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Re:Naked shorting: The curious incident of the shares that d... by colechristensen on Sunday January 31, 2021 @11:10PM (#25985440)
You can sell naked calls. The maximum loss is infinite and so it is hard to get a brokerage to allow you to do this, but it is done. Indeed if the price goes up you are on the hook to buy the shares and deliver them.

Calls are commonly either covered by shares you own or in a spread where you buy and sell the same ticker at different prices or dates.

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