
==Summary== Sourced from http://www.amazon.com/Age-Reason-Novel-Jean-Paul-Sartre/dp/0679738959/ref=pd_sim_b_2/104-8561382-4710308 ...
Found on
http://en.wikipedia.org/wiki/Naked_Put

A naked put (also called an uncovered put) is a put option where the option writer (i.e., the seller) does not have a position in the underlying stock or other instrument. If the option buyer doesn`t exercise on or before expiration, the seller keeps the option premium. Due to the risks involved, put writing is rarely used alone. Investors typica....
Found on
http://en.wikipedia.org/wiki/Naked_put
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