In recent years, China's options products have become increasingly rich, and many investors have the idea of investing in options. Investing in options requires understanding options. When we understand the stock index options, we find that Shanghai and Shenzhen 300 have two options, so how can Shanghai and Shenzhen 300 have two options?

Why does CSI 300 have two options?

Shanghai and Shenzhen 300 options, one is the Shanghai and Shenzhen 300ETF options listed on the Shanghai Stock Exchange and the other is the Shanghai and Shenzhen 300 stock index options listed on the China Financial Futures Exchange. The former is the Shanghai and Shenzhen 300ETF, and the latter is the Shanghai and Shenzhen 300 stock index. The former indirectly constructs stock index options through ETF.

There are mainly the following differences between the two:

1 transaction scale: the investment capital of Shanghai and Shenzhen 300ETF options can be very small, while the investment capital of Shanghai and Shenzhen 300 stock index options is much larger. This is because the price of the 300ETF itself is lower than that of the Shanghai and Shenzhen 300 Index, which is one point 300 yuan.

2. Delivery method: The exercise in the CSI 300ETF option adopts the method of physical delivery. Cash delivery of Shanghai and Shenzhen 300 stock indexes.

The contents of the three objectives are different. Although the ETF in the CSI 300ETF option tracks the trend of the index, it is still slightly different from the index. The target content of the Shanghai and Shenzhen 300 stock index options is the index.