Short (Naked) Put | The Four Basic Options Strategies | InformIT - Exit naked put

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I only started selling naked puts a few months ago, so my it is natural that my strategy is going to change. At first I thought I would only sell. I have a naked put that is making money right now but I fear my stock will drop before expiration to my strike price. Can I buy to close the put.

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Comments:

By Kigar - 13:11
A naked put is an options strategy in which the investor writes, or sells, put options without holding a short position in the underlying security.
By Goltirn - 04:35
A naked put involves writing a put option without the reserved cash on hand to the investor would most want to exit: when the stock moves sharply downward.
By Tauran - 23:07
A short put (AKA naked put/uncovered put) is a bullish-outlook advanced option That will decrease the price of the option you sold, so if you choose to close.
By Mokree - 00:05
Hello Everyone, With part of my portfolio I write naked puts as part of a monthly income producing strategy. I am struggling with exits and hoping.

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