To understand the option warehouse, we must first understand the concept of option borrowing. Use option sauce as chestnuts. Borrowed positions refer to large investors who need to make more than 400 stock index futures contracts for 12 months. However, due to position restrictions, he can only hold more than 200 lots at present. At this time, he needs to buy more than 400 lots, and he needs the futures company to buy more than 200 lots in someone else's standby account.

This is the concept of borrowing warehouse, which is based on the position limit of your own account and the mode of buying through multiple accounts. Then the warehouse is an extended version of this version. When investors need a lot of money to control the disk, they need futures companies to help them use dozens of accounts to divide positions, so as to achieve the purpose of holding a large number of multiple orders or empty orders.

Image source: Baidu Caishun Option

Second, what is the use of options?

At this time, you may question, why do you want to do warehouse operation on such a large scale, and what is the role of this operation model?

In fact, after investors hold multiple orders or empty orders through the mode of dozens of people, they are forced to be empty or empty. The purpose is to control the disk with this sub-warehouse mode and obtain more lucrative profits.

Strictly speaking, this sub-warehouse model can be defined as manipulating the market, which is currently prohibited by the regulatory authorities. If investors need to split positions, they need the assistance of futures companies, and futures companies all realize this multi-account manipulation through the option split position system.