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(FINANCE) a situation in which an investor stands to gain if a [particular] investment instrument (stocks, bonds, gold, real estate) goes up in value. One "takes a long position" with respect to a [particular] item. There are several ways of taking a long position; an obvious way to go long is to actually own the thing itself. Supposing you are taking a long position on Intel common stock (NASDAQ:INTC), here are some other ways: * Buy a call option for INTC, especially with a strike price higher than the current spot price. * Write a put option for INTC, committing yourself to buy more INTC stock if the price goes down over the near term * Buy a futures contract for INTC at spot (or more). CAVEAT LECTOR: there are many _potential_ [definitions] of long position; I have given the broadest one available.
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