| 释义 |
Ratio writer Ratio writerAn option writer who does not own the number of shares required to cover the call options he or she writes.Ratio WriterA writer (seller) of a call option contract who does not own a sufficient number of shares of the underlying asset. That is, while some of the calls are covered, the ratio writer sells a certain number of naked options. Ratio writers carry less risk than naked writers but more than sellers who write only covered calls. |