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uncovered option Finance Definition
An option position in which the writer doesn’t own the underlying securities. If the option is exercised, the writer has to purchase the underlying securities in the market, which may result in a loss. Also called naked option.

Browse dictionary entries near uncovered option

  1. ‹ uncovered
  2. ‹ uncover
  3. ‹ uncovenanted
  4. ‹ uncouth
  5. ‹ uncouple
  6. ‹ uncounted
  7. ‹ uncork
  8. ‹ uncool
  9. ‹ unconventional
  10. ‹ uncontrolled
  1. uncreated ›
  2. uncritical ›
  3. uncross ›
  4. uncrowned ›
  5. unction ›
  6. unctuous ›
  7. uncurl ›
  8. uncus ›
  9. uncut ›
  10. und so weiter ›