Hi everybody, I am currently playing around with Call Option and bear call spread only. I use bear call spread only when my call option gap down. I close my BOT leg only after I close my SOLD LEG or else I will be selling naked. Now that I've master this method, I am going to playing PUT OPTION. But I don't really understand PUT OPTION so I am going to understand it before putting real money for PUT OPTION. I am quite confuse about PUT OPTION...isn't it the same like selling naked? It's like you borrow from the broker at high price then sell it and then when market drop all the way, you buy back cheap price and return the broker. What is the difference between selling naked and PUT OPTION? Selling naked - unlimited risk cuz if the stock price goes up all the way, you could lose you whole account. PUT OPTION - Please kindly explain to me.