>>Add that to the fact that there are experts out there with big money who can easily afford the risks on both sides. Doesn't it stand to reason that they will drive down the price of an overpriced option? >Obviously if it is true that selling naked options is a bad play it would be because of the rare calamity that would befall the naked seller. >But because of its rarity, meaning that the great majority of naked sales show a profit, might it not be that this widespread belief that selling naked options is positive EV, is in fact wrong? > I believe we have readers out there who KNOW the right answer to this question and I hope they tell us.