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2.2. Naked Put

We know from Chapter 1, “The Four Basic Options Strategies,” that a Covered Call looks like a Naked Put. We won't repeat an entire section on the Naked Put (Section 1.4), but this is the natural place for the Naked Put to reside, so please refer to it now so you can compare it with the Covered Call. These are the two basic income strategies, although those without Level 3 account status won't be able to trade naked options strategies.

After you've reviewed the Naked Put again, please move on to the Bull Put Spread.


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