What Is Open position?
An open position in finance and trading refers to a trade that has been initiated but has not yet been closed or settled. It represents an active market exposure that carries with it the risk of loss as well as the potential for profit. The position can be either long, indicating ownership and the expectation that the asset will appreciate in value, or short, indicating a borrowed asset that is sold with the expectation of buying it back at a lower price.
See also