Is each broker different on this issue?? I don't believe any broker can offer margins on options or even stocks. How "naked" can you be?? Have the rules changed over the years? Thanks in advance...Cabin PS I may has asked this a few years ago...The mind goes as you get older.
The full gamut from just covered-writes at some all the way to writing naked calls at Tasty. A lot depends on having or manufacturing a friendly trustee. Cash secured will always be an issue.
I know you can do the option synthetic so they must have located a trustee. This when everybody here becomes a security's attorney.
Tasty allows shorting in non tax-deferred accounts. If you are short calls in a tax-deferred account and they exercise you will end up having a short position but Tasty will require you to close that position within 1 day or they will close it out for you. I have had an early assignment of short calls in a tax-deferred account so I have experienced this. Tasty is excellent at communicating these things via email so it is easy to manage. I think this is what you were looking for.