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Oct 27 17:07 pm
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All Comments by Krishna Srinivasan »Possible Outcomes of My Apple Purchase [View article]
> However, just understand that there's a night and day
> difference between covered call options and naked options.
A long stock plus a short call option (which is essentially the covered-call) has EXACTLY the same risk-reward ratio (or rather is synthetically equivalent) as a SHORT (aka naked) put. :)