Uncovered Options Trading System
Limit Order: Limit Order is an order in which the customer specifies a minimum sale price or maximum purchase price, as contrasted with a market order, which implies that the order should be filled as soon as possible at the market price.
CIF: CIF is the cost, insurance, and freight paid to a point of destination and included in the price quoted.
Fill: Fill is the execution of an order.
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Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.