Tastybite sized accounts are those with $2,500 - $25,000. Since naked positions tend to consumer a significant portion of buying power, these accounts are often limited from trading undefined risk strategies like naked puts, calls, strangles, and straddles.
One-way traders can work around these capital restraints is to buy options to define the risk. Turning a SPY short put into a put spread for example brings the average buying power from $2,500 to $450 while maintaining the same win rate.
Although buying the long options reduces the average P/L, these positions maintain very similar performance correlation and can be applied to all undefined risk trades.