Just a quick post for those new to the game about what a
Long Call is. Since I got a few questions about it.
- A long call is simply the purchase of one call option.
- You expect the price to rise in the long term.
- You risk the price dropping and not being able to sell-off and recoup losses
- E.g. I buy twenty shares of paper silver at $38, if the price goes up, then I can make a profit.
Just beware market manipulation and natural corrections when investing. Especially if you are trying to reap each bubble. I wouldn't recommend
jumping into that level of trading right away unless you have past experience.
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