Is There Any Advantage to Naked Call Selling?

>>1768203
whats your plan when it goes against you?
what is your stop loss strat on your current short strat?

>>1768296
for my short strategy i hedge it against being called with my long equity main account position, which is 20X the size of the short

i guess i would bail if i took like a 50% hit on the short. so far i am up about 20% so im not too worried about that short or long term

im not actually sure how margin calls on uncovered call selling works. would i be forced to buy the 100 shares of the option if it goes too red? i know there's no theoretical upper limit to the loss but realistically with just month from expiration it can't hurt me that badly even if it doubles in that time (100% loss). unless i am misunderstanding?

>>1768330
it was more a rhetorical question for u, for example you should know everything about expiring in the money/ margin issues with your broker etc .
if u have 20x equity position why not just do covered calls on spy etc

>>1768342
>if u have 20x equity position why not just do covered calls on spy etc

i actually short volatility so it's a bit harder, because holding volatility instruments long, they always degenerate except on those days they explode upwards, so it's a painful covering, you're right though i'll talk to my broker about what happens in extremis

>>1768357
u just long xiv or svxy?

Options provide a better vehicle for speculation in the market. So yes, I would start learning how to use them effectively. For example, even selling a put against your short positions would instantly improve your cost basis.

When you sell options you limit your gains but improve your probability of profit.

when the stocks below 5 so you can't short it, it can definitely come in handy