| 单词 | naked call writing |
| 释义 | naked call writing Selling (writing) a call option on equities that one does not own. A person may do this if he or she expects the price of a particular share to fall or remain unchanged. It is, however, a dangerous strategy because if the price rises the shares will have to be purchased at the market price in order to deliver them, thus involving an unlimited risk. Compare: |
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