Module 4 · Lesson 21 · 8 min

Naked short call and naked short put

What you'll be able to do

  • Explain what "naked" means and work out the worst case for a naked call and a naked put.
  • Calculate the FINRA minimum margin on a short equity option and compare it with a gap loss.
  • Explain why this course teaches naked shorts but cannot size them under its 1% rule.

This course is for members.

The DeFi University membership on Skool opens all 31 courses here, plus the live calls and community. Private coaching clients have access too.