此时,如果股票市价为14元,那么根本不会有buy call的人行权,如果行权,我就可以在市场上以市价14买入,市价15卖出,那样我不仅获了权利金,还会有额外收入(但buy call的人会有额外损失) 此时,如果股票市价为16元,那么buy call的人行权,我则必须从市场上以16元购入股票,15元卖出履行义务 4. sell put 操作:出售看跌...
看涨期权(Call Option):预测价格会上涨,买入后可按较低的行权价买入(buy)标的资产。 看跌期权(Put Option):预测价格会下跌,买入后可按较高的行权价卖出(sell)标的资产。 2. 怎么行权? 行权的方式有两种: 实物交割(Physical Settlement):实际买入或卖出标的资产。 现金结算(Cash Settlement):只结算行权价(Strike...
The put buyer will exercise the option to “put” or sell the shares of Company XYZ at the strike price of $40, which means that you would be forced to buy these worthless shares at $40 each, for a total outlay of $40,000. However. since you had collected $5,000 in option premiu...
以我们的PLTR为例,当Palantir股价上涨我们的Put Spread会因为delta降低而获利,另外一边的Call Spread则因为delta上升而亏损。 这时我们就可以将Put Spread roll up将获利入袋: 先将Put垂直价差buy to close。 再从价格高一点的位置sell to open同时间截止的Put Spread交易。 Roll up结束后就会获得一个宽度比较窄的...
This is the stock the options relate to (AAPL in the above example) Call/Put Does the contact give the right to buy or sell shares? Strike Price At what price can an option be bought/sold Expiry When do the option owner’s rights expire? Monthlies/Weeklys Most options,...
Speculation – Sell calls or buy puts on bearish securities Investors can benefit from downward price movements by either selling calls or buying puts. The upside to the writer of a call is limited to the option premium. The buyer of a put faces a potentially unlimited upside but with a lim...
a credit is received for ‘betting’ that stock will move in a particular direction (up, as compared to the bear call spread where the ‘bet’ was for the stock to fall). For example: Buy IBM June 125 Put 4.00 Sell IBM June 130 Put 6.50 Net Credit: $2.50 The full credit is...
Option strategy: A put or a call (or even more exotic things) Expiration date: The date at which the option is settled Strike price: The price at which the option holder is entitled to buy or sell the stock Premium: The cost of the option Order type: Market order or limit order Be...
卖出买权(Sell Call):认为未来不会大涨(持平或看跌) 买进卖权(Buy Put):认为未来会跌 卖出卖权(Sell Put):认为未来不会大跌(持平或看涨) 每人对市场看法都不相同,如果只交易现货、合约,也许投资人仅能在价格涨跌时进场,而选择权则是相当灵活,投资人便可以针对市场看法、自身风险控制,自由制定策略。
Calendar Spread: Buy (sell) an option with one maturity to sell (buy) an option with a different maturity. Straddle: Buying both a call and a put at the same strike and expiration date. Strangle: Buying both a call and a put at the same expiration but different (out-of-the-money) ...