How to buy BTC transaction with HKD
Company registration can only show that the company is relatively safe, but it can not guarantee that it will not run away, especially bitcoin company. There are many companies registered in Hong Kong. In fact, many of them are mainlanders and earn money from the mainland.
2. Buyer or seller (grantor): refers to the party who sells the right
3. Premium: the premium paid by the buyer to the seller to purchase the right, also known as insurance premium. Option fee is of great significance; One is that the maximum loss that the option buyer may suffer is controlled within the option fee; the other is that the option seller can get an option fee income immediately by selling an option. The loss of the buyer or the profit of the Seller shall be subject to the option fee, which shall not exceed
4. Transaction price: refers to the forward commodity transaction price agreed by the buyer and the seller, also known as the basic price or contract price
5. Declaration date: when the option buyer requests to perform the delivery or delivery of the commodity contract, he must notify the seller one day before the predetermined delivery date or delivery date, which is called "notice date" or "tomorrow"
6. Maturity date: refers to the delivery date or delivery date determined in advance. On this day, an option contract that has been declared in advance must be fulfilled, which is the end of the validity period of the option contract. This day is also called "fulfillment day"
the elements of option trading contracts in the financial market are the same as above, but the "commodity" here is just a financial commodity< (1) strike price (also called strike price). The purchase and sale price of the subject matter stipulated in advance when the buyer exercises the right
(2) royalty. The option price paid by the buyer of the option is the fee paid by the buyer to the seller of the option in order to obtain the option< (3) performance bond. The option seller must deposit the financial guarantee used by the exchange for performance< (4) call option and put option. Call option refers to the right to buy a certain amount of subject matter at the strike price ring the term of the option contract; Put option refers to the right to sell the subject matter. When an option buyer expects the price of the subject matter to exceed the strike price, he will buy a call option, on the contrary, he will buy a put option
thirdly, China has not yet opened options, and there is no real options exchange. But people can invest in options through two channels
1. Through the bank channel, options can be bought and sold in the bank. Banks such as China Merchants Bank, Bank of communications and Minsheng Bank all have options trading
2. Through foreign channels, options can be traded through some foreign options trading platforms< 4. Trading options
1. Trading definition
refers to the option that both parties have on whether to buy or sell a certain foreign exchange in the future according to the agreed exchange rate in the process of foreign exchange trading
2. Trading advantages
option trading makes up for the defect that forward trading only guarantees present value but not future value. It has greater flexibility, and for contract holders, when the exchange rate is favorable, they will take non delivery measures, so that the exchange rate risk loss is less than or equal to the insurance premium
(1) option is an effective risk management tool. Options are futures contracts, which can be said to be derivatives of derivatives. Therefore, options can be used to maintain the value of both spot and futures business. Through the call option, it can keep the value of the spot or futures, and will not face the risk of margin call. Through the put option, we can rece the cost of holding or increase the position income. The comprehensive use of options with different strike prices and different maturities makes it possible to provide tailor-made hedging strategies for hedgers with different preferences
(2) options provide investors with more investment opportunities and strategies. In futures trading, only when the price changes directionally can the market have investment opportunities. If the price is in the consolidation period with less fluctuation, there will be no investment opportunities in the market. In option trading, whether the futures price is in bull market, bear market or consolidation, it can provide investors with profit opportunities. Futures trading can only be based on direction. The trading strategy of options can be based on the change direction of futures price, and can also be based on the volatility of futures price. When investors are bullish on volatility, they can buy straddle, wide straddle and other trading portfolios; On the contrary, if investors are short of volatility, they can do the opposite of the above strategy< (3) leverage. Options can provide investors with greater leverage. In particular, the short maturity of the virtual option. Compared with futures margin, the same amount of contracts can be controlled with less royalty. Take the average option as an example to compare with futures< (1) unique profit and loss structure
compared with stock, futures and other investment tools, the difference of option lies in its nonlinear profit and loss structure
for a long futures position with a cost of 1800 yuan / ton, the position loss will increase by one yuan for every one yuan rise in price and one yuan fall in price. For short futures positions, the opposite is true
profit and loss 1800 the profit and loss chart of futures price futures position is the profit and loss chart of long call option with execution price of 1800 yuan. The profit and loss chart at maturity is a broken line rather than a straight line, and there is a corner at the position of the execution price. If the futures price is less than the option strike price, the call option is in a state of virtual value and has no value at maturity. No matter how deep the futures price falls, the buyer's loss will not increase; If the maturity futures price is 1820 yuan, the call right is in the state of profit and loss balance; If the futures price is greater than the option strike price, the nature of call option long position is the same as that of futures long position, and the relationship between the profit and loss of call option and the change of futures price begins to change in the same direction
it is the nonlinear profit and loss structure of options that makes options have obvious advantages in risk management and portfolio investment. Through the combination of different options, options and other investment tools, investors can construct different risk return portfolio
(2) the risk of option trading
in option trading, the rights and obligations of the buyer and the seller are different, which makes the buyer and the seller face different risk situations. For option traders, both the buyer's and the seller's positions are faced with the risk of adverse changes in royalty. This is the same as futures, that is, within the range of royalty, if you buy low but sell high, you can make a profit by closing the position. On the contrary, it will lose money. Different from futures, the risk bottom line of option bulls has been determined and paid, and its risk is controlled within the scope of royalty. The risk of option short position is the same as that of futures position. Because the premium received by the option seller can provide corresponding guarantee, it can offset part of the loss of the option seller when the price changes unfavourably
although the risk of the option buyer is limited, the proportion of its loss may be 100%, and the limited losses add up to a larger loss. The option seller can receive the premium. Once the price has a big adverse change or the volatility rises sharply, although the futures price can not fall to zero or rise indefinitely, from the perspective of capital management, for many traders, the loss at this time is equivalent to "infinite". Therefore, before making option investment, investors must have a comprehensive and objective understanding of the risk of option trading.
Shanghai Stock Exchange 50ETF option investment, as an investment variety with high voice in the financial instry at present, in fact, compared with other types of financial procts, the risk is relatively low, because for investors, the loss will only affect the royalty, but the benefit is far higher than the proportion of the royalty. So, what are the trading rules of Shanghai 50ETF options and what problems need to be paid attention to? Let's have a look
trading rules of SSE 50ETF options contract code: the contract code is used to identify and record the option contract, which is unique and not reused. The Shanghai Stock Exchange 50ETF option contract code is composed of 8 digits. The listing contracts are arranged in sequence from 10000001, which is the same as the stock code
understanding of the contract: if you purchase a Shanghai 50ETF option, you will be given an option contract. How to understand the option contract? Let's take a look at this example: for example, if we buy a "50ETF sell January 2250" contract, we can see that "50ETF" is the subject matter of the option“ "Put" refers to the classification of rights, i.e. put contracts (similarly, if it is "buy", i.e. call contracts)“ "January" refers to the expiration month, i.e. the expiration date of the contract is January 23 (Wednesday on the fourth week of each month, postponed on holidays)“ 2250 "means the exercise price of the option
contract type: its contract type is divided into call option and put option, which is commonly known as call option and put option
contract unit: each Shanghai 50ETF option contract corresponds to 10000 "50ETF" fund shares. A single transaction, at least one at a time, up to 30
more options are in [options understand] What's the number of the public? You know, good brother
e month: the current month, the next month and the following two quarter months, a total of four months. The general trading month is this month and next month
exercise price: that is, according to the provisions of the option contract, the transaction price of the option obligee to buy or sell the contract cousin when the option is e to exercise
royalty: if the option buyer wants to have the right, he must pay a certain fee to the option seller, which is called royalty. The size of royalty is mainly affected by the length of maturity, execution price, market price, and high volatility
there are many friends who are not very clear about the trading rules of 50ETF options. Let's give a brief introction
because options are leveraged, the fluctuation of Shanghai Stock Exchange 50 index will make 50ETF options fluctuate violently. Only when there is fluctuation can there be risk and return
when we buy 50 ETF option contracts, we make profits when the price increases. Note that when the price of holding contracts increases, we make profits. This is the same as stocks
50ETF options we know that we can trade long, short
the choice of call and put. It is very simple to understand that call is long, and put is short
how much does a 50ETF need at least? Suppose that the latest price of a certain subscription contract is 0.0388, which means to buy one is 388 yuan, because it takes 10000 contract units
50ETF options trading rules the most important points are as follows, which are also our comparison with the stock trading rules:
-
50ETF options can be traded T + 0, open positions and close positions on the same day, and do not need to wait until the next day. Equivalent to trading futures and U.S. stocks
-
50ETF options can be long, short, long call options, short put options,
-
50ETF options, the buyer's day rise is not limited, equivalent to the IPO, the rise is not limited, so there are many cases of small and broad, tens of thousands into millions more
< / OL >
we suggest that you can learn the knowledge of 50ETF options first, fully understand the options, and revere the options market, so as to optimize the profits. Shanghai stock exchange options series video, [options knowledge planet] take
In fact, the trading rules of 50 ETF options are more complex than stocks, but as an option buyer, it's very easy to start trading.
the most important trading rules of 50 ETF options are as follows:
-
trading time is the same as stocks, four hours per trading day
-
t + 0 trading, you can close and open positions at any time, There will be no extra handling charge, or overnight
-
the buyer's position has unlimited increase, with the highest increase of 19200%
-
the buyer will not blow out his position, but the seller adopts the margin system, which may blow out his position, It should also be combined with volatility, which has a great impact on the price of options. Before trading, we suggest that you learn 50ETF options e-book and Shanghai stock exchange options series video , fully understand and revere the options market, in order to maximize profits< in [option knowledge planet]
but as a seller of 50ETF options, it will be more complicated
50ETF options can be traded both long and short, and there are four basic trading modes:
-
buy open call options - call after the market, the market only gains when it rises,
buy open put options - put after the market, Only when the market falls can it make a profit, The third and the fourth are sellers, also known as obligors. The margin system has unlimited maximum losses and limited profits
-