For Naked Position we have terms and definitions in 2 topics. The topics are Frauds and Scams and Investing.

A securities position that is not protected from market risk in any manner. For instance, the position of person who writes a call option without owning a long position in the underlying security, or writing a put option without having a short position in the underlying security.
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A securities position that is not protected from market risk in any manner. For instance, the position of person who writes a call option without owning a long position in the underlying security, or writing a put option without having a short position in the underlying security.
See Also: Covered Call Option; Covered Put Option; Long Position; Option Writer; Options; Put Option; Risk; Short Position; Underlying Security
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