Put Spread 认沽价差(看跌价差) 看跌价差是一种期权价差策略,它是在同时买卖相同数量的看跌期权时创建的。与利润潜力无限的看跌期权买入策略不同,看跌价差产生的最大利润是有限的,但它们的使用成本也相对较低。此外,与只能由看跌投资者直接购买看跌期权不同,看跌价差可以构建以从牛市、熊市或中性市场中获利。 Vertical...
--期权中,买入虚值(价外/Out the money/OTM)期权中比较靠近当前股价的行权价的Put,同时卖出更远的行权价的Put等量头寸,被称为Put Spread。Call Spread是同样道理类推。 --期权中,平仓(卖出)高行权价的Put同时,买入更低行权价的等量头寸Put,被称为展价。 他们的统一特点是:都是同一个标的物(股票/期货/债...
铁秃鹰期权策略是由卖Put Spread和卖Call Spread来定义一个获利区间,只要在期权截止前股价波动不大,股价维持在卖Put和Call的合约价之间,卖出的四个期权贬值后,卖家就会获利。 我们来复习一下卖看涨Put Spread和看跌Call Spread的获利机会,当我们卖看跌Call Spread时会先得到收入,只要股价在期权截止前不涨,Call垂直价...
Call and Put Spreads are popular options strategies. Under these strategies, an investor buys and sells an equal number of calls or putsoptionto make a profit. Both the strategies (call spread and put spread) share the same characteristics, such as they are less risky. But, they offer lower...
他这里的意思是bull spread或者bearish spread是使用同一个到期日的option,所以并没有利用长短期波动不同而获利。当然,首先也是要基于市场的一个观点,才能判断是采用哪种策略。 举例,比如对未来三个月预计市场是牛市,选择采用bull call spread(= long call at XL + short call at XH),这里的两个call只是执行价格...
However, if the stock is above $127.50, the final value of the spread would be less than the $2.50 paid, and the trade would have made a loss. We covered the bear put spread in more detail here. 2. Calendar (Horizontal) Spread Strategies Calendar spread is so called because of ...
对于call和put spread,这里还需要区分bullish和bearish。 在bullish的情况下,我们都是long执行价格低的option,short执行价格高的option。那么如果是bull call spread,long执行价格低的option一般就是ATM的option,short执行价格高的option就是OTM的option;如果是bull put spread,那么long执行价格低的option就是OTM的option,...
比如教材中关于bear spread策略,有一个put option来构建的,此时买入的执行价格高的put,必然在此时是ITM的,虽然咱们是long的一方,那咱们的对手方也是short的一方,他也是会愿意卖出这样一个期权的,道理是一样的哈。 所以这里即便卖出的call是ITM的也不影响策略的构建。 ---虽然现在很辛苦,但努力过的感觉真的很好,...
SONIA: Call spread vs put spread SFIV4 95/75/95.85cs vs 95.50/95.35ps, bought the cs for half in 5k.To read the full story Free TrialLog In Why MNI MNI is the leading provider of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an ...
Abull put spreadis a different bull spread, where the trader sells one put option and buys another. In a bull put spread, the trader collects the premium upfront, hoping to keep the profits when the options expire, unlike in a bull call spread, where the trader pays a premium hoping to...