Covered position


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Covered position

Use of an option in a trading strategy in the underlying asset which is already owned.
Mentioned in ?
References in periodicals archive ?
The first frame consists of a fully covered position for 1.
One of the injured Marines was able to hobble to a covered position, as Fonseca carried the fifth critically injured Marine over dangerously exposed open ground.
Under the terms of the settlement, the employees described above will be entitled to monetary payments, the amount of which will vary based on length of employment with Wells Fargo in a covered position, specific position held, salary, and whether the employee worked in California (where the recovery would be greater) or elsewhere.
Following the gun firing, retrograde to the covered position must also be practiced as the two events will need to happen very quickly, without damaging the vehicle's gun tube by ramming it against any covering structures.
Rob's next stop was a highly covered position on the "Slow Graffiti" team led by Laura Howard, which also included such notable directors and creators as David O.