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.
I got margin called bigly back in early COVID times. It took me six months to dig out of the hole, but I have dug out and a lot more. I hear what you are saying, and trading on margin isnt for the faint of heart, but I stick to my statement that all that exotic spreading/ straddles etc etc etc is a waste of time and limits your profits. dyodd, ymmv, etc etc