Treasury Bonds: Treasury Bonds (or T-Bonds) are Long-term (more than ten years) obligations of the U.S. government that pay interest semi-annually until they mature, at which time the principal and the final interest payment is paid to the investor.
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Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.