I. Appropriateness Management of Individual Investors in Option Business
(1) daily average assets
The average daily assets of the securities account and the fund account in the 20 trading days before the application for opening an account shall not be less than 500,000 yuan (excluding securities and funds integrated with margin financing and securities lending).
(2) Trading experience
He has opened a securities account in a securities company or other option management institution for more than 6 months, and has the qualification to participate in margin trading or financial futures trading experience.
(3) Basic knowledge of options:
Have the basic knowledge of options and pass the relevant tests recognized by the exchange.
(4) Option simulation trading experience:
Experience in fully simulated trading of options recognized by the exchange.
(5) Risk tolerance:
It has the corresponding risk tolerance, that is, the customer's risk tolerance is stable and above, and the investment varieties include derivatives.
(6) Having no bad credit record.
There are no serious bad credit records, and there are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict stock option trading.
Two. Opening of Option Secondary Account
= optional sauce
If the secondary warehouse account selection requirements are relaxed, the option secondary warehouse account refers to an independent account created in option trading to meet specific trading needs or risk management purposes. It is a sub-account further divided on the basis of option trading account, which is used to manage option trading more finely.
1. 18 mainland residents aged 65 need to meet.
2. You need to answer the risk control return visit and sign an option service contract.
3. It is forbidden to use loans and other non-idle funds for transactions.
4. Know the risks and rules of options in detail before trading.
In the option secondary warehouse account, investors can separate funds from positions to realize the management of different strategies or risk levels. The advantage of this is that trading and risk control can be more flexible, while maintaining the overall stability of the main account.
The following are some functions and uses of the option secondary warehouse account:
(1) Independence: the option secondary warehouse account and the main account are independent of each other. Have their own funds and positions, which can be traded and managed independently. This can reduce the impact on the main account and prevent some specific trading strategies or risk control from having too great an impact on the overall account.
(2) Fine management: Through the option secondary warehouse account, investors can manage funds and positions according to different trading strategies, risk preferences or investment objectives. Funds can be allocated to different sub-accounts according to different strategies, and specific positions can be isolated from other positions to achieve more refined management.
(3) Risk control: the option secondary warehouse account can be used for risk management and loss limitation. Investors can set different risk control measures in different sub-accounts according to their risk tolerance and trading objectives, such as stop loss points and capital restrictions, so as to protect the safety of funds and reduce risk exposure.
(4) Multi-strategy trading: through the option secondary warehouse account, investors can use a variety of different options trading strategies at the same time. Each sub-account can pursue different profit models or risk-return characteristics, thus improving the flexibility and diversity of the overall transaction.
For brokers or trading platforms, the setting and use of option secondary warehouse accounts may be different, and the specific functions and operation methods may be different. When using the option secondary warehouse account, it is recommended to read the relevant trading rules and agreements carefully to ensure that you know and understand the relevant risks and restrictions.
Option trading process
When our option account is opened, what do we need to do before trading?
1、? Views on the market
In fact, it is very simple, that is, we are bullish, bearish or sideways on the current market. If we are bullish, we can choose to operate with buy bearish or sell bearish, and we can choose to operate with buy bearish and sell bearish, and see whether the sideways can be double-thrown, or the imaginary value in either direction can be.
2、? Select buyer or seller
First of all, look at your own capital. If we only invest a few thousand dollars, then as sellers, the number of hands we can open is very small. Secondly, look at the winning probability that we hope to pursue. Generally speaking, the probability of being a seller will be greater, but the risk is not small. If you encounter extreme market conditions, the risk is even far greater than that of the buyer. Finally, our views on the market are expressed by buyers or sellers.
3、? What kind of contract do you choose?
We should plan to choose a virtual, real or flat contract.
Selective sauce
Generally speaking, as buyers, we will choose options near the flat value to operate. As for the seller, we can choose whether to sell real value or imaginary value according to different situations, and we all have our own methods, and we will further communicate with you later. If we have a lot of funds, we can consider buying some according to a certain proportion to form a contract matrix, which not only ensures the differentiation, but also reduces the fluctuation to a certain extent, and better constructs a strategy that meets our expectations.
4、? Close mode
When we buy an option, such as buying a position, the corresponding way is to sell and close the position. When we sell and open positions, the corresponding closing methods are buying and closing positions. If we open a position by buying, we can also close the position by selling, because at the end of the month, if we buy this contract and sell it at the same time, it will automatically hedge for us, so it will not be shown in our position. We can save commission by selling. Similarly, we can hedge and close the position by selling, but in fact the operation is essentially the same as buying and closing the position.