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naked dancing llama

An Internet llama who answers advice and runs for President of the United States.
I like to frolic like the Naked Dancing Llama!
by fwhghgads March 17, 2003
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Naked Head

I went up in that girl naked head!
by dat damn micah January 12, 2009
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naked option

(FINANCE) a call option that is written by a party who possesses none of the underlying stock; a commitment to sell a fixed amount of something at a fixed price, of something one does not happen to have.

Writing an option means selling a certificate that guarantees the holder can buy a traded item for a guaranteed price (strike price). The person who writes the option is betting that the price of the underlying stock will go down (shorting a stock, AKA a short position). If the person writing the option is correct, then she makes money off the sale of the option, but does not have to worry about honoring the option, since it is out of the money and has no intrinsic value.

If the person writing the option is wrong, and the price of the underlying stock goes up, then she must buy the item at the higher spot price specifically to sell it at the low strike price ("short cover"). In rare cases, a person who makes this sort of error will actually drive the spot price much higher than it would have gone ordinarily.
Naked option writing is quite risky because you can make only a limited amount of money. yet the risks are high.
by Abu Yahya April 15, 2010
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Nike Shox

Nike's premier footwear as of current times. More suited to the heavier runner. Origianally, there were "springs" under the heel to provide a cushion. The current generation of shox has springs at the front-sides in addition to the heel springs.
by Kung-Fu Jesus May 2, 2004
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Me Naked

Person 1: "Hey, did you see Me Naked last night?"
Person 2: "Hell yeah! you had your window open."
Person 1: "No! The band you sick fuck!"
by Me Naked July 16, 2006
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nike boot

a boot made by nike. Popular in DC, MD, and VA. (DMV)
favored over timberland boots in the above area. Basically endorsed by the upcoming Rapper from DC known as Wale.
1. "Flyer than the rest of em, still got my nike boots!" - Wale
by that DMV guy January 14, 2008
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Naked Brothers Band

I would rather marry the Jonas Brothers than listen to the Naked Brothers Band for .00000001 seconds.
by Persephone~ March 25, 2009
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