NAKED CALL
\nˈe͡ɪkɪd kˈɔːl], \nˈeɪkɪd kˈɔːl], \n_ˈeɪ_k_ɪ_d k_ˈɔː_l]\
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By not owning the underlying asset and having the call's exercise value amount deposited n a cash account the option writer has this specific type of exposed short call trading position. Contrast to covered call. Also known as uncovered call.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.