Originally Posted by
Seneca Pilot
Naked puts can kill an account, especially if you are on portfolio margin. Always use a spread on the down side.
sure; if you’re writing naked puts on Amazon. But if you’re writing one on DAL with moderation, and you want assignment of shares, that’s a different story. So I wouldn’t go as far as saying all naked puts can kill your account. I often write naked puts for a better entry price to shares I want to own.