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Glossary
- Write / Writer
To sell an
call
) or buy stock (in the case of a
put
) if the option is
assigned
. An investor who sells an option that he currently does not own is called the writer, regardless of whether the option is
covered
or [nakedoption.aspx">uncovered.
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Glossary definition courtesy of Glenn R. Pafumi, CFA at
OptionTraderOne
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OptionsBuddy.com's covered call data is provided for information purposes only and should not be used or construed as an indicator of future performance. The information is not a solicitation, an offer to buy or sell, or a recommendation for any security. OptionsBuddy.com does not guarantee the accuracy or completeness of the information, or the suitability or potential value of any particular investment. Request a prospectus before investing. The term 'play' refers to placing a trade order. Returns on Investment (ROI) are based upon the option bid and the stock last. OTM ROI's do not take into account commission costs or loss of profit from options being excersized.
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