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A speculative option strategy that involves selling call or put options on stocks that are believed to be overpriced or underpriced; the options are expected not to be exercised.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


An option strategy that involves writing more option contracts than the writer expects to have exercised. A writer overwrites contracts in order to collect the premiums. He/she chooses the securities underlying the contracts based on whether they are overvalued or undervalued. One overwrites calls if one believes that the underlying securities are overvalued because one expects a price correction that will result in the calls going out-of-the-money. For the same reason, one overwrites puts if one believes that the underlying securities are undervalued.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


In options trading, the writing of more options than one expects to have exercised. Investors overwrite call options because they consider the underlying stock overvalued. Investors overwrite put options because they consider the underlying stock undervalued.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In addition to overwriting data, these packages usually offer other features, including removing applications, duplicate files and fragmented data, to optimize your hard-drive space.
Finally, the phrasing "absorbing and revisiting the soul of the place - and the unseen souls who still trudge through here" is classic, mawkish overwriting and should be cut.
And overwriting the final file using a security program will not eliminate the previous copies of the document.
"This explains why overwriting in Kasab's case was done," Nikam added.
The software scrambles the file by overwriting the data with random characters that make it impossible to retrieve.
The product offers several methods for overwriting data, including simply writing zeroes to the disk, writing combinations of ones and zeroes and multiple overwriting with random patterns and zeroes.
For example, what controls normally prevent the entry of invalid data or the accidental overwriting of a formula cell with a number?
Establishment of Forensic Lab will help in retrieving of documents from electronic devices like Cell Phones, Computers, iPads and networks and its preservation, to determine authorship of questioned hand writings, identity of questioned typescripts and printed documents, to detect forgeries in questioned documents, to determine interpolations, additions or overwriting and substitution of papers and to decipher erased (mechanically or chemically) or overwriting.
The State Bank of Pakistan (SBP) continues to be irked with the notes damaged by overwriting, which was alleged to have become a common practice among the locals.
They can reboot independently through their own LUN 0 and there is no danger of overwriting each other's data.
The real challenge to SAN security is not external predatory assault, but inadvertent overwriting. Overwriting isn't sexy, but it can be catastrophic.
Read-only access to archived data eliminates worries about overwriting data.