三心,这个QQQ的option 可行吗?

g
gladys
楼主 (文学城)

是selling a covered call. 不知道为什么PoP这么低?我假设7月18日,股价只能在一个方向。如果在中间,就白拿premium. 

n
nancyjin5391
一下子涨过$552的话,你有足够的资金吗?

如果IRA里的账户,都不让你做这一单

B
BrightLine
没问题啊,他有股票啊
n
nancyjin5391
哦,没看明白

这种做法回报$7/$530=1.32%, 太低。

不喜欢covered call, 资金压了太高

三心三意
what is the purpose of that bull put spread?
三心三意
it only gives 0.8 credit. not going to help you to protect accou
B
BrightLine
对,回报太少
g
gladys
The purpose is to collect time value in the sideways market
g
gladys
实际进点可以拿到更多的credit.
三心三意
This is not hedge, this is trying to make $$ in option
g
gladys
Since IWM is still holding up, there's no need to hedge?
三心三意
Not sure $0.8 per contract is worth the effort

10000 shares only land 8K profit :)

g
gladys
This is intended mainly as a learning experience :D
三心三意
The bigger problem is: if QQQ drop below 487, you lose $72k
g
gladys
I have a buy 487 put. Max loss is $93 total
g
gladys
The gain is $707 total, I'll improve it to $1k per contract
三心三意
That is the common confusion abuot bull put spread

You can always wait to buy stock at 487 or below.

But when you commit to this option now, ut means that when stock moves from 495 to 487, you are losing on that spread (to say it differently, it raises your cost base by $7.2)

g
gladys
下来的话,卖545的call 不赚钱了吗?用545 call补贴,下来的最大损失是$93
三心三意
These 2 are independent. 股票掉了,cc 反正是要make profit

The issue is the bull put spread, you only make $0.8 out of a $8 spread, so, you are exposing to a uneccessary $7.2 loss with nothing in return

g
gladys
是喔。这里要改进。谢谢三心!
三心三意
一般说, bull put spread 用 1/3 rule: $15的spread应该至少拿不少于$5 credit
g
gladys
好的。再去琢磨一个