Which of the Following Describes a Long Position in an Option

question 16

Multiple Choice

Which of the following describes a long position in an option?

• A) A position where there is more than one year to maturity
• B) A position where there is more than five years to maturity
• C) A position where an option has been purchased
• D) A position that has been held for a long time

---

Definitions:

Poison Control Center

A specialized center providing immediate advice and assistance over the phone in cases of exposure to toxic or hazardous substances.

Lukewarm Water

Water that is mildly warm, not too hot or cold, often used for gentle cleansing or drinking to avoid discomfort.

Poisonous Chemical

A substance that is capable of causing illness or death if ingested, inhaled, or absorbed through the skin.

Induce Vomiting

A medical procedure that involves stimulating the stomach to expel its contents through the mouth, sometimes used in cases of poisoning or overdose.