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Re: Google options up 17530%. could someone Explain this

ptrewhe...@gmail.com

You don't need a huge account, you just need approval for a certain
level of options trading. I don't write naked options, but I will
often "leg out" of a spread, leaving me with a naked put or call. It
only requires a margin account, and there are certain margin
requirements. If the stock moves against you, then you may get a
margin call, but you don't need a large amount of money.

a.grochol...@gmail.com wrote:
> pb4pmin... a couple of place I checked with wouldn't let me write
> naked options.  I didn't ask what it takes to do that, but I suspect
> that you need to have lots of money in your account.  Either way,
> Inashad was at least half right in that most normal people probably
> can't write naked options.