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A long position—also known as simply long—is the buying of a stock, commodity, or currency with the expectation that it will rise in value. Long position and long are often used In the context of buying an options contract. The trader can hold either a long call or a long put option, depending on the outlook for the underlying asset of the option contract. A long position is the opposite of a short position (short). Source: https://www.investopedia.com/terms/l/long.asp

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