I am a futures trader so bare with my ignorance of options. #1. When selling a call and a put this is called? and is it naked? Three weeks ago, I sold the 113 strike call @ about a buck and sold the 105 put at about a buck #2. What if I don't want to wait for expire and close the position now assuming it was a real trade and I had 100 lots or more maybe 500 of each, could I ...