卖出持有标的看涨期权的中文解释

指卖出看涨期权，同时持有该期权的标的资产，以备看涨期权的行使。持有大量可作为期权标的资产的机构如养老基金可进行此类操作。

Covered Call Writing的英文解释

An option strategy that combines a short call position and a long position in the underlyingfinancialinstrument or share. By owning the underlyinginstrument on which the option is written, the call is covered if exercised because the instrument can be delivered. The strategy may be followed by institutions such as pension funds with large holdings of underlying assets.

• financial [fi´nænʃəl]   a.金融的，财政的   (初中英语单词)
• instrument [´instrumənt]   n.仪器；手段；乐器   (初中英语单词)
• pension [´penʃən]   n.津贴 vt.给予...抚恤   (高中英语单词)
• strategy [´strætidʒi]   n.兵法；战略   (英语六级单词)
• underlying [,ʌndə´laiiŋ]   a.基础的；下层的   (英语六级单词)