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热门
关关Shine__
2021-02-17
$新氧(SY)$
买啊
关关Shine__
2021-02-16
$老虎证券(TIGR)$
嘻嘻
关关Shine__
2021-02-04
$老虎证券(TIGR)$
老虎啥时候出财报啊
关关Shine__
2021-01-30
[开心]
@美股解毒师:【限售股】2021年2月面临解禁的公司
关关Shine__
2021-01-29
$诺基亚(NOK)$
就这?
关关Shine__
2021-01-29
哈哈哈嚯哈哈哈哈哈
关关Shine__
2021-01-28
$美国航空(AAL)$
就这啊啊啊?
关关Shine__
2021-01-28
$诺基亚(NOK)$
能不能行 磨磨唧唧
关关Shine__
2021-01-28
$诺基亚(NOK)$
美国韭菜醒了啊啊啊
关关Shine__
2021-01-27
$AMC院线(AMC)$
有人知道咋回事么卖了以后收益没显示啊
关关Shine__
2021-01-27
[微笑]
@阿曼曼:理想、小鹏、农夫、思摩尔等,一大波热门次新股将解禁!
关关Shine__
2021-01-25
$fuboTV Inc.(FUBO)$
后悔34卖了
关关Shine__
2021-01-23
玩一下
$理想汽车(LI)$
关关Shine__
2021-01-22
$理想汽车(LI)$
爹爹不休。服气。
关关Shine__
2021-01-22
$老虎证券(TIGR)$
玩一玩
关关Shine__
2021-01-20
学习
@孟浩:南下资金疯狂买入,投资港股该买啥?
关关Shine__
2021-01-18
学习
@老鲁随笔:美股期权入门,看完这篇全懂了
关关Shine__
2021-01-17
ok
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","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/312026586","repostId":"316075866","repostType":1,"repost":{"id":316075866,"gmtCreate":1611908030751,"gmtModify":1703755954976,"author":{"id":"3440721572920950","authorId":"3440721572920950","name":"美股解毒师","avatar":"https://static.tigerbbs.com/bbf0f514b8e5abb92266789b89f6e1e6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3440721572920950","authorIdStr":"3440721572920950"},"themes":[],"title":"【限售股】2021年2月面临解禁的公司","htmlText":"解禁股是老生常谈的一个话题,公司早期股东的变现也主要是通过这一方式。 进入2021年,大盘虽然扶摇直上,但是震荡和波动也加大。而大盘如果一直在高位震荡,也会给多头较大的压力。在重压下,有着解禁压力的公司自然就不是什么特别优秀的选择了。 我们统计了一下,2月份,发行以来涨幅超过10%的公司有13家,其中不乏涨幅超过200%和300%的,这就给股东提供了变现动力和条件。大体量的公司流动性较好,相对能对应解禁压力,而流通股本本来就较小的,可能面临更大的压力。 比较值得注意的重要公司有: <a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a> ,涨幅259.7%; <a href=\"https://laohu8.com/S/BEKE\">$贝壳(BEKE)$</a> ,涨幅218.6%; <a 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在全球大放水的情况下,根据彭博的数据,港股在2020年相较于全球其他市场估值偏低,A股上涨2年多,估值已不便宜,而当前恒生AH溢价指数仍在高位,而港股一直是低估值蓝筹股的宝地。当前全球流动性宽松持续,充裕的海外与内地资金开始寻找权益价值洼地,港股低估值与高股息凸显配置性价比。因此在经济复苏中低估值顺周期的港股有望获得更好收益率表现,这在2016年和2017年 的复苏中已经出现过。 人民币汇率升值 相信很多虎友都注意到人民币对美元持续增值,而人民币汇率升值,对港股估值折价有修复作用。相信很多虎友好奇港股市场以港币定价,采用联系汇率制度,与美国利率需保持同步与人民币并无直接联系,为什么人民币升值会影响到港股估值?主要是因为恒生指数之中,约有52%的公司以人民币为记账本位币,其中不乏市值较大的中概股公司,其本质仍为人民币资产,而以港币和美元为记账本位币仅有约38%和10%的公司,此外这些中概股对于恒指的贡献不仅局限于数量占比,在净利润占比中同样突出,中概股对于恒生指数的合计净利润占比高达80%。 资金南下疯狂扫货 此外,从资金流动方面,人民币的升值同样有利于资金南下扫货,由于南下资金在参与港股市场投资时同样牵涉到货币兑换,人民币汇率处于高位时,将更有利扩大南下资金在港股市场的购买力。其实从2020年底,A股热门板块逐步轮动瓦解,实际就机构在获利后的高低切换,通过港股通渠道投资港股的股票型公募基金总规模一年飙涨了2740亿元,这是抄底港股资产的一大主力。 综合基","text":"相信这几天大家,都被资金南下,港股大涨的消息刷屏了,这篇文章想跟大家探讨一下本轮港股上涨的逻辑,以及可供投资的标的。 本轮港股大涨的逻辑 近日以来,恒生指数接连大涨,今天更是一度大涨4%,创一年以来新高,恒指大涨背后是诸多权重股接连大涨,腾讯,美团,比亚迪,思摩尔突破新高。相信大家一定好奇本轮港股大涨的逻辑。 港股估值偏低 在全球大放水的情况下,根据彭博的数据,港股在2020年相较于全球其他市场估值偏低,A股上涨2年多,估值已不便宜,而当前恒生AH溢价指数仍在高位,而港股一直是低估值蓝筹股的宝地。当前全球流动性宽松持续,充裕的海外与内地资金开始寻找权益价值洼地,港股低估值与高股息凸显配置性价比。因此在经济复苏中低估值顺周期的港股有望获得更好收益率表现,这在2016年和2017年 的复苏中已经出现过。 人民币汇率升值 相信很多虎友都注意到人民币对美元持续增值,而人民币汇率升值,对港股估值折价有修复作用。相信很多虎友好奇港股市场以港币定价,采用联系汇率制度,与美国利率需保持同步与人民币并无直接联系,为什么人民币升值会影响到港股估值?主要是因为恒生指数之中,约有52%的公司以人民币为记账本位币,其中不乏市值较大的中概股公司,其本质仍为人民币资产,而以港币和美元为记账本位币仅有约38%和10%的公司,此外这些中概股对于恒指的贡献不仅局限于数量占比,在净利润占比中同样突出,中概股对于恒生指数的合计净利润占比高达80%。 资金南下疯狂扫货 此外,从资金流动方面,人民币的升值同样有利于资金南下扫货,由于南下资金在参与港股市场投资时同样牵涉到货币兑换,人民币汇率处于高位时,将更有利扩大南下资金在港股市场的购买力。其实从2020年底,A股热门板块逐步轮动瓦解,实际就机构在获利后的高低切换,通过港股通渠道投资港股的股票型公募基金总规模一年飙涨了2740亿元,这是抄底港股资产的一大主力。 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href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>、<a target=\"_blank\" href=\"https://laohu8.com/S/YALA\">$Yalla Group(YALA)$</a> 等等 港股的涨上天的东方神泉<a target=\"_blank\" href=\"https://laohu8.com/S/09633\">$农夫山泉(09633)$</a> 和神烟科技 <a target=\"_blank\" href=\"https://laohu8.com/S/06969\">$思摩尔国际(06969)$</a> ,还有","listText":"2020年是IPO超级大年,踏入2021年,随之而来的一大波解禁,大家都看到FUBO这几天腰斩了一波,其中最大的利空就是其于去年用股票收购的Facebank 将于1月7日解禁。 解禁到底是机会还是风险,我也说不好,只是觉得值得特别关注。 特别整理Q1解禁的热门次新股名单,包括美股的<a target=\"_blank\" href=\"https://laohu8.com/S/LI\">$理想汽车(LI)$</a>、 <a target=\"_blank\" href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/BEKE\">$贝壳(BEKE)$</a>、<a target=\"_blank\" href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>、<a target=\"_blank\" href=\"https://laohu8.com/S/YALA\">$Yalla Group(YALA)$</a> 等等 港股的涨上天的东方神泉<a target=\"_blank\" href=\"https://laohu8.com/S/09633\">$农夫山泉(09633)$</a> 和神烟科技 <a target=\"_blank\" href=\"https://laohu8.com/S/06969\">$思摩尔国际(06969)$</a> ,还有","text":"2020年是IPO超级大年,踏入2021年,随之而来的一大波解禁,大家都看到FUBO这几天腰斩了一波,其中最大的利空就是其于去年用股票收购的Facebank 将于1月7日解禁。 解禁到底是机会还是风险,我也说不好,只是觉得值得特别关注。 特别整理Q1解禁的热门次新股名单,包括美股的$理想汽车(LI)$、 $小鹏汽车(XPEV)$ 、$贝壳(BEKE)$、$Snowflake(SNOW)$ 、$Unity Software Inc.(U)$、$Yalla Group(YALA)$ 等等 港股的涨上天的东方神泉$农夫山泉(09633)$ 和神烟科技 $思摩尔国际(06969)$ ,还有","images":[{"img":"https://static.tigerbbs.com/029018ab558ad74a68f555465c94cfd7","width":"846","height":"1016"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/338645267","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":310685573,"gmtCreate":1611323827592,"gmtModify":1703749716229,"author":{"id":"3541204024985520","authorId":"3541204024985520","name":"关关Shine__","avatar":"https://static.tigerbbs.com/43acd7b92435f6bfd94a25420265d86e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3541204024985520","authorIdStr":"3541204024985520"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LI\">$理想汽车(LI)$</a>爹爹不休。服气。","listText":"<a href=\"https://laohu8.com/S/LI\">$理想汽车(LI)$</a>爹爹不休。服气。","text":"$理想汽车(LI)$爹爹不休。服气。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/310685573","isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":337866060,"gmtCreate":1611116207150,"gmtModify":1703748102190,"author":{"id":"3541204024985520","authorId":"3541204024985520","name":"关关Shine__","avatar":"https://static.tigerbbs.com/43acd7b92435f6bfd94a25420265d86e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3541204024985520","authorIdStr":"3541204024985520"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/337866060","repostId":"337060425","repostType":1,"repost":{"id":337060425,"gmtCreate":1611029727161,"gmtModify":1703747531499,"author":{"id":"58341441844653","authorId":"58341441844653","name":"孟浩","avatar":"https://static.tigerbbs.com/d3af5b59c3e4676ee72cb6e0fea0279b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"58341441844653","authorIdStr":"58341441844653"},"themes":[],"title":"南下资金疯狂买入,投资港股该买啥?","htmlText":"相信这几天大家,都被资金南下,港股大涨的消息刷屏了,这篇文章想跟大家探讨一下本轮港股上涨的逻辑,以及可供投资的标的。 本轮港股大涨的逻辑 近日以来,恒生指数接连大涨,今天更是一度大涨4%,创一年以来新高,恒指大涨背后是诸多权重股接连大涨,腾讯,美团,比亚迪,思摩尔突破新高。相信大家一定好奇本轮港股大涨的逻辑。 港股估值偏低 在全球大放水的情况下,根据彭博的数据,港股在2020年相较于全球其他市场估值偏低,A股上涨2年多,估值已不便宜,而当前恒生AH溢价指数仍在高位,而港股一直是低估值蓝筹股的宝地。当前全球流动性宽松持续,充裕的海外与内地资金开始寻找权益价值洼地,港股低估值与高股息凸显配置性价比。因此在经济复苏中低估值顺周期的港股有望获得更好收益率表现,这在2016年和2017年 的复苏中已经出现过。 人民币汇率升值 相信很多虎友都注意到人民币对美元持续增值,而人民币汇率升值,对港股估值折价有修复作用。相信很多虎友好奇港股市场以港币定价,采用联系汇率制度,与美国利率需保持同步与人民币并无直接联系,为什么人民币升值会影响到港股估值?主要是因为恒生指数之中,约有52%的公司以人民币为记账本位币,其中不乏市值较大的中概股公司,其本质仍为人民币资产,而以港币和美元为记账本位币仅有约38%和10%的公司,此外这些中概股对于恒指的贡献不仅局限于数量占比,在净利润占比中同样突出,中概股对于恒生指数的合计净利润占比高达80%。 资金南下疯狂扫货 此外,从资金流动方面,人民币的升值同样有利于资金南下扫货,由于南下资金在参与港股市场投资时同样牵涉到货币兑换,人民币汇率处于高位时,将更有利扩大南下资金在港股市场的购买力。其实从2020年底,A股热门板块逐步轮动瓦解,实际就机构在获利后的高低切换,通过港股通渠道投资港股的股票型公募基金总规模一年飙涨了2740亿元,这是抄底港股资产的一大主力。 综合基","listText":"相信这几天大家,都被资金南下,港股大涨的消息刷屏了,这篇文章想跟大家探讨一下本轮港股上涨的逻辑,以及可供投资的标的。 本轮港股大涨的逻辑 近日以来,恒生指数接连大涨,今天更是一度大涨4%,创一年以来新高,恒指大涨背后是诸多权重股接连大涨,腾讯,美团,比亚迪,思摩尔突破新高。相信大家一定好奇本轮港股大涨的逻辑。 港股估值偏低 在全球大放水的情况下,根据彭博的数据,港股在2020年相较于全球其他市场估值偏低,A股上涨2年多,估值已不便宜,而当前恒生AH溢价指数仍在高位,而港股一直是低估值蓝筹股的宝地。当前全球流动性宽松持续,充裕的海外与内地资金开始寻找权益价值洼地,港股低估值与高股息凸显配置性价比。因此在经济复苏中低估值顺周期的港股有望获得更好收益率表现,这在2016年和2017年 的复苏中已经出现过。 人民币汇率升值 相信很多虎友都注意到人民币对美元持续增值,而人民币汇率升值,对港股估值折价有修复作用。相信很多虎友好奇港股市场以港币定价,采用联系汇率制度,与美国利率需保持同步与人民币并无直接联系,为什么人民币升值会影响到港股估值?主要是因为恒生指数之中,约有52%的公司以人民币为记账本位币,其中不乏市值较大的中概股公司,其本质仍为人民币资产,而以港币和美元为记账本位币仅有约38%和10%的公司,此外这些中概股对于恒指的贡献不仅局限于数量占比,在净利润占比中同样突出,中概股对于恒生指数的合计净利润占比高达80%。 资金南下疯狂扫货 此外,从资金流动方面,人民币的升值同样有利于资金南下扫货,由于南下资金在参与港股市场投资时同样牵涉到货币兑换,人民币汇率处于高位时,将更有利扩大南下资金在港股市场的购买力。其实从2020年底,A股热门板块逐步轮动瓦解,实际就机构在获利后的高低切换,通过港股通渠道投资港股的股票型公募基金总规模一年飙涨了2740亿元,这是抄底港股资产的一大主力。 综合基","text":"相信这几天大家,都被资金南下,港股大涨的消息刷屏了,这篇文章想跟大家探讨一下本轮港股上涨的逻辑,以及可供投资的标的。 本轮港股大涨的逻辑 近日以来,恒生指数接连大涨,今天更是一度大涨4%,创一年以来新高,恒指大涨背后是诸多权重股接连大涨,腾讯,美团,比亚迪,思摩尔突破新高。相信大家一定好奇本轮港股大涨的逻辑。 港股估值偏低 在全球大放水的情况下,根据彭博的数据,港股在2020年相较于全球其他市场估值偏低,A股上涨2年多,估值已不便宜,而当前恒生AH溢价指数仍在高位,而港股一直是低估值蓝筹股的宝地。当前全球流动性宽松持续,充裕的海外与内地资金开始寻找权益价值洼地,港股低估值与高股息凸显配置性价比。因此在经济复苏中低估值顺周期的港股有望获得更好收益率表现,这在2016年和2017年 的复苏中已经出现过。 人民币汇率升值 相信很多虎友都注意到人民币对美元持续增值,而人民币汇率升值,对港股估值折价有修复作用。相信很多虎友好奇港股市场以港币定价,采用联系汇率制度,与美国利率需保持同步与人民币并无直接联系,为什么人民币升值会影响到港股估值?主要是因为恒生指数之中,约有52%的公司以人民币为记账本位币,其中不乏市值较大的中概股公司,其本质仍为人民币资产,而以港币和美元为记账本位币仅有约38%和10%的公司,此外这些中概股对于恒指的贡献不仅局限于数量占比,在净利润占比中同样突出,中概股对于恒生指数的合计净利润占比高达80%。 资金南下疯狂扫货 此外,从资金流动方面,人民币的升值同样有利于资金南下扫货,由于南下资金在参与港股市场投资时同样牵涉到货币兑换,人民币汇率处于高位时,将更有利扩大南下资金在港股市场的购买力。其实从2020年底,A股热门板块逐步轮动瓦解,实际就机构在获利后的高低切换,通过港股通渠道投资港股的股票型公募基金总规模一年飙涨了2740亿元,这是抄底港股资产的一大主力。 综合基","images":[{"img":"https://static.tigerbbs.com/bd22d4003adec40c6cca10a3ba7a36d1","width":"1920","height":"1080"},{"img":"https://static.tigerbbs.com/000b889f6573f31727678817fe8011b5","width":"1834","height":"1170"},{"img":"https://static.tigerbbs.com/9e1c5dc6ec3eb1d39e4f27dacc578a1f","width":"952","height":"792"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/337060425","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":334768873,"gmtCreate":1610983213892,"gmtModify":1703747390176,"author":{"id":"3541204024985520","authorId":"3541204024985520","name":"关关Shine__","avatar":"https://static.tigerbbs.com/43acd7b92435f6bfd94a25420265d86e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3541204024985520","authorIdStr":"3541204024985520"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/334768873","repostId":"330201068","repostType":1,"repost":{"id":330201068,"gmtCreate":1608620864854,"gmtModify":1703735772152,"author":{"id":"3475881360925617","authorId":"3475881360925617","name":"老鲁随笔","avatar":"https://static.tigerbbs.com/d535174472de4c802c0f5dd0dd467dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3475881360925617","authorIdStr":"3475881360925617"},"themes":[],"title":"美股期权入门,看完这篇全懂了","htmlText":"相信很多人对于期权的概念是风险高、不敢操作、理解难的印象,在这里老鲁给大家通过生动的案例帮助你们更好的理解它,如果您想学习更多关于期权的知识,可以关注下我的公众号:【老鲁随笔】假设小王准备买套婚房,现价是200万,但看到很多人都在说房价要跌,他想观望一阵子,但又怕房价涨了自己这点钱就又不够了。于是,小王跟房地产商签了个合约,约定一年后不管房价怎么变化,自己都可以用200万买下这套房子。空口无凭,小王得为这个合约支付2万元的合约费(权利金)未来会出现两种情况:1.一年后房价上涨了,小王还是以200万买下了这套房子,合约费是不退的。2.一年后房价大跌,小王直接放弃这个合约,2万元合约费不要了。因为以当时的现价购房,小王即使损失合约费,还是赚的。对小王来说,他最大的损失就是2万元的合约费,他用2万元锁定了房价波动的风险,再也不会像别人那样去打杂售楼处了。小王的行为叫买进看涨期权,他的最大损失就是前面说的合约费,因为明年房价如果低于200万,他就不会去履行这个合约,此时选择自己按市价买房更划算。只有明年房价超过202万元,小王才是赚钱的,因为他有2万元的固定合约费支出。如果明年房价只涨到201万元,虽然小王可以用200万元去买下房子,但因为加上2万元的合约成本,其实他这笔合约还是亏钱的。所以,买进看涨期权的盈亏平衡点=行权价格+权利金。为什么说期权是有杠杆的?今年房价是200万,小王直接买下,明年涨到230万,小王赚了30万,也就是收益率15%。如果小王买了看涨期权,花了2万元,明年房价涨到230万,小王赚了28万(30万-2万),相当于用2万赚了28万,收益是14倍。原文首发工种号:老鲁随笔看完这个案例我们再来理解股票期权就很简单了,我们就以波音公司为例,我写这篇稿子的时间是2020年12月3日,当前","listText":"相信很多人对于期权的概念是风险高、不敢操作、理解难的印象,在这里老鲁给大家通过生动的案例帮助你们更好的理解它,如果您想学习更多关于期权的知识,可以关注下我的公众号:【老鲁随笔】假设小王准备买套婚房,现价是200万,但看到很多人都在说房价要跌,他想观望一阵子,但又怕房价涨了自己这点钱就又不够了。于是,小王跟房地产商签了个合约,约定一年后不管房价怎么变化,自己都可以用200万买下这套房子。空口无凭,小王得为这个合约支付2万元的合约费(权利金)未来会出现两种情况:1.一年后房价上涨了,小王还是以200万买下了这套房子,合约费是不退的。2.一年后房价大跌,小王直接放弃这个合约,2万元合约费不要了。因为以当时的现价购房,小王即使损失合约费,还是赚的。对小王来说,他最大的损失就是2万元的合约费,他用2万元锁定了房价波动的风险,再也不会像别人那样去打杂售楼处了。小王的行为叫买进看涨期权,他的最大损失就是前面说的合约费,因为明年房价如果低于200万,他就不会去履行这个合约,此时选择自己按市价买房更划算。只有明年房价超过202万元,小王才是赚钱的,因为他有2万元的固定合约费支出。如果明年房价只涨到201万元,虽然小王可以用200万元去买下房子,但因为加上2万元的合约成本,其实他这笔合约还是亏钱的。所以,买进看涨期权的盈亏平衡点=行权价格+权利金。为什么说期权是有杠杆的?今年房价是200万,小王直接买下,明年涨到230万,小王赚了30万,也就是收益率15%。如果小王买了看涨期权,花了2万元,明年房价涨到230万,小王赚了28万(30万-2万),相当于用2万赚了28万,收益是14倍。原文首发工种号:老鲁随笔看完这个案例我们再来理解股票期权就很简单了,我们就以波音公司为例,我写这篇稿子的时间是2020年12月3日,当前","text":"相信很多人对于期权的概念是风险高、不敢操作、理解难的印象,在这里老鲁给大家通过生动的案例帮助你们更好的理解它,如果您想学习更多关于期权的知识,可以关注下我的公众号:【老鲁随笔】假设小王准备买套婚房,现价是200万,但看到很多人都在说房价要跌,他想观望一阵子,但又怕房价涨了自己这点钱就又不够了。于是,小王跟房地产商签了个合约,约定一年后不管房价怎么变化,自己都可以用200万买下这套房子。空口无凭,小王得为这个合约支付2万元的合约费(权利金)未来会出现两种情况:1.一年后房价上涨了,小王还是以200万买下了这套房子,合约费是不退的。2.一年后房价大跌,小王直接放弃这个合约,2万元合约费不要了。因为以当时的现价购房,小王即使损失合约费,还是赚的。对小王来说,他最大的损失就是2万元的合约费,他用2万元锁定了房价波动的风险,再也不会像别人那样去打杂售楼处了。小王的行为叫买进看涨期权,他的最大损失就是前面说的合约费,因为明年房价如果低于200万,他就不会去履行这个合约,此时选择自己按市价买房更划算。只有明年房价超过202万元,小王才是赚钱的,因为他有2万元的固定合约费支出。如果明年房价只涨到201万元,虽然小王可以用200万元去买下房子,但因为加上2万元的合约成本,其实他这笔合约还是亏钱的。所以,买进看涨期权的盈亏平衡点=行权价格+权利金。为什么说期权是有杠杆的?今年房价是200万,小王直接买下,明年涨到230万,小王赚了30万,也就是收益率15%。如果小王买了看涨期权,花了2万元,明年房价涨到230万,小王赚了28万(30万-2万),相当于用2万赚了28万,收益是14倍。原文首发工种号:老鲁随笔看完这个案例我们再来理解股票期权就很简单了,我们就以波音公司为例,我写这篇稿子的时间是2020年12月3日,当前","images":[{"img":"https://static.tigerbbs.com/32d4177d76c3dfeca1402641828f4964","width":"1200","height":"711"},{"img":"https://static.tigerbbs.com/e9fac866ca5d84bf808b45f3eb43c1a4","width":"806","height":"577"},{"img":"https://static.tigerbbs.com/cfb8e99cfad646b0795716d9289d7f20","width":"997","height":"805"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/330201068","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":20,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}