The position limit of SSE 5ETF options is as follows:
1. The right position limit of newly opened contract account options contract account is 2, the total position limit is 5, and the cumulative position opening limit in a single day is 1
2. Customers who have opened the contract account for one month and the transaction volume of options contracts reaches 1 have the third-level trading authority, the risk tolerance is enterprising and the evaluation date is.
Extended information
Relative advantages of SSE 5ETF options
1. Good market representativeness
The most important thing is that the index is representative and can reflect the trend of the whole market. According to the closing price on June 3, 24, the total market value of the constituent stocks of SSE 5 Index is 1,387.5 billion yuan, accounting for 45.15% of the total market value of 812 stocks of SSE A;
in terms of correlation, the correlation coefficient between the daily logarithmic rate of return of SSE 5 Index and the daily logarithmic rate of return of SSE A Index was as high as .961 from January to June in 24. This shows that the SSE 5 index has a good representation and can reflect the overall trend of the Shanghai securities market.
2. The liquidity of constituent stocks is high
From January to June, 24, the daily average turnover and turnover of constituent stocks of SSE 5 Index were 5.53 million shares and 4.3 billion yuan respectively, accounting for 32.3% and 3.1% of the daily average turnover and turnover of A shares of SSE respectively. The good liquidity of the constituent stocks of SSE 5 Index is the basic guarantee for investors to purchase, redeem and arbitrage.
3. Strong index stability
From January to June, 24, the standard deviation of daily logarithmic rate of return of SSE 5 Index was .127, while that of SSE A-share Index was .139. This shows that the SSE 5 index is more stable and has less investment risk.
4. Low moral hazard
The constituent stocks of the SSE 5 Index have obvious characteristics of large-scale basket-raising, and fund companies and listed companies are less likely to have moral hazard.
Baidu encyclopedia -5ETF