For Uncovered Option we have terms and definitions in 3 topics. The topics are Frauds and Scams, Investing and Options.

Industry lingo for call or put options that are written and not covered or have another position that will limit their liability.
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Industry lingo for call or put options that are written and not covered or have another position that will limit their liability.
See Also: Naked Option; Options; Short Position; Uncovered Call Option; Uncovered Put Option; Underlying Security; Writing Naked
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A written option is considered to be uncovered if the investor does not have an offsetting position in the underlying security. See also Covered.
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