Traded Value
Total AssetsWhat are the benefits of naked call selling?
1. It makes you earn cabbage money but worry like you're earning drug money, thereby improving your mental fortitude.
2. If you profit, nothing happens; if you lose, you can buy 100 shares of the underlying stock to turn it into a covered call, and keep rolling until you break even.
3. It requires high margin, preventing you from having too much idle cash, offering you a chance to start from scratch at any moment.
Bobo: "Listen to me, if you're going short, don't buy puts, sell naked calls;
If you're bullish, don't buy the underlying stock, buy 0-day out-of-the-money calls;
If it's neither rising nor falling, don't just sit idle, sell both puts and calls:
Master what I've said above, and you'll make so much money that even your brokerage will call you in the middle of the night to ask you to close your positions."
$Invesco QQQ Trust(QQQ.US)
$SPDR S&P 500(SPY.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
