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 Ultradot:
- Examples Applies to derivative products. Firm proprietary software that stores, and sends baskets of stock through SEAQ to either the NYSE or the curb for program trading uncovered call definition.
- Definition Underwritten Offering:
- Examples A purchase and sale uncovered call explain.
- Definition Underperform:
- Examples When a security is expected to, or does, appreciate at a slower rate than the overall market rate of performance uncovered call what is.
- Definition Underwriting Income:
- Examples For an insurance company, the difference between the premiums earned and the costs of settling claims uncovered call meaning.
- Definition Unqualified Opinion:
- Examples An independent auditor's opinion that a company's financial statements comply with accepted accounting procedures. Antithesis of qualified opinion uncovered call abbreviation.