Business / Finance / Naked Option Strategies: An unhedged strategy making exclusive use of one of the following: Short call strategy (selling or writing call options), and short put strategy (selling or writing put options). By themselves, these positions are called naked strategies because they do not involve an offsetting or risk-reducing position in another option or the underlying security. Related: Covered option strategies. Antithesis of covered option.
Naked Adjective Synonyms: stark naked, unclothed, undraped, bare, exposed, stripped, undressed, unclad, uncovered, bared, nude, in the nude, in the altogether, in one's birthday suit, in the buff, in the raw, au naturel, in a state of nature, starkers, in the nuddy
Naked Noun Synonyms: unaided, unassisted
Option Adjective Synonyms: choice, privilege, election, opportunity, chance
Option Noun Synonyms: choice, selection, alternative, recourse, opportunity, way out
Business / Finance / Option Margin: The margin requirement for options described in Regulation T and in brokers' individual policies. MORE
Business / Finance / Option Mutual Fund: A mutual fund that buys and sells options for aggressive or conservative investment. MORE