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A comment on S&P 500 triggers 15-minute trading halt for the second time this week. Parent comment

Re:S&P 500 triggers 15-minute trading halt for the second ti... by odms on Thursday March 12, 2020 @12:14PM (#22558312)
The total risk is 2k. So, the puts could end up worthless at the expiry date.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by voidmain0001 on Thursday March 12, 2020 @12:53PM (#22558822)
"Naked selling of put options can be quite dangerous in the event of a steep fall in the price of a stock. The option seller is forced to buy the stock at a certain price. However, the lowest the stock can drop to is zero, so there is a floor to the losses." https://www.investopedia.com/ask/answers/050115/what-types-o...
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by sdinsn on Thursday March 12, 2020 @06:44PM (#22562747)
He's buying puts, not selling them.

You think market is going down: Buy puts, sell calls

You think market is going up: Sell puts, buy calls

Maximum loss when buying is only your investment.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by sirsar on Thursday March 12, 2020 @01:03PM (#22558944)
OP is buying puts, not selling them.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by outworlder on Thursday March 12, 2020 @02:28PM (#22560028)
"naked" "selling"

OP is doing neither.

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