Glossario di economia e finanza. 2011.
Uncovered Option — A type of options contract that is not backed by an offsetting position that would help mitigate risk. “Trading naked”, as it is called, poses significant risks. However, an uncovered options contract can be profitable for the writer… … Investment dictionary
uncovered call — A short call option position in which the writer does not own shares of underlying stock represented by the option contracts. Uncovered calls are much riskier for the writer than a covered call, where the writer of the uncovered call owns the… … Financial and business terms
uncovered put — A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents ( cash equivalent items) equal to the exercise value of the … Financial and business terms
Option Adjustable-Rate Mortgage - Option ARM — A type of mortgage where the mortgagor (borrower) has several options as to which type of payment is made to the mortgagee (lender). In addition to having the choice of making payments of interest and principal that amounts to those made in… … Investment dictionary
Uncovered call — A short call option position in which the writer does not own shares of underlying stock represented by his option contracts. Also called a naked call, it is much riskier for the writer than a covered call, where the writer owns the underlying… … Financial and business terms
Uncovered put — A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the put. Also called naked puts, the writer has… … Financial and business terms
uncovered call writing — A short call option position in which the writer does not own an equivalent position in the underlying security represented by his option contracts. Bloomberg Financial Dictionary … Financial and business terms
uncovered put writing — A short put option position in which the writer does not have a corresponding short position in the underlying security or has not deposited, in a cash account … Financial and business terms
uncoveredoption — uncovered option n. See naked option. * * * … Universalium
naked — When an option writer writes a call or put without owning the underlying asset. The CENTER ONLINE Futures Glossary The position of an option holder who does not also own an offsetting position in the underlying. For example, an investor who sells … Financial and business terms
