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Aamna9y ago
What is a long call option? Also what does it mean by going short and going long in futures market?
John MoffatJohn MoffatTutor9y ago#1
Going long means you are buying something (whether it be shares, futures, options etc.) in the expectation of the price rising and therefore being able to sell later at a profit. Going short means you are selling something because you think the price will fall and therefore you will be able to buy back later and make a profit.
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