The first step in trading options is futures account: firstly, you need to find a futures brokerage company, submit relevant application materials and open a futures account. When opening an account, you need to provide personal identity information, investment experience and source of funds.

Futures trading mechanism

1.T+0 trading mechanism: futures can be bought and sold at any time, and the number of transactions on the same day is not limited.

2. Two-way trading system: you can buy up or down, as long as the direction is right, you can make money!

3. Margin trading mechanism: similar to the down payment for buying a house, futures can be bought with a margin of about 10%.

The unit of each variety is different. Thread skill 10 ton, one ton fluctuation 1 yuan income. Then the thread is 10 ton, and the gain of a fluctuation is 10 yuan.

If the thread 2 1 10 contract 5453 rises-rises to 5553: 5553-5453 = 100, then the primary income =100 *10 =100.

If the thread 2 1 10 contract 5453 drops to 5353: 5453-5353 = 100, then the single-handed profit of the thread =100 *10 =1000 yuan.

(Whether buying up or buying down, as long as the direction is right, you can make a profit)

note:

1. Futures profit and loss are calculated according to the trading point, regardless of the percentage of price increase and decrease (the percentage of price increase and decrease of futures is calculated according to the settlement price of the previous day).

2. For all kinds of ups and downs of 1 point, how much you earn in one hand mainly depends on the unit of this variety: for example, coke in one hand 100 tons, crude oil in one hand 1000 barrels and one point 1000 yuan!

3. Minimum change unit: a variety jumps several points: for example, the minimum change unit of thread is 1, which means 1 point jump, and the minimum change unit of asphalt is 2 point jump.

The number after the futures contract represents the year+month of delivery.

For example, thread 23 10 means delivery in June 2003.

note:

1. Delivery refers to the exchange of physical objects of futures, which is limited to institutional households (companies can open accounts in the name of delivery, usually near the middle of the delivery month).

2. The general account cannot be delivered in kind, and it is held at most until the last trading day one month before the delivery month.

So you bought a contract with thread 23 10, and held it until the last trading day at the end of September at most.

If you don't close your position on this day, the exchange will force you to close your position at a certain price on the first trading day of the delivery month. )