Naked strategies definitions

Naked strategies

Writing an option without owning the underlying asset. Holder is naked because holder may have agreed to sell something not owned.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm

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Naked Strategies

Writing an option without owning the underlying asset. Holder is naked because holder may have agree
Found on http://www.encyclo.co.uk/local/22402

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