To move to an option position with a lower exercise price.
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Comptroller of the Currency
Comptroller of the Currency A government official, appointed by the president, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers.
Controlled commodities
Controlled commodities Commodities regulated by the Commodities Exchange Act of 1936 in order to prevent fraud and manipulation in commodities futures markets.
Controlled disbursement
Controlled disbursement A service that provides for a single presentation of checks each day (typically in the early part of the day).