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As a trader remember that short-selling in options can be dangerous to your
financial health and leave it to the traders with deep pockets because
if any position reverses than you will have nowhere to hide like it
is presently happening to the Reliance short traders.A naked put (also called an uncovered put ) is a put option contract where the option writer (i.e., the seller) does not hold the underlying position, in this case, a short equity position, to cover the contract in case of an assignment.
A naked call is an options strategy in which an investor writes (sells) call options on the open market without owning the underlying security. This stands in contrast to a covered call strategy, where the investor owns the underlying security on which the call options are written. Remember that no pice is high for a uptrending stock.
Remember to make use of best bank nifty option tips which gets you money irrespective of the condition of the market.
