HyperDicEnglishCOVE ... covered option

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Related WikiPedia: covered option
English 1 sense of the expression covered option:
NOUNactcovered optiona put or call option backed by the shares underlying the option
Englishcovered option: 1 sense noun 1, act
MeaningA put or call option backed by the shares underlying the option.
BroaderoptionThe right to buy or sell property at an agreed price
Spanishopción cubierta
Catalanopció cuberta

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