Definitions
There is 1 meaning of the phrase
Covered Option.
Covered Option - as a noun
A put or call option backed by the shares underlying the option
Example Sentences
"He bought a covered option on the stock market to protect his investment."
"The trader sold a covered option on the call to generate income."
"The covered option provided insurance against any potential loss."
"Investors use covered options to hedge against market volatility."
"She decided to exercise her covered option to buy the stocks at a fixed price."
