Long Position

Long Position - Long Position is the buying of a security such as a stock, commodity, or currency, with the expectation the asset will rise in value. In the framework of options, it is the buying of an options contract. It is the opposite of ?short? or short position. For example, an owner of shares in McDonald's Corp. is ?long McDonald's? or ?has a long position in McDonald's?. The buying a call, or put, options contract from an options writer entitles you the right, not obligation to buy, or sell, a specific commodity or asset for a specified amount at a specified date.