9 Terms
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General Finance
Industry: Financial services
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General Finance
uncovered call writing
Financial services; General Finance
A short call option position in which the writer does not own an equivalent position in the underlying security represented by his option contracts.
uncovered put
Financial services; General Finance
A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the ...
uncovered put writing
Financial services; General Finance
A short put option position in which the writer does not have a corresponding short position in the underlying security or has not deposited, in a cash account,
underbanked
Financial services; General Finance
When an originating investment banker cannot find enough firms to underwrite a new issue.
underbooked
Financial services; General Finance
Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period.
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