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I hope everyone had a Merry Christmas and are having a Happy New Year.
\\nI decided to make a simple podcast to explain what a naked put option is to help the new options traders. I\'ve received questions asking if I can go over these types of options and kind of explain them for the newbies.
\\nYou\'ve probably heard that options are risky and they have unlimited risk. Well today I\'m going to dive into what a naked put option is and how risky they are.
\\nAlso, I\'m going to hit these questions as well:
\\n1. How do you trade them?
\\n2. Can you get out of the trade if it goes against you?
\\n3. How long are the trades?
\\n4. When do I take the trade off?
\\n5. How can I manage the trade?
Daily Recap:
\\n\\nIf you have any questions, hit me up at https://anchor.fm/realfinancialsuccess/message
\\nIf you\'d like to support my work and help me continue to bring you content for your financial success consider donating at https://anchor.fm/realfinancialsuccess/support
\\nFind me on YouTube and subscribe at https://bit.ly/34QbgHH
\\nListen and Enjoy! Chris Gunnels
\\nTasty Works link: https://bit.ly/3nW0sPG
\\nMUSIC ============================= https://www.bensound.com https://www.bensound.com/licensing
\\nLicensed under Creative Commons - Attribution - NoDerivs 3.0 Unported
\\nEnd Screen Video ============================= https://www.videvo.net/video/flying-through-palm-trees-along-beach/6471/Videvo Attribution License (Free)
\\n\\n--- \\n\\nSend in a voice message: https://podcasters.spotify.com/pod/show/realfinancialsuccess/message\\nSupport this podcast: https://podcasters.spotify.com/pod/show/realfinancialsuccess/support'