Long (finance)
In finance, "long" or long position means the buying of a security such as a stock, commodity or currency, with the expectation that the asset will rise in value. In the context of options, it means the buying of an options contract.
"Long" is the opposite of "short" (or short position).[1]
References
- ↑ "Long (or Long Position)", Investopedia, referenced 2011-11-17.