FT MarketWatch

Uncovered call

A short Call option Position in which the Writer does not Own the corresponding number of shares of the Underlier, or has not deposited in a cash Account an amount equal to the Exercise value of the call. also called Naked call. opposite of Covered call.

Related Terms: 18 Account, Cash, Call, Cash account, Call option, Covered call, Cover, Exercise, Naked call, Option, Own, Position, PPO, Share, Short, Underlier, Write, Writer
Other Related Pages: Category: Options Starting With: U
Additional Related Terms: 10-Q, 10-K, Account, Account statement, Account aggregation, Account balance, Active account, Alternate account, Asset management account, Accreted value