> warning make sure they're covered and not naked Covered puts wouldn’t be net short. They're net neutral or positive as the puts expire worthless if the price

> warning make sure they're covered and not naked Covered puts wouldn’t be net short. They're net neutral or positive as the puts expire worthless if the price doesn’t drop. You can hedge your puts by buying some calls to limit the max exposure if the price rises. Buying puts would be a net short position.