Futures and options positioning
Who is long, who is short, and why it matters.
Futures and options positioning
| Concept | Explanation | |---|---| | Long position | Benefits from rising prices. | | Short position | Benefits from falling prices. | | Net positioning | Long exposure minus short exposure. | | Dealer positioning | Exposure of intermediaries that may hedge dynamically. | | Speculative positioning | Positions held primarily for directional return. | | Hedging demand | Positions intended to offset another risk. |