Naked Option Trading

Discussion in 'Nudism, Naturism' started by Lester Izmoore, Aug 10, 2020.

  1. Lester Izmoore

    Lester Izmoore Members

    Messages:
    281
    Likes Received:
    392
    In investing, a naked option refers to a very risky trading strategy by which you can lose much more money than you invested.

    I am four years retired now, but still feel the need to do something that feels like work each weekday. So I sit in my tv room with my iPad in my lap and trade securities. Since I got back from vacation about six weeks ago, I’ve been doing it naked — researching price-to-earnings ratios and sipping my coffee, while feeling the seat of my easy-chair gently caressing my scrotum. Any other naked securities traders out there?

    BTW for my fellow securities traders: trading options naked is a fine way to do it. But don’t trade naked options — it’s way too dangerous.
     
    Mobius_Stripped likes this.
  2. bft4evr

    bft4evr Senior Member

    Messages:
    15,034
    Likes Received:
    6,856
    Sounds like you could lose your shirt...

    But wait you already have. :)
     
    Granite69 and Lester Izmoore like this.
  3. Lester Izmoore

    Lester Izmoore Members

    Messages:
    281
    Likes Received:
    392
    It’s hard to tell what is cause-and-effect, what is merely correlation, and what is, as King Solomon observed, “Time and chance happeneth to them all.” Eccl 9:11. In the months just before I went on vacation, my portfolio performance was in the toilet. Since I returned and began trading naked, I’ve recovered nearly all of my losses from earlier this year. But that has also been what the market in general did. And I have NOT outperformed the market this year. But I have to say, it’s way more fun to trade naked. And with less than one quarter in the books of doing it this way, it’s too early to tell if there’s any correlation between trading naked and portfolio performance. In the long run, it could still pay off big.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice