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.
Weekly options (aka Weeklys) are calls and puts listed with one week expiration dates. They are typically listed on a Thursday and expire on the Friday of the following week. The Friday is both the last trading day and the expiration date (this is also referred to as PM Settled).