Uncovered Options Trading System
Liquidation: Liquidation (also called Offset) stands for closing out of a long position. The term is sometimes used to denote closing out a short position (cover short position), but this is more often referred to as covering.
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Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.