The four basic trading strategies of stock index options have their own characteristics and the applicable market conditions are also different. When choosing a strategy, investors need to comprehensively consider the expectations of the market outlook, the profit and loss characteristics of the strategy, the funds in the account and other factors. ?

Take CICC's Shanghai and Shenzhen 300 stock index options as an example;

1, opening method: open positions against reserves, buy call (put) options and sell call (put) options.

2. Contract multiplier: RMB 100 per point.

For example, the option code of the Shanghai and Shenzhen 300 stock indexes is IO, so you can buy and sell call options and put options and make a reasonable trading plan. If the judgment is correct, you can exercise your rights in accordance with the agreement and make a profit by buying and selling stock indexes; If you make a mistake, you can give up exercising your rights, and all you lose is your rights and money.

For example, investors can avoid the risk of market fluctuation to a certain extent, buy bearish stock index options, and form a portfolio while buying stocks. If the market is depressed, we can make up for the loss of stocks by shorting options; If the market strengthens, although we lose royalties, we can make profits through stocks.

The option trading of Shanghai and Shenzhen 300 stock indexes refers to judging the rise and fall of stock indexes by paying a fixed price, so as to win the correct judgment of all rights and benefits. The buyer has the right to pay the royalties or buy the CSI 300 Index at the agreed price, and the seller collects the royalties and pays the performance bond. If the buyer exercises his rights, the seller will buy and sell shares at the agreed price. Since the Shanghai and Shenzhen 300 Index is virtual, it will be delivered directly in cash.