Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I mostly agree with what you wrote, however:

> Writing naked options carries huge potential downside, unlimited in the case of naked calls.

The same unlimited potential downside exists when shorting a stock.

But you have to be a pro to get away from the risk & margin checking. (Unfortunately, it's actually possible to do that, and most pros do). And until you've escaped from it, the downside is limited to not much more than what you have put down as margin.



Good point. As you said above, it's the leverage.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: