True value contract:
Royalty cost is relatively high, real option has time value and intrinsic value, time value is relatively small, and time is relatively low for the buyer. For example, the price of a call option contract is 5 yuan, and the exercise price after one month is 6 yuan. The difference between stock price and exercise price is intrinsic value.
Virtual value contract:
Royalty costs are relatively low, but the leverage is relatively large, and it has only time value. That is to say, if you buy a call option contract, in the future, the subject matter of the option may rise sharply, and you can get more income by exercising at this time, so exercising is meaningful.
When trading 50ETF options, investors choose to close the contract or slightly empty the contract. If they choose a hypothetical contract, it is best to operate in an ultra-short period or trade in one day.
The main reason for the high probability of option loss is that the value of 50ETF options will decrease with time (time value decay) and the influence of volatility.
When investors judge that the 50ETF index market is likely to rise in the short term, and the increase is not small, the yield of buying hypothetical 50ETF call options is higher. If not, the loss probability of buying hypothetical call options is higher.
According to investors' judgment, it is difficult for the 50ETF index to have a big increase in the short term, and it may continue to rise slowly. It is the best choice to buy 50ETF call options with real depth.
Generally speaking, the order of winning face (winning rate) is real option >; Equivalent option > coin option