“Becoming Warren Buffett,” the Man, Not the Investor

Re:“Becoming Warren Buffett,” the Man, Not the Investor by ryankennedyio on Wednesday February 01, 2017 @04:45PM (#13545593)

The downvotes say it all, but don't ever write naked options. The strategy has positive expectancy, except every few years you lose >100% of capital, since the risk is almost unbounded.

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Re:“Becoming Warren Buffett,” the Man, Not the Investor by sokoloff on Thursday February 02, 2017 @03:36AM (#13549027)

I write naked puts almost every week. It's about the only way I buy highly liquid tech stocks nowadays. The risk is absolutely bounded, of course (and similar to buying a stock outright).

Naked options are not the problem; naked calls are, of course, far more risky and most investors are barred from writing naked calls on individual issues.

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Re:“Becoming Warren Buffett,” the Man, Not the Investor by brilliantcode on Thursday February 02, 2017 @11:41AM (#13551884)

I never write options. cash secured put/call options are buying not selling options.

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