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Writer

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writ⋅er

  [rahy-ter]
Use Writer in a Sentence
–noun
1. a person engaged in writing books, articles, stories, etc., esp. as an occupation or profession; an author or journalist.
2. a clerk, scribe, or the like.
3. a person who commits his or her thoughts, ideas, etc., to writing: an expert letter writer.
4. (in a piece of writing) the author (used as a circumlocution for “I,” “me,” “my,” etc.): The writer wishes to state….
5. a person who writes or is able to write: a writer in script.
6. Stock Exchange. someone who sells options.
7. Scot. a lawyer or solicitor.
Origin:
bef. 900; ME, OE wrītere. See write, -er 1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To Writer
We Want to Read Your Book
Best way to learn how to publish your book. Free Guide. Free Review.
www.DorrancePublishing.com
Free Guide for Authors
Get noticed by publishing houses! Request free guide to learn how.
FriesenPress.com/Publishing-Guide
writ·er   (rī'tər)   
n.  One who writes, especially as an occupation.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Writer

The seller of an option who collects the premium payment from the buyer.

Investopedia Commentary

For example, a writer holds a short position on a call option. If the call option is exercised, then the writer has to sell the underlying stock at the strike price of the option. Conversely, if you are the writer of a put option, you are said to be long, and must purchase the underlying stock at the particular price.

Being a writer is relatively risky - especially on a naked position. This technique should not be used by those who are new to option markets.

Related Links

Options Basics Tutorial
Futures Fundamentals

See also: Call, Naked Option, Option, Premium, Put, Short, Strike Price

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

writer

The person who creates an option by selling an option contract in an opening transaction. An investor may be the writer of a call or a put. See also naked writer.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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