I am not naked, though. If you sell a call without having the underlying stock you are making a naked call. While in my case, I am only buying calls. All I can lose is my premium.
Talking about timing, think how many people are doing day trading & T can make multiple trades within a day. Month trading is so much looser.
If you sell a call without having the underlying stock you are making a naked call. While in my case, I am only buying calls. All I can lose is my premium.
