(FINANCE) the situation in which a derivatives trader with a short position is wrong about the behavior of the market. Having sold shares of stock he doesn't own, he is now compelled to buy them at a higher price than he sold them for (in order to reimburse whomever he borrowed the shares from).
If the short position was taken by writing naked options (i.e., issuing call options of stock the trader doesn't happen to have), then the trader has to buy shares of underlying stock in order to honor the options.
It's extremely expensive for traders to have to cover their shorts.
If the short position was taken by writing naked options (i.e., issuing call options of stock the trader doesn't happen to have), then the trader has to buy shares of underlying stock in order to honor the options.
It's extremely expensive for traders to have to cover their shorts.
The surprising stock rally came as a shock. Nicholas Leeson had been riding high, but now he was furiously covering shorts, and driving the share prices higher still. By closing bell, he was ruined.
by Abu Yahya May 5, 2010
Get the covering shorts mug.To puss out. To back out of a commitment out of malice, spite, or plain cowardice. To be "that guy." That means to be the one guy who goes against what everyone wants. You want Mcdonalds, he wants Burger King etc.
You: "Hey Corey, let's go to this party. There are girls there that totally want to do us."
Corey: *Pretending not to hear you* "Hey, let's go to my house."
You: "Dude, stop being that guy. You're Coreying out."
Corey: *Pretending not to hear you* "Hey, let's go to my house."
You: "Dude, stop being that guy. You're Coreying out."
by thesef April 10, 2009
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Cornering
• cube cornering
• kelly cornering
• Verbal cornering
• connering
• Fornering
• Corning
• Coopering
• Cartering
• Connoring
Corning or "Cornin'" is simply the act of throwing kernels of corn at passing cars while you hide (usually with a group of friends) somewhere out of sight, but close to the road. Usually done on or around Halloween & is popular in southern Appalachia & rural parts of the country.
Me & some friends went corning last night & some guy we nailed got pissed off & got out of his car talking shit, so we threw a corn cob at that bitch & ran like hell.
by peestandingup September 7, 2007
Get the Corning mug.The action of absolutely getting no pussy and not having friends. Many times while Eric Connoring, one is stuck in a state of being a fucking isolated faggot that loves perorming weird sexual acts to ones self.
by Otterotterfartshit6969 May 23, 2016
Get the Eric Connoring mug.by cloakchoke January 9, 2011
Get the cornning the ham mug.by Conkered November 3, 2017
Get the Conkering mug.Industrious, hard-working, frantically accomplishing, hurriedly attempting
by Little Iodine March 18, 2008
Get the Busy as a cat covering it up mug.