To eliminate a long or short position, leaving no ownership or obligation.
Similar Matches
Covered position
Covered position Use of an option in a trading strategy in the underlying asset is already owned.
Covered position
Covered position Use of an option in a trading strategy in the underlying asset is already owned.
Discretionary Proposition
Discretionary Proposition A proposal on a proxy card that brokers can cast in favor of management if they have not yet heard from the beneficial holder ten days before the annual meeting. See: Ten-Day Rule