OptionsPremiumJune 10, 2025

Writing Naked Puts: A Complete Guide

An interactive comprehensive guide to writing naked puts based on Mark D. Wolfinger's book. Learn the strategy, risk management, and practical implementation with an intuitive navigation system covering all aspects from basic concepts to advanced repair strategies.

Master the Art of Writing Naked Puts

Discover a conservative, profitable, and intelligent way to invest. This guide, based on Mark D. Wolfinger's “Writing Naked Puts,” demystifies a powerful options strategy.

A Bullish Strategy

Writing naked puts is a bullish strategy, but less risky than owning stocks outright. Profit if the stock rises, stays flat, or even drops slightly.

Two Primary Goals

Either earn income by collecting the option premium, or acquire stock you want to own at a discount to its current price. A win-win for the strategic investor.

Calculated Risk

Often mislabeled as “very risky,” this strategy is actually a conservative tool when managed properly. The real danger isn't the option, it's the risk-insensitive trader.

About the Book

This website is a summary of “Writing Naked Puts” by Mark D. Wolfinger. It's Volume 1 in “The Best Option Strategies” series, aimed at investors who understand basic options and want to add a powerful, profitable strategy to their arsenal.

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Educational Disclaimer

This content is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial professional before making investment decisions.

All investment strategies, including writing naked puts, involve risk of loss.