Getting Naked With Puts - Forbes.com
A short one on writing naked puts as a way of hedging into a stock position. Helps to have a bit of understanding as to how the options work (the 4 sides to the options market, etc.), but basically, you are looking to make a slight profit as you enter a stock position, or if the price of the stock trickles up, you continue to make a small profit from your naked puts as you wait for the price of the stock to drop a bit.
Found at Investor Trip
