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re: Options Trading Thread
Posted on 8/23/23 at 11:55 am to LSUTIGERS74
Posted on 8/23/23 at 11:55 am to LSUTIGERS74
Can you be assigned on naked calls even if you don't have margin enabled?
If you open a position as sell to close, are you at risk here?
If you open a position as sell to close, are you at risk here?
Posted on 8/23/23 at 4:11 pm to Random MsState Fan
quote:
Can you be assigned on naked calls even if you don't have margin enabled?
If you open a position as sell to close, are you at risk here?
I’m a little confused. You’re talking about being short naked calls, but the transaction would not be in a margin account? I’m not aware that this would even be possible, not at any brokerage firm that I’m aware of. The risk on that trade is infinite, so a margin account and level 3 (or whatever the highest level is called at your brokerage) would be necessary.
And when you say “open a position as sell to close”… I don’t know what you mean. Sorry.
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