> Yes puts or calls can get you liquidated by swings. No, when buying puts/calls, you can't get liquidated by swings. The worst that can happen is that they ex

> Yes puts or calls can get you liquidated by swings. No, when buying puts/calls, you can't get liquidated by swings. The worst that can happen is that they expire worthless. They could get liquidated if you borrowed money to trade them, but that's not in the nature of the put/call, that's in the nature of borrowing money to trade. In this specific instance, I understand the author bought puts with actual money, and there's no way he could get liquidated by whatever swing.