Uncovered call writing

Uncovered call writing
A short call option position in which the writer does not own an equivalent position in the underlying security represented by his option contracts.
Uncovered options
See: Naked options ...

See Uncovered call writing and Uncovered put writing.
Named perils insurance
An insurance policy that names specific risks covered by the policy.
NASD form FR-1 ...

Naked writer
See Uncovered call writing and Uncovered put writing.
Named perils insurance
An insurance policy that names specific risks covered by the policy.

The potential loss of uncovered call writing is unlimited. However, writing uncovered calls can be profitable during periods of declining or generally stable stock prices, ...

Naked writer
Definition: [crh] See Uncovered call writing and Uncovered put writing.

The most advanced level an option account can be approved for is uncovered call writing. The requirements necessary to trade in an option account of this level are more stringent.

See also: Uncovered Call, Uncovered put writing, Public offering price, Redeemable, Banks