[Solved] Talk about: -Corinthian League Naked Listed Options: Options contracts that are sold without owning the underlying asset, posing a higher risk due to the potential for unlimited losses. Asian Option: A type of option where the payoff depends on the average price of the underlying asset over a certain period. Underlying Asset: The underlying security that determines the value of a derivative, including equities, fixed income, raw materials, or foreign exchange. Payoff: The return or outcome received from an investment or action.