A Long Futures Position Means That a Trader Holds More

question 47

True/False

A long futures position means that a trader holds more contracts that have a longer period to their settlement date than contracts with a shorter period to settlement.

---

Definitions:

Concrete Level

Refers to a specific, tangible stage of understanding or development, as opposed to abstract concepts.

Meaningless

Lacking significance, purpose, or value.

Meaningful

Anything that holds significant purpose or value for an individual, making it worthwhile and important.

Overgeneralization

The application of a rule or conclusion to more instances than is justified, often leading to mistaken beliefs or misjudgments.