a put or call option for which the seller or buyer has no underlying security position
The numerical value of naked option in Chaldean Numerology is: 4
The numerical value of naked option in Pythagorean Numerology is: 7
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"naked option." Definitions.net. STANDS4 LLC, 2017. Web. 21 Oct. 2017. <http://www.definitions.net/definition/naked option>.