Suppose you want to sell naked options on a bitcoin miner like MARA or RIOT. Could you hedge by also buying some bitcoin at a broker, or COINBASE? You would have to be very very explicit, showing a diary of your thoughts and actions, theoretical background and references, specific trades, margin requirements, the denouement of each leg.  

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Heres a detailed hypothetical scenario of how you might go about selling naked options on a Bitcoin miner like MARA or RIOT while hedging with Bitcoin ... View the full answer