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Glossary > N > "Naked" Definition

Naked

An uncovered position such as the position of a writer of an option which is not covered by an opposite position in the underlying instrument (for example shares, commodities etc).

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Naked - An uncovered position such as the position of a writer of an option which is not covered by an opposite position in the underlying instrument (for example shares, commodities etc).

Naked : an uncovered position such as the position of a writer of an option which is not covered by an opposite position in the underlying instrument (for example shares, commodities etc).