[brendawalsh]

Are your Puts naked?

[DarmokJalad1701]

Long puts don't need collateral. Since he said "BTO" instead of "STO", naked or not is not applicable.

[edoceo]

BTO = Buy to Open (open the position)

STO = Sell to Open

When selling calls, you want to hold the underlying, else you're naked. When selling puts your coverage is cash