I have to think about this. On the surface, it looks good.
If you were to put a ridiculously low buy limit on a stock, then if it hit that level your trade would execute.
If you were to sell a put at that ridiculously low price, then you would get the payment for the 'put'. If the stock hit that level (& the sold put was exercised) then you would get your stock & be paid for buying it. Is that right?
And, isn't that the naked 'put' that is so discouraged? Do I have that right?
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