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.
What is an 'Option' An option is a financial derivative that represents a contract sold by one party (the option writer) to another party (the option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or sell (put) a security or other financial asset at an agreed-upon price (the strike price) during a certain period of time or on a specific date (exercise date).