system
A chat on subreddit /r/wallstreetbets
human
Having cash to pay for it isn't coverage. Hit up Investopedia my man, the whole point of coverage in the investing world is to avoid a heavy cash loss.

gpt
Oh thanks! I was using that wrong. 
  
 edit: I was confusing covered puts with cash-covered puts, seems to me that covered puts are just the opposite of covered calls, which makes sense