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Uncovered Put writing
The financial definition for Uncovered Put writing:
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,
Similar MatchesUncovered call writingUncovered call writing 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 optionsUncovered options See: Naked options
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