Are naked puts really this safe????

What a poetic and fitting final reply to the op's original question.

And while those who got in early saw their 100% gains trimmed to 20%, those who got in later lost quite a bundle.

 

ace lost 50 percent this month.

whacked on the calls and puts.

 

Spot on. I am sure there are some selling naked puts doing fine (losing money but limited losses and surviving), but the way this fund advertised it as though it was little or no risk was a perfect set up for them to get their asses handed to them. I want to see them explain these losses to the investors who saw their own portion dive into huge losses (i.e. not those who got in the beginning but later on).

 

well now - how we feelin about them there naked puts now cowboy?

 

yesterday was a case for spreads.

 

Which spreads would have been your picks of the day?

Regards

Johno

 

i am not reading your post but if your asking on a website about it you should not be in it. naked options are not for the small guy.

 

Which option markets are most liquid for this type of strategy?

ES, ZN, or CL?

 

any spread less than 40 points would have had a decent vega hedge.

 

we can all be content in quiet satisfaction now that such expertise has been bestowed.