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 th...
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosu.htm
A short call option position in which the writer does not own shares of underlying stock represented by his option contracts. Also called a 'naked' call, it is much riskier for the writer than a covered call, where the writer owns the underlying stock. If the buyer of a call exercises the option to call, the writer would be forced to buy the stock ...
Found on
http://www.encyclo.co.uk/local/20047
An account which cannot be collected by a company because the customer is not able to pay or is unwi
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
