[Solved] When an option writer does not own the asset,it is called a A)straddle. B)naked option. C)covered option. D)warrant. Credit Unions: Member-owned financial cooperatives that provide savings, credit, and other financial services to their members. Check-Cashing Stores: Businesses that offer check cashing services and other financial transactions, often serving underbanked communities. Means of Payment: Various methods through which debts can be paid, ranging from physical currency to electronic transfers of funds. Precious Metals: Metals that are rare and have high economic value, such as gold, silver, and platinum.