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Re: Writing Naked Puts & Calls - Risks
You all have valid points....how about I just stay away from them. This friend of mine is urging me to start writing these. I told him I'm just going to stick with the commodity trading...since I can make money (net profit) at it.
Options sounds like a whole new game that I don't want to get into. I tried to read McMillans book, but it gets boring for me.
Dalby brought up one point though on liquidity....that alone though is enough to keep me away.
Curious, do any of you possibly know anything about options on Crude Oil (Symbol: LO). Is this a big market?
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