▲ 244 ▼ Nothing to see here (lemmy.ml) submitted 7 months ago by cm0002@lemmy.cafe to c/politicalmemes@lemmy.ca 11 comments fedilink hide all child comments
[–] cyberpunk007@lemmy.ca 10 points 7 months ago (4 children) opened a $20M oil? permalink fedilink source hideshow 4 child comments replies: [–] forestbeasts@pawb.social 21 points 7 months ago (3 children) 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 permalink fedilink source parent hideshow 3 child comments replies: [–] captainlezbian@lemmy.world 5 points 7 months ago (2 children) Isn't the opposite of a short just buying stock/commodities? Maybe buying them on credit if you want to get 1920s with it permalink fedilink source parent hideshow 2 child comments replies: [–] humanspiral@lemmy.ca 2 points 7 months ago futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month. permalink fedilink source parent [–] dermanus@lemmy.ca 1 point 7 months 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. permalink fedilink source parent
[–] forestbeasts@pawb.social 21 points 7 months ago (3 children) 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 permalink fedilink source parent hideshow 3 child comments replies: [–] captainlezbian@lemmy.world 5 points 7 months ago (2 children) Isn't the opposite of a short just buying stock/commodities? Maybe buying them on credit if you want to get 1920s with it permalink fedilink source parent hideshow 2 child comments replies: [–] humanspiral@lemmy.ca 2 points 7 months ago futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month. permalink fedilink source parent [–] dermanus@lemmy.ca 1 point 7 months 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. permalink fedilink source parent
[–] captainlezbian@lemmy.world 5 points 7 months ago (2 children) Isn't the opposite of a short just buying stock/commodities? Maybe buying them on credit if you want to get 1920s with it permalink fedilink source parent hideshow 2 child comments replies: [–] humanspiral@lemmy.ca 2 points 7 months ago futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month. permalink fedilink source parent [–] dermanus@lemmy.ca 1 point 7 months 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. permalink fedilink source parent
[–] humanspiral@lemmy.ca 2 points 7 months ago futures are a leveraged bet on higher price (buy long) or lower price (sell short) by the 3rd week of a month. permalink fedilink source parent
[–] dermanus@lemmy.ca 1 point 7 months 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. permalink fedilink source parent
