday when aapl broke support. Has anyone ever looked for situations like that with liquid options? I assume dumb money retail gamblers were just gambling on options, it would seem in situations like that you could crowd the exit and sell naked calls.

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