covered option

Questions

What does covered option mean?

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

How to pronounce covered option

1. Open the pronunciation page — Open the Speakur entry for “covered option”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “covered option”.
4. Repeat and practice — Say “covered option” aloud, matching stress and vowels until it feels natural.