What is the meaning of naked option?

noun

  • A put or call option for which the seller or buyer has no underlying security position. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). Naked option. Retrieved September 28, 2026, from http://smartdefine.org/naked_option/definitions/1188895
ChicagoWordNet. 2010. "Naked option" http://smartdefine.org/naked_option/definitions/1188895 (accessed September 28, 2026).
HarvardWordNet 2010, Naked option, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/naked_option/definitions/1188895>.
MLAWordNet. "Naked option" 23 October 2010. Web. 28 September 2026. <http://smartdefine.org/naked_option/definitions/1188895>
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