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My position is very small, only 1 call. I don't want to be wiped out by any of my position, even if I am completely wrong.

You know selling the call is very risky So I only sell on the stocks that I can assume will be not taken over in M & A. Or I sell on ETF. It seems to me sell naked calls is safer than short selling the stocks directly.

However, the size of position is very important to me.
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