| / English Dictionary |
NAKED OPTION
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A put or call option for which the seller or buyer has no underlying security position
Classified under:
Nouns denoting acts or actions
Hypernyms ("naked option" is a kind of...):
option (the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited)
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