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What is the specific difference between long and short and long and short?
Bull refers to the call right, and bearish refers to the put right. The two options correspond to two operations, namely, long operation and short operation, namely, buy and sell operation.

1, bullish (long-term bullish): call option.

Buying call options enables investors to obtain the right to buy the underlying assets at a predetermined price at a fixed fee before the expiration.

You need to pay an option fee (royalty) to buy an option, and the rate of return is calculated by the option fee. For example, if you buy a 30 yuan stock at 1 yuan in June, if the 32 yuan rises, the return will be 100%. Buy call options when you are bullish.

2. Sell call (short): sell call options.

Investors who sell call options will receive a fixed amount of royalties and guarantee to deliver a fixed number of basic shares at a fixed price before the option expires, regardless of whether the share price rises or not. Selling call options is an obligation, a fixed royalty; To get a fixed income.

For example, if you hold A shares now, you can sell 30 yuan call options for six months at the price of 2 yuan, and then sell the shares at the price of 30 yuan after the expiration. If the stock price was higher than 30 yuan at that time, you would not get a higher part of the income; If it is lower than 30 yuan, others can choose not to buy it; Then you can keep it, man. Then 2 yuan's royalties are your income during this period.

3. Buy put option: buy put option/put option.

Buying put options enables investors to pay a fixed premium in order to obtain the right to sell the underlying assets at a predetermined price before maturity.

Buying put options will also give you strength. I hold A shares at the price of 28 yuan, and then I am afraid that I will fall below 28 yuan after half a year. Now 30 yuan's put options are trading; At this time, you can buy a put option at the price of 1 yuan; After 6 months, you can at least sell the stock at the price of 30 yuan, even if the stock price is below, you can at least guarantee the income of 1 yuan; Of course, if you surpass 30 yuan, you don't have to sell stocks, but you can enjoy the benefits brought by the stock price rise. Your fee is 28+ 1 yuan.

4. Sell put option (short selling): sell put option/put option.

Investors who sell put options get a fixed amount of royalties and guarantee to buy a fixed number of underlying stocks at a fixed price before the option expires, regardless of whether the underlying stock price falls or not.

Extended data:

1, buy stock call option (long call)

A call option gives the option buyer the right to buy a certain number of shares (1 lot = 100 shares) at the agreed price (commonly known as the exercise price) before the expiration date. Option buyers can exercise their rights or give up their rights. Potential profit: the stock price rises and the income is unlimited. Potential loss: option fee.

2. Selling call options (short selling)

When an investor sells a call option contract, it means that he has no right to perform, but has the obligation to perform, and is usually called the "seller" of the option. When the option buyer exercises the right, the option seller is obliged to sell the target at the exercise price. Potential profit: option premium. Potential loss: the stock price rises and the loss is infinite.

3. Buy put options (long-term put options)

After the buyer obtains a long put position at a certain strike price and pays a certain premium, he locks in his own risk, that is, if the price is higher than the strike price, he will give up the option, and his biggest risk is the premium. If the futures price is between the strike price and the break-even point (strike price-royalty), some royalties will be lost. If the futures price is lower than the breakeven point, the buyer can still sell at a higher execution price, and as long as the price keeps falling, it will always make a profit. Therefore, the loss of the put option buyer is limited (maximum premium) and the profit may be huge.

4. Sell put options (short selling)

The profit and loss of the put option seller is just the opposite of that of the buyer. The buyer's profit is the seller's loss, and the buyer's loss is the seller's profit. Whoever wins or loses depends entirely on everyone's judgment on the market trend.