Definition of scope - the extent of the area or subject matter that something deals with or to which it is relevant, the opportunity or possibility to d Definition of scope - the extent of the area or subject matter that something deals with or to which it is relevant, the opportunity or possibility to d dictionary thesaurus
Definition of Long Put: An investor is said to be long a put option when he has purchased a put option and currently owns the put. The term going long refers to buying a security, and applies to being long a stock, long a call, and long a put.
For example, if your mortgage will be paid off in 17 years, round up your term choice to 20 years. An option is annual renewable term life insurance, which guarantees your ability to buy coverage for a set period, but it renews each year at a potentially higher rate.