what is a naked put 
a naked put is an options strategy in which the investor writes or sells put options without holding a short position in the underlying security a naked put strategy is sometimes referred to as an uncovered put or a short put and the seller of an uncovered put is known as a naked writer the primary use of this strategy is to capture the option s premium on an underlying security forecast as going higher but one which the trader or investor would not be disappointed to own for at least a month or maybe longer 