HyperDic: covered_option

English > 1 sense of the expression covered option:
NOUNactcovered optiona put or call option backed by the shares underlying the option
English > covered 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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