Buying a call option is best described as having a:
A) long call position.
B) long put position.
C) short call position.
D) short put position.

Name: Buying a call option is best described as having a: A) long call position. B) long put position. C) short call position. D) short put position.
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Question

Quizplus · Accepted Answer

Buying a call option gives the holder the right, but not the obligation, to buy an asset at a specified price within a specific time period, which is known as having a long call position.

Buying a Call Option Is Best Described as Having A