covered option


Also found in: Dictionary, Financial.
Related to covered option: Covered put, covered call option
  • noun

Words related to covered option

a put or call option backed by the shares underlying the option

Related Words

References in periodicals archive ?
Each fund seeks to pursue this objective by using the Kelmoore Strategy(R), which combines the purchase of high-quality stocks with the sale of Covered Options against those stocks to generate these gains.
SAN FRANCISCO -- MCF Asset Management, LLC, a wholly owned subsidiary of MCF Corporation (NASDAQ:MERR), today announced that it has hired Matt Kelmon to serve as managing director and to launch a new covered options investment strategy.
He also covered options for going around the West's sanctions on Iran for boosting bilateral trade.
Today, The Sidewinder Report covered options trading in the following securities:
Their covered options strategy is a source of cash flow, which is a growing need in today's financial environment," Schilffarth says.