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Re: Writing Naked Puts & Calls - Risks
in theory, unlimited risk and limited reward when you write naked options.
I used to do the same thing your friend does, but a coupe of close calls made me think twice. the risk involved for the reward is just not worth it.
Control the risk and the rewards take care of themselves.
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Winfred
Life is a comedy for those who think and a tragedy for those who feel.Horace Walpole Doubt all before you believe anything!Sir Francis Bacon
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