【期权思考】定投正股_老虎社区_美港股上老虎 - 老虎社区

【期权思考】定投正股+SELL CALL策略的劣势及应对策略。通过SELL CALLL虽然可以收取权利金，获得额外收益，降低持仓成本，但却锁定了上涨的空间，无法获取股价短时间内快速上涨的收益。以黑莓为例子，假定当前股价为10元，月初定投1000美元，同时卖出一个月后到期行权价格为12的CALL，到了月中因某个原因，黑莓暴涨至15美元。这种策略便错杀了12至15美元的3元收益，面对这种情况有三种应对方案:（1）认为12美元的黑莓价格仍然不高，值得继续投资，那就在被行权后继续按照12美元买回相应的股票，并继续sell call。（2）认为12美元的黑莓价格已经高估，到达了预期目标价，那就选择被行权，并不在继续买回。若之后股价下跌，重新回来定投价格区段，则继续执行定投策略。（3）在12美元正股被行权后，用一小部分资金买入月末到期的call，通过买 call获取后续的上涨收益。$黑莓(BB)$$贝壳(BEKE)$@期权小班长 @B.God @小刀大叔

期权Q&A：期权知识，你问我答

你想知道的期权知识都在这里，咨询期权问题@期权小助手

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。

精彩评论

期权小班长
2021-11-22
期权小班长
具体原因具体分析吧，如果是财报暴涨我觉得可以继续接回来；如果是wsb引发暴涨，就完全是投机操作了。为了防备暴涨，sell call不必覆盖全部持仓，比如1/2持仓备兑，1/2正常持股。这是我的想法。
应该
2021-11-30
应该
（1）认为12美元的黑莓价格仍然不高，值得继续投资，那就在被行权后继续按照12美元买回相应的股票，并继续sell call。
15元被行权了，正股怎么用12接回来？不是正股已经到15了吗？
- 恒毅者:
  是我笔误，在这种情况下如果买回，是应该按照15美元的市价买回正股，抱歉。
小刀大叔
2021-11-26
小刀大叔
感觉背后不是策略的问题，是理念和选择的问题，投资这个事情需要做取舍，不一定对仅供参考哈。

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