writer


writer
The person who sells an option in return for a premium and is obligated to perform when the holder exercises his right under the option contract. Also referred to as the option seller. Chicago Board of Trade glossary
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One who sells an option. A "writer" (or grantor) obligates himself to deliver the underlying futures position to the option purchaser, should he decide to exercise his right to the underlying futures contract position. Option writers are subject to margin calls because they may have to produce the long or short futures position. A call writer must supply a long futures position upon exercise, and thus receive a short futures position. A put writer must supply a short futures position upon exercise, and thus receive a long futures position. The CENTER ONLINE Futures Glossary
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The party that sells an option contract.
Also called the option grantor or maker. American Banker Glossary
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The seller of an option, usually an individual, bank, or company that issues the option and consequently has the obligation to sell the asset (if a call) or to buy the asset (if a put) on which the option is written if the option buyer exercises the option. Bloomberg Financial Dictionary
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A seller of an option. See also grantor. Chicago Mercantile Exchange Glossary
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Person who executes the opening sale of an option. Dresdner Kleinwort Wasserstein financial glossary
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An opening seller of an options contract. LIFFE
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The issuer of a covered warrant is sometimes referred to as the writer. London Stock Exchange Glossary

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writer writ‧er [ˈraɪtə ǁ -ər] noun [countable]
1. FINANCE someone who sells put option and call option contracts
someone who sells option S (= the right to buy shares etc at a particular price at a later date) for shares etc that they do not own
2. INSURANCE a person or company that provides insurance contracts; = UNDERWRITER:

• a writer of property and casualty policies

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writer UK US /ˈraɪtər/ noun [C]
someone who writes books, articles, etc.: »

a political writer

FINANCE, STOCK MARKET the seller of an options contract (= right to buy or sell shares, etc. on or before a particular future date)
INSURANCE UNDERWRITER(Cf. ↑underwriter)
See also NAKED WRITER(Cf. ↑naked writer)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Writer — Writ er, n. [AS. wr[=i]tere.] [1913 Webster] 1. One who writes, or has written; a scribe; a clerk. [1913 Webster] They [came] that handle the pen of the writer. Judg. v. 14. [1913 Webster] My tongue is the pen of a ready writer. Ps. xlv. 1. [1913 …   The Collaborative International Dictionary of English

  • writer — writer, author, composer can all denote a person who gives expression to his ideas or feelings, but they are not as a rule synonyms. Writer is a comprehensive term applied to someone whose occupation or chief employment is that of expressing… …   New Dictionary of Synonyms

  • writer — (n.) O.E. writere one who can write, clerk; one who produces books or literary compositions, agent noun from writan (see WRITE (Cf. write) (v.)). Meaning sign painter is from 1837. Writer s cramp attested by 1853; writer s block by 1950 …   Etymology dictionary

  • writer — index amanuensis Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • writer — /ˈvraiter, ingl. ˈraɪtə(r)/ [vc. ingl., propr. «scrittore»] s. m. e f. inv. graffitaro, graffitista …   Sinonimi e Contrari. Terza edizione

  • writer — [n] person who composes with language author, biographer, columnist, contributor, correspondent, critic, dramatist, editor, essayist, freelancer, ghostwriter, journalist, newspaper person, novelist, person of letters, poet, reporter, screenwriter …   New thesaurus

  • writer — ► NOUN 1) a person who has written a particular text, or who writes books or articles as an occupation. 2) Computing a device that writes data to a storage medium …   English terms dictionary

  • writer — [rīt′ər] n. 1. a person who writes 2. a person whose work or occupation is writing; now, specif., an author, journalist, or the like …   English World dictionary

  • writer — noun ADJECTIVE ▪ celebrated, distinguished, eminent, famous, great, important, influential, leading, major, prominent, well known …   Collocations dictionary

  • Writer — OpenOffice.org Writer OpenOffice.org Writer Document OpenOffice.org …   Wikipédia en Français