The practice and benefits of the option seller strategy. Investors like to be on the buyer side. Because the risk is small and the cost is low, most investors treat the option buyer as lottery. Of course, this It’s also a method! However, in the actual implementation of the option seller strategy, although the risk is high, the probability of occurrence is small. In addition, if you cooperate with your own judgment of the market situation, you can greatly reduce the probability of losses. Even if you are on the seller side, you can collect the premium first. Therefore, when investing, you have already established yourself on the side with the advantage.

The supply strategy of this article is as follows, which is summarized as follows:

1. The seller’s strategy of options before expiration

Buy futures and sell at the same time at the buying price Option - long

Sell futures and buy at-the-money call options - short

Sell at-the-money calls and buy out-of-the-money calls - short spread strategy

A long spread strategy of selling at-the-money put options and buying at-the-money put options at the same time

2. Pre-expiry option buyer strategy

To 5 days before the expiration, buy the out-of-the-money strangle

3. Butterfly strategy with option expiration strategy (conservative operation strategy):

Before expiration On the 5th day, long butterfly, the strategy of keeping the position can keep the buyer

On the 5th day before expiration, the short butterfly, the strategy of keeping the position can keep the buyer