十年1362
2022-09-10
学习
@OptionS:
期权感悟16:sell put仓位两种不同布局思路的比较
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP,发表看法
APP内打开
发表看法
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":663949091,"tweetId":"663949091","gmtCreate":1662782889614,"gmtModify":1662782892091,"author":{"id":3566810452134830,"authorId":3566810452134830,"authorIdStr":"3566810452134830","name":"十年1362","avatar":"https://static.tigerbbs.com/d42bb790a6128f33558de131284ce99c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>学习</p></body></html>","htmlText":"<html><head></head><body><p>学习</p></body></html>","text":"学习","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/663949091","repostId":663052129,"repostType":1,"repost":{"magic":2,"id":663052129,"tweetId":"663052129","gmtCreate":1662702987162,"gmtModify":1710248540243,"gmtUserModify":1706322781981,"author":{"id":3585800644196386,"authorId":3585800644196386,"authorIdStr":"3585800644196386","name":"OptionS","avatar":"https://static.tigerbbs.com/9047bf44c545bc9fb56d7d7795ee174b","vip":2,"userType":2,"introduction":"科技创业者 前大厂程序员","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.27","exceedPercentage":"93.70%","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"3f8f4b8c193b4343a88817ce07587dbd-1","templateUuid":"3f8f4b8c193b4343a88817ce07587dbd","name":"星级创作者","description":"社区优质创作者:发表过3篇及以上精华帖,且30天内发表过至少一篇精华帖并参与过评论","bigImgUrl":"https://static.tigerbbs.com/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://static.tigerbbs.com/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://www.laohu8.com/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.26","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":4883,"starInvestorFlag":true,"starInvestorFollowerNum":3051,"starInvestorOrderShareNum":218,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"showRor":false,"investmentPhilosophy":"十多年期权sell型玩家,投资=认知变现,期权:更好的认知表达工具,文章见期权感悟系列。","winRationPercentage":74.374255,"navOrReporedYield":0},"themes":[{"themeId":"bc6e8e4b405b43429905237d8c15ff4c","categoryId":"20b8d1944bae4805b371322c2ab986d4","name":"期权Q&A:期权知识,你问我答","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":bc6e8e4b405b43429905237d8c15ff4c}&rnconfig={\"headerBarHidden\": true}","description":"你想知道的期权知识都在这里,咨询期权问题@期权小助手","image":"https://static.tigerbbs.com/672d6bc9cf055ebef009d5ee69bfef82"}],"images":[],"coverImages":[],"title":"期权感悟16:sell put仓位两种不同布局思路的比较","html":"<html><head></head><body><p>sell put 仓位布局过去我大致有两种思路:</p> \n<p>思路A:</p> \n<p><strong>布局下一周,下个月sell put,等到期后,再继续</strong>。</p> \n<p>思路B:</p> \n<p>一次性布局好未来数个月,数周的sell put,越远期的行权价越低。<strong>窗口式平移滑动。窗口期长度一般是3个月左右。</strong></p> \n<p>思路A的优点是:</p> \n<p>当大盘逐渐下行的时候,这一布局可以逐渐下移行权价,获得更好的安全边际。</p> \n<p><strong>万一暴跌,接盘的规模常常会比思路B少一些</strong>。</p> \n<p>思路B的优点是:</p> \n<p>1、比思路A<strong>用了更多的远期期权</strong>,很多远期的行权价可以选择非常低,比如我sell 明年<a target=\"_blank\" href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a> 100的put。提供很好的安全边际。</p> \n<p>2、如果大盘未来逐渐上行,思路A下一周期的行权价很难选择,总会嫌行权价太高了,无法下手。思路B因为提前布局好了,同时享受正股价格上行+时间价值衰减的红利,即delta和theta的红利。</p> \n<p>缺点是:</p> \n<p>1、这个<strong>排兵布阵,容易引入高杠杆</strong>,一不注意,没计算好,就容易下单下多了。再赶上暴跌,接不动盘,下场很惨。</p> \n<p>2、如果大盘未来下行速度很快,本来看起来安全垫挺厚的远期期权都亏成狗。</p> \n<p>小结:最简单的记忆是 <strong>如果觉得现在大盘在中位或者高位,千万别用思路B,思路A更好</strong>。</p> \n<p><strong>如果觉得现在大盘已经比较谷底了,下行空间相对有限,思路B更好</strong>。</p> \n<p>目前环境下,我布局<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> ,<a target=\"_blank\" href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a> ,tesla的sell put用的是思路B。</p> \n<p>注意:无论哪种思路,一定要确保cash-secured。</p> \n<p>附:<a href=\"https://www.laohu8.com/post/682657768\" target=\"_blank\">期权感悟:Tesla Sell Put</a></p> \n<p><a href=\"https://www.laohu8.com/post/686590477\" target=\"_blank\"><span>期权感悟3:Cash-secured</span></a></p></body></html>","htmlText":"<html><head></head><body><p>sell put 仓位布局过去我大致有两种思路:</p> \n<p>思路A:</p> \n<p><strong>布局下一周,下个月sell put,等到期后,再继续</strong>。</p> \n<p>思路B:</p> \n<p>一次性布局好未来数个月,数周的sell put,越远期的行权价越低。<strong>窗口式平移滑动。窗口期长度一般是3个月左右。</strong></p> \n<p>思路A的优点是:</p> \n<p>当大盘逐渐下行的时候,这一布局可以逐渐下移行权价,获得更好的安全边际。</p> \n<p><strong>万一暴跌,接盘的规模常常会比思路B少一些</strong>。</p> \n<p>思路B的优点是:</p> \n<p>1、比思路A<strong>用了更多的远期期权</strong>,很多远期的行权价可以选择非常低,比如我sell 明年<a target=\"_blank\" href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a> 100的put。提供很好的安全边际。</p> \n<p>2、如果大盘未来逐渐上行,思路A下一周期的行权价很难选择,总会嫌行权价太高了,无法下手。思路B因为提前布局好了,同时享受正股价格上行+时间价值衰减的红利,即delta和theta的红利。</p> \n<p>缺点是:</p> \n<p>1、这个<strong>排兵布阵,容易引入高杠杆</strong>,一不注意,没计算好,就容易下单下多了。再赶上暴跌,接不动盘,下场很惨。</p> \n<p>2、如果大盘未来下行速度很快,本来看起来安全垫挺厚的远期期权都亏成狗。</p> \n<p>小结:最简单的记忆是 <strong>如果觉得现在大盘在中位或者高位,千万别用思路B,思路A更好</strong>。</p> \n<p><strong>如果觉得现在大盘已经比较谷底了,下行空间相对有限,思路B更好</strong>。</p> \n<p>目前环境下,我布局<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> ,<a target=\"_blank\" href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a> ,tesla的sell put用的是思路B。</p> \n<p>注意:无论哪种思路,一定要确保cash-secured。</p> \n<p>附:<a href=\"https://www.laohu8.com/post/682657768\" target=\"_blank\">期权感悟:Tesla Sell Put</a></p> \n<p><a href=\"https://www.laohu8.com/post/686590477\" target=\"_blank\"><span>期权感悟3:Cash-secured</span></a></p></body></html>","text":"sell put 仓位布局过去我大致有两种思路: 思路A: 布局下一周,下个月sell put,等到期后,再继续。 思路B: 一次性布局好未来数个月,数周的sell put,越远期的行权价越低。窗口式平移滑动。窗口期长度一般是3个月左右。 思路A的优点是: 当大盘逐渐下行的时候,这一布局可以逐渐下移行权价,获得更好的安全边际。 万一暴跌,接盘的规模常常会比思路B少一些。 思路B的优点是: 1、比思路A用了更多的远期期权,很多远期的行权价可以选择非常低,比如我sell 明年$特斯拉(TSLA)$ 100的put。提供很好的安全边际。 2、如果大盘未来逐渐上行,思路A下一周期的行权价很难选择,总会嫌行权价太高了,无法下手。思路B因为提前布局好了,同时享受正股价格上行+时间价值衰减的红利,即delta和theta的红利。 缺点是: 1、这个排兵布阵,容易引入高杠杆,一不注意,没计算好,就容易下单下多了。再赶上暴跌,接不动盘,下场很惨。 2、如果大盘未来下行速度很快,本来看起来安全垫挺厚的远期期权都亏成狗。 小结:最简单的记忆是 如果觉得现在大盘在中位或者高位,千万别用思路B,思路A更好。 如果觉得现在大盘已经比较谷底了,下行空间相对有限,思路B更好。 目前环境下,我布局$腾讯控股(00700)$ ,$美团-W(03690)$ ,tesla的sell put用的是思路B。 注意:无论哪种思路,一定要确保cash-secured。 附:期权感悟:Tesla Sell Put 期权感悟3:Cash-secured","highlighted":1,"essential":1,"paper":2,"link":"https://laohu8.com/post/663052129","repostId":0,"isVote":1,"tweetType":1,"commentLimit":10,"symbols":["TSLA","03690","00700","TCEHY","MPNGY"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1062,"xxTargetLangEnum":"ZH_CN"},"isVote":1,"tweetType":1,"viewCount":1420,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/663949091"}
精彩评论