Some situations in the real life are similar to positions in derivatives. For instance,

when you go to a restaurant (OTC market), you trade a forward with the waiter

and set certain obligations for both (food and drinks under certain conditions,

timing for delivery,... in exchange of a payment given by the price list at dinner's

maturity). Now, consider another situation. In more detail, imagine that you have

just had a daughter. This is really good news, many congratulations!!! In this

moment, your situation is similar to be

a) Long in a call.

b) Short in a call.

c) Long in a put.

d) Short in a put.