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covered option vs option

option vs covered option

covered option and option both are nouns.

Word NounAdjectiveVerbAdverb
covered option Yes No No No
option Yes No No No
As nouns, option is a hypernym of covered option; that is, option is a word with a broader meaning than covered option:
  • 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
covered option (noun) option (noun)
a put or call option backed by the shares underlying the option the act of choosing or selecting
one of a number of things from which only one can be chosen
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
Difference between covered option and option

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