原帖由 biorjin 于 2008-10-20 00:19 发表
He is proposing naked short SPY PUT for which you have to use margin.
If it is a small position, it is fine. If big position taken and market dropped big, he might get a margin call.
&n ...
原帖由 biorjin 于 2008-10-20 00:19 发表
He is proposing naked short SPY PUT for which you have to use margin.
If it is a small position, it is fine. If big position taken and market dropped big, he might get a margin call.
&n ...
Don't think it is a good strategy at this time. You don't know where will be the bottom. If the market has a hugh down turn like we just experience last two weeks, the IV will be so high and you naked short put will have a hugh loss which could be unlimited theoretically.