BANK GUARANTEE LETTER - Is a document by which an approved bank certifies that an put option writer or ...
BANK HOLDING COMPANY - A company that owns or controls one or more banks or companies associated with b...
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond for which a firm other than the issuer guarantees its interest and principal payments.
Bank Guarantee Letter
The document furnished by a bank certifying that a put writer has enough funds on deposit at the bank to equal the aggregate exercise price of the put.
See: Exercise Price; Options; Put Option ...
BANK GUARANTEE LETTER " The document supplied by an approved bank in which the bank certifies that a put writer has sufficient funds on deposit at the bank to equal the aggregate exercise price of the put.
Guarantee Letter
Letter issued by a bank guaranteeing aggregate payment if a put option is exercised and an assignment notice is presented to the option writer. A guarantee letter covers the put writer thereby making it a covered put.
Put guarantee letter
A bank's letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required.
The ratio of the volume of put options traded to the volume of call options traded, which is used as an indicator of investor sentiment (bullish or bearish).
Put guarantee letter ...
Guarantee letter
Guaranteed Bond
Guaranteed insurability
Guaranteed insurance contract
Guaranteed Investment (Interest) Certificate - GIC
Guaranteed investment contract
Guaranteed Investment Contract - GIC
Guaranteed Mortgage Certificates ...
Depository trust receipt: A written guarantee that can be used for money or stock, and to cover either calls or puts. Unlike escrow receipts or bank guarantee letters, which can only be used once, ...
In the case of put options, writers are naked if they do not either have a short position in the underlying security, a bank guarantee letter, ...
guarantee letter A letter from a commercial bank guaranteeing payment of the exercise price of a client's put option if and when it's exercised.
 See also: Exercise price, Banks, Margin account, Expense, Long position
  
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