All termsOptions FundamentalsStart here
Long Option
A long option position exists when a trader owns an option contract. This could be: a long call or a long put.
Why it matters to you
"Long" does not always mean bullish. A long call generally has bullish directional exposure. A long put generally has bearish directional exposure. What "long" tells you is that the trader owns the option.
Terms that sit next to this one
Long Call, Long Put