Short Selling Puts: a fantastic utopia?

[crgarcia]

Without getting into the eternal debate of buying calls vs. selling puts;

Most brokers wont allow you to short puts at all, and those who do will require you huge amounts of collateral, thus reducing the leverage found in options.

So, shorting puts its just an utopia, a text-book concept, hardly achievable in the REAL world, by the average Joe?

 

[nkhoi]

shop for broker allows you to do it, try TOS or optionexpress

 

[Bowgett]

Any decent broker allows to do it without tons of capital. I love fridays when my short puts expire worthless.

 

[atticus]

There are literally dozens of retail brokers offering reg t minimum. Some of the better ones:

IB
TOS
Optionshouse
Optionsexpress
RF Lafferty

 

[timbo]

Quote from atticus:

There are literally dozens of retail brokers offering reg t minimum. Some of the better ones:

IB
TOS
Optionshouse
Optionsexpress
RF Lafferty

Are you saying TOS is one of the better ones?

I'm not trying to start anything. Really

 

[commiebat]

You can also write puts synthetically by writing covered calls, which for most brokers is the first baby level of option permissions.

But yeah, IB lets me write naked all the time.

 

[Bowgett]

Quote from commiebat:

But yeah, IB lets me write naked all the time.

IB lets me write naked, read naked and swim naked too...

 

[El OchoCinco]

Quote from timbo:

Are you saying TOS is one of the better ones?

I'm not trying to start anything. Really

TOS is certainly one of the best out there IMHO.

 

[timbo]

Quote from optioncoach:

TOS is certainly one of the best out there IMHO.

I don't have anything against TOS, but it's been hilarious to watch arb ramp on them at mio.

 

[atticus]

Quote from timbo:

Are you saying TOS is one of the better ones?

I'm not trying to start anything. Really

lol. I needed a list.