12-17-2013, 07:18 AM
(12-16-2013, 09:26 PM)Kerim Wrote: Thanks NilesMike. Maybe I'll watch it a bit before jumping in. Naked puts are a little exotic for me, I think.
Not specifically Ford related, but why is selling a naked put exotic to you?
Strategically it is similar to being long stock stock. The difference being your gain is capped and you may own the stock at a better price than if you just went long the stock.