NAKED OPTION STRATEGIES


Meaning of NAKED OPTION STRATEGIES in English

An unhedged strategy making exclusive use of one of the following: Short call strategy (selling or writing call options), and short put strategy (selling or writing put options). By themselves, these positions are called naked strategies because they do not involve an offsetting or risk-reducing position in another option or the underlying security . Related: covered option strategies. Antithesis of covered option .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.