Naked Options - Short Options

When a user sets up AutoTrading and the strategy trades options, the user is given the choice whether to allow "Short option sales." If the user does not select that he wants this, no short options can be sold.

 

Preventing short option sales on the screen above will prevent all selling of options for the strategy. This includes preventing of "naked short" options, but it will also prevent covered short sales and the short component of any multi-legged option spread.

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