Bears are people who are bearish on market prospects and also people who sell stocks.
The bullish and bearish crowd has been changing.
Sometimes there are many bulls, sometimes there are many bears.
Question 2: Call options are long and short; What do put options long and short mean respectively? Call option refers to buying call option, and put option refers to selling call option. Put option bullish refers to buying put option, and put refers to selling put option. The difference between options and futures is that options expire by options, that is, they can be traded or not. If you don't close the deal, you will lose the option fee.
Question 3: What is short pass? Short selling strategies of call options include selling low exercise call options and buying high exercise call options.
The motivation of this strategy is: bearish on the market outlook, but unwilling to take too many risks. In the initial stage of investment, royalties are net income.
If the underlying futures price falls, in the interval between the two exercise prices, the investment income of options will increase with the price falling; When the futures price reaches and is lower than the lower strike price, the investor's income will no longer increase. This is because, at this time, when the futures price is lower than the low strike price, the gains and losses of call options and put options are fixed.
When the futures price rises, only one of the two options is put forward for execution in the interval between the two exercise prices, and the investment income of the option decreases with the increase of the market price; When the futures price rises above the strike price at a high point, the investor's income will not decrease, because both options will be put forward for execution at this time, and the losses suffered by the put option when the price rises are offset by the gains gained by the call option when the price rises.
Therefore, the profit and loss characteristics of short spread strategy of call options are:
1. In the interval between the two exercise prices, the investment income decreases (increases) as the futures price rises (falls).
2. When the futures price rises above the execution price at a high point, the users of this strategy will suffer the greatest loss, which is expressed by the formula:
Investment profit and loss = low exercise price C high exercise price+premium charged for selling options C premium paid for buying options
3. When the futures price falls below the lower strike price, because neither option will be put forward for execution at this time, the investment profit and loss will not increase with the continuous decline of the futures price. The formula for calculating the maximum profit and loss of this strategy is:
Investment profit and loss = royalties charged for selling options-royalties paid for buying options.
4. breakeven point = low exercise price+put option income premium c call option payment premium.
Timing of use: It is expected that futures prices will fall in the future, but the downward trend will only be in the form of price decline, and there will be no sharp decline.
Example 3
Wheat futures price 1.600 yuan/ton, investor put option price 1.590 yuan/ton, income premium price 47 yuan/ton; Buy options with strike price of 16 10, and pay the royalty of 37 yuan/ton.
Then:
When the futures price is ≥ 16 10 yuan/ton, the investment profit and loss is1590c1610+47c37 =-10 yuan/ton.
When the futures price is ≤ 1590 yuan/ton, the investment profit and loss is 47 C 37 =10 yuan/ton.
When 1590 yuan/ton Question 4: What does "holding a put option" mean? Here, shorting in "holding short put options" refers to the investor who gives the put options to the buyer and the seller. That is to say, if the stock price falls, the buyer who holds the put options will obviously gain, on the contrary, as a short, the investor who sells the options to the buyer will lose money.
Therefore, the "holding short put option" here is mainly to lock the position of investors, who are short sellers.
Be considerate.
Question 5: What do call options and put options mean? Let's take crude oil futures as an example:
Bull: I think the price will go up in the future.
Bear: I think the price will fall in the future.
Option: understood as a right, if you get an option, you can buy a certain number of shares at a specified price after a specified time.
Question 6: Why are buyers called bulls and sellers called bears in options? Short (short) refers to investors who are not optimistic about the prospects of the stock market when the stock price is expected to fall. For example, in late July of 200 1, the stock market began to fall, and many people still insisted on long positions. A few people think that the stock market will plummet, so they immediately close their positions or lighten their positions. Become a bear. Long-term investors who expect the stock price to rise and are optimistic about the stock market prospects. Later, I found that the stock market prospect was not optimistic, and I immediately turned empty. Dragon (multi-party) refers to investors who expect the stock price to rise and are optimistic about the stock market prospects. For example: 1999 May19 As soon as the market started, many people took a bullish view, boldly opened positions and became bulls. Fanduo: a short investor who expected the stock price to fall and was bearish on the stock market prospect. Later, when I found that the stock market was optimistic, I immediately turned to cattle. No one counts the data of cattle and bears. Generally, we can judge the strength comparison between long and short sides from the trend of the market. From the K-line form, the negative line represents the short position advantage, the positive line represents the long position advantage, and the cross star represents the close relationship between the long and short sides. Of course, this only represents the strength comparison of the day, and other information is needed to judge the future trend.
Bulls and bears are not immutable. A cow today may become a bear tomorrow.
Question 7: I don't understand short options. Since call option is a right to buy, why short? The short of call option is actually the provider of call option, not the holder of call option. Generally speaking, the right to buy a subject matter at an agreed price within a specific time refers to the right of the option holder, while the option provider who sells the call option has the obligation only when the call option is exercised. In fact, these bears believe that the future trend of call options is bearish, but not bullish. As a provider of call options, selling call options actually charges a batch of fees, which can be earned by hedging risks and other methods.
Question 8: I just studied financial engineering, and learned options, short selling rights, short selling rights, short selling rights and images. I don't know how to ask God for advice. Thank you! 1, drawing this thing, the list can be understood, but drawing is inconvenient, so I can't understand it. But I suggest you know the upper and lower price limits of American options and European options, and you can draw a picture.
Let's explain it this way. Options themselves are different from bearish.
A call option means that a bull has the right to buy the underlying asset at a fixed price.
Short selling means that the bulls of options have the right to sell the underlying assets at a fixed price.
In this process, when multiple investors exercise multiple options, who will buy the underlying assets? It is the short seller who looks at multiple options, that is, the person who sells this option.
Similarly, the same is true for short options.
Question 9: What are long options and short options? Call option refers to buying call option, and put option refers to selling call option. Put option bullish refers to buying put option, and put refers to selling put option. The difference between options and futures is that options expire by options, that is, they can be traded or not. If you don't close the deal, you will lose the option fee.
Question 10: the right to short call options and put options is: charge option fees; Obligation: the obligation to purchase the corresponding assets at the exercise price when the present value is lower than the exercise price.
Put option bulls have the right to sell the corresponding assets at the strike price when the present value is lower than the strike price, and can give up exercising their rights when the present value is higher than the strike price. Obligation: Pay the option fee.
The short rights of call options include: charging option fees; Obligation: When the present value is higher than the execution price, it is obliged to sell the corresponding assets at the execution price.
The long rights of call options are: the right to buy corresponding assets at the strike price when the present value is higher than the strike price, and the right to give up when the present value is lower than the strike price. Obligation: Pay the option fee.