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Opening purchase

• A transaction in which the purchaser's intention is to create or increase a long position in a given series of options.

 
 Embedded terms in definition
 Long position
Long
Options
Position
Series
 
 Related Terms
 

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

A true friend is someone who is there for you when they would rather be someplace else. - Len Wein

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