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Using a naked put strategy, you sell put options on a stock you do not own, and earn the premium income if the option expires worthless.

A naked put involves writing a put option without the reserved cash on hand to purchase the underlying stock. This strategy entails a great deal of risk and relies on a steady or rising stock。

A short put (AKA naked put/uncovered put) is a bullish-outlook advanced option strategy obligating you to buy stock at the strike price if the option is assigned.

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