covered option


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Related to covered option: Covered put, covered call option
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Noun1.covered option - a put or call option backed by the shares underlying the option
option - the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
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Finally, also covered option on selective outsourcing of infrastructure and platforms.
The American Academy of Family Physicians, which had urged Medicare officials to add the HPV test as a covered option for cervical screening, praised the decision.
Finally, also covered option on the selective outsourcing of infrastructure and platforms.