Sleeping with Naked Options

[zdreg]

How do traders with naked calls in Nvdia sleep tonight.
How do trader with naked puts in Snowflakes sleep tonight.?

 

[maxinger]

Take sleeping pills to go through the agonising sleep.

Then tomorrow add more naked call and naked put positions.

 

[tomas262]

roll the steamroller into further expiration

 

[zdreg]

roll the steamroller into further expiration

why? Taking losses is a hallmark of a good trader.

 

[jys78]

Same as any other position. Don't be stupid about it when you put it on. Plan the trade and trade the plan.

Being short NVDA calls naked into earnings in any size relative to your overall port would count as stupid.

 

[DeMurph]

One thing i learned from forex is to not be emotional and don't let emotion to take your control. we need to stay stable.

 

[Lord Darkseid]

When market opens at 9:30 is that when you cash out on the overnight short positions?

 

[KCalhoun]

I sleep with naked women instead.

 

[ETJ]

Adequate capital so you can adjust. Spreads instead of outright naked, but risk adjusted performance needs to be considered vs. not sleeping.
Keep in mind that multiple listed options are fairly efficient - so the returns reflect the risk. Don't assume the horrible event won't happen.

 

[maxinger]

I sleep with naked women instead.

Not a good idea.

When you wake up the next day,

your wallet will be naked.