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Covered Option

nounverified·updated May 18, 2026

a put or call option backed by the shares underlying the option

Framework senses

Wordset Dictionary1 senseview framework →
§1
a put or call option backed by the shares underlying the option
Legacy lexicon import1 senseview framework →
§1 · legacy_primary
a put or call option backed by the shares underlying the option
DR-088 backfill from the noun definition column