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.
Definition of option for English Language Learners. : 1  the opportunity or ability to choose something or to choose between two or more things. : 2  something that can be chosen : a choice or possibility. : 3  a right to buy or sell something for a specified price during a specified period of time.