cm00025h ago

Nothing to see here

https://lemmy.cafe/post/33298879

Show threadyeehaw
opened a $20M oil?
11:52pmWeb
Show threadforestbeasts3h ago

Probably “oil long” is the opposite of an “oil short”, where you bet the price is going to rise, as opposed to betting it’s going to fall? I don’t know much about this stuff though.

– Frost

Show threadcaptainlezbian1h ago
Isn’t the opposite of a short just buying stock/commodities? Maybe buying them on credit if you want to get 1920s with it
Show threaddermanus36m ago
Yes, but you can also be long in futures or options. They can be more profitable but are higher risk. Assuming that you aren’t in the room for market shifting events anyway, then the bets are much more certain.
Show threadhumanspiral23m ago
futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month.