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Uncovered put options
A short put option in which the seller (writer) does not have a corresponding short stock position or has not deposited in a cash account cash or cash equivalents to cover the potential exercise of the put.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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