Naked writer is the options seller who doesn’t have the underlying security and who doesn’t short it. to put it short – a naked writer is an unhedged options writer. These options in their turn are called naked options.

 

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Kickback is a bribing technique that is used to butter up the executives. A client gives an official a reward or percentage from the earnings as a thank you for a favorable behavior and good services. Considered illegal and has consequence.

 

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QQQQ is an old name used for Nasdaq 100 Index. This index consists of 100 biggest and most commonly traded non-financial stocks of Nasdaq. The index is also known as QUADRUPLE Qs. The official symbol is QQQ Trust or QQQ.

 

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