Short Selling Puts: a fantastic utopia?

Discussion in 'Options' started by crgarcia, Oct 4, 2007.

  1. Without getting into the eternal debate of buying calls vs. selling puts;

    Most brokers wont allow you to short puts at all, and those who do will require you huge amounts of collateral, thus reducing the leverage found in options.

    So, shorting puts its just an utopia, a text-book concept, hardly achievable in the REAL world, by the average Joe?
     
  2. nkhoi

    nkhoi Moderator

    shop for broker allows you to do it, try TOS or optionexpress
     
  3. Bowgett

    Bowgett

    Any decent broker allows to do it without tons of capital. I love fridays when my short puts expire worthless.
     
  4. There are literally dozens of retail brokers offering reg t minimum. Some of the better ones:

    IB
    TOS
    Optionshouse
    Optionsexpress
    RF Lafferty
     
  5. timbo

    timbo

    Are you saying TOS is one of the better ones?

    I'm not trying to start anything. Really:D
     
  6. You can also write puts synthetically by writing covered calls, which for most brokers is the first baby level of option permissions.

    But yeah, IB lets me write naked all the time.
     
  7. Bowgett

    Bowgett

    IB lets me write naked, read naked and swim naked too... :p
     
  8. TOS is certainly one of the best out there IMHO.
     
  9. timbo

    timbo

    I don't have anything against TOS, but it's been hilarious to watch arb ramp on them at mio.
     
  10. lol. I needed a list.
     
    #10     Oct 4, 2007