Owning or holding options (i.e., the number of contracts bought exceeds the number of contracts sold). For equities, a long position occurs when an individual owns securities. An owner of 1,000 shares of stock is said to be "Long the stock." Related: Short position.
Nearby TermsLong market value Long only portfolio Long position Long position in an option Long run
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University