Skip to main content

Short Call (Naked Call)

High-risk strategy collecting premium with unlimited upside risk.

Beginner

Market Outlook

bearish

Family

single-leg

Capital Req

high

Risk Profile

high

Strategy Overview

Key characteristics and when to use

Structure

Sell Call

Greek Profile

Negative delta, positive theta, negative vega

Characteristics

CreditBearishFoundationHigh Risk

Profit & Loss Formulas

Mathematical breakdown

Max Profit

Premium received

Max Loss

Unlimited

Breakeven

Strike price + premium received