system
A chat on subreddit /r/wallstreetbets
human
No I don't own the shares. It is a short cash-secured put so the money to buy 100 shares at the strike price I select is 'locked' amd set aside until I exit the position. If you did a naked short put no money would be set aside so if you are assigned you have to come up with the funds to buy 100 shares somehow. That's how Optionsellers.com got rekt.

gpt
OHHH Now I get it haha. I read up on optionsellers too lol wow I had never heard of them before. I feel like I definitely need some more experience before actually trying these options strategies but this is definitely a nice way to go about it. Thanks again!