top | item 24378583 (no title) brendawalsh | 5 years ago Are your Puts naked? discuss order hn newest DarmokJalad1701|5 years ago Long puts don't need collateral. Since he said "BTO" instead of "STO", naked or not is not applicable. edoceo|5 years ago BTO = Buy to Open (open the position)STO = Sell to OpenWhen selling calls, you want to hold the underlying, else you're naked. When selling puts your coverage is cash
DarmokJalad1701|5 years ago Long puts don't need collateral. Since he said "BTO" instead of "STO", naked or not is not applicable. edoceo|5 years ago BTO = Buy to Open (open the position)STO = Sell to OpenWhen selling calls, you want to hold the underlying, else you're naked. When selling puts your coverage is cash
edoceo|5 years ago BTO = Buy to Open (open the position)STO = Sell to OpenWhen selling calls, you want to hold the underlying, else you're naked. When selling puts your coverage is cash
DarmokJalad1701|5 years ago
edoceo|5 years ago
STO = Sell to Open
When selling calls, you want to hold the underlying, else you're naked. When selling puts your coverage is cash