主题：【原创】一个增加信托基金收益的玩法 -- 倥偬飞人

If you do not have the underlying stock, in our case AAV, and you short the puts, you will pay the full strike price of the underlying stock when the puts are exercised, and at the same time you are missing all the dividends during this period.

If you own the underlying stock AAV already, you will collect the dividends every month, and when the puts are worth being exercised, you have your stocks/assets in place to back up - actually in this scenario you just buy back the puts if they are indeed in the money at that time.

Will this happen to shorting puts when you have AAV units? I am confident this will not happen and that's why I am doing it.

So it is not necessary to make "naked" a "sexy" issue.