I've been doing a lot of studying, most of the basics and stuff I have done, and am much more familiar with than when I first started. I have a question though. I myself don't have the desire to actually purchase any stock (covered), although I do want to trade options in the future (nakedly), I guess. This means that I can only buy Calls and Puts, without the option of selling them unless I decide to buy, sell stock.... (in case they are exercised) correct??? or? I was enlightened an hour or so ago, I completely thought otherwise before.