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RCII - Rent-To-Own Income By Selling Naked Puts On Rent-A-Center
Rent-A-Center Inc.
When it comes to "cash-secured puts," the central concept is that you have enough money to buy a stock if put to you with a cash-secured put.
That is different from a naked put, which has no offsetting position, such as a short position, or lacks the requisite cash to purchase the stock if put to you.
We will nonetheless refer to this strategy as "naked" because we are not instituting a short position.
Do not sell naked or cash-secured puts against any random stock, at any random price, regardless of how enticing a big