Meaning 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 underlying stock. If the buyer of a call exercises the option to call, the writer would be forced to buy the asset at the current market price. Also called a "naked" asset
More terms such as Uncovered call in Dictionary U.
- Definition Underpricing:
- Examples Issuing securities at less than their market value uncovered call definition.
- Definition Unit Benefit Formula:
- Examples Method used to determine a participant's benefits in a defined benefit plan. Involves multiplying years of service by the percentage of salary uncovered call explain.
- Definition Uncollectible Account:
- Examples An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay uncovered call what is.
- Definition Unearned Income (Revenue):
- Examples Income received in advance of the time at which it is earned, such as prepaid rent uncovered call meaning.
- Definition Uninsured Motorist Insurance:
- Examples Insurance that covers the policyholder and family if they are injured by a hit-and-run or uninsured motorist, assuming the other driver is at fault uncovered call abbreviation.