covered or hedge option strategies meaning

• [Finance]
  Strategies that involve a position in an option as well as a position in the underlying stock, designed so that one position will help offset any unfavorable price movement in the other, including covered call writing and protective put buying. Related: Naked strategies

• option strategies:    [Economics]The tra ...
• covered option:    Noun: covered opti ...
• naked option strategies:    [Finance]An unhedg ...