U.S. stocks consolidated normally yesterday. After all, they needed to take a break after rising for so long. Today's opening Asian Handicap is also lethargic. Everyone should be waiting to see if the two superpowers can talk about something.
After all, it is impossible for the United States to destroy the jobs of people all over the world even if it has a good reputation. Politics is to have fewer enemies and more friends. Our productivity overflows, their consumption power overflows, polar bear resources overflow. If the talks are really concluded, at least half of the foreign trade development issues in the next 10 years will be solved. Of course, domestic demand cannot be met by relying on this.
Yesterday there was news that HK was considering accepting pie as proof of liquid assets for settlement. (Actually, it is a proposal from a congressman) I am very not optimistic about this plan. After all, it is too FD to move decentralized assets into centralized assets and declare them. It is a complete betrayal of faith. . Not to mention issues such as taxation, you must understand that it is easy to enter the exchange, but difficult to get out...
Note that Mosaic still seems to be considered a virtual asset and does not enjoy the preferential tax system... I remembered an idiom, which is called "Please enter the urn"
Today's market is fine. Mosaic has made a slight correction. Erbiao has accumulated a lot of hold-up orders at the previous high of 2146. With many players pledging, he sold when the profit was due without any scruples. Yesterday I saw a lot of news and the rates at Xiaya Station were also very normal. I guess I probably won’t be able to afford it. Next, my strategy is mainly to collect more mid- and long-term PUTs, and then use the calendar to recover the point cost appropriately on the near end. It is unlikely that the market will fall by 30% in one day, but if the decline slowly accumulates in the long term, the probability is quite high.
Later we will focus on the trading competition. This trading competition is mainly aimed at achieving a trading volume of 300W and having a chance of winning the largest reward, which is close to the value of a MacBook (2000U).
Let me summarize my common trading habits below, which can effectively help everyone safely increase their trading volume every day.
1. All doomsday put options are manually closed in case of closing the position (don’t worry about the handling fee, you won’t get much in case of closing the position)
2. For all positions and put options, have your profit-taking price determined in advance, such as 80%, then you can place this take-profit order in advance, which can reduce some position risks in time when the heaven and earth needle appears.
3. End-of-day options, if you are more diligent and like to trade in the morning, are very suitable for certain put hedging. Let me give you a simple example. It is 11 o'clock in the morning, and there are still 5 hours before afternoon delivery, but you The delta is 0.5. Then you can completely give up the profit brought by the positive 0.5 today and choose to sell 0.5-1 lot atm call to erase your delta with the put option and replace it with the gains from theta and vega. Because the annualized rate of these few hours is very high, it is much faster than the settlement if you sell a weekly dimension. It's equivalent to temporarily renting your house to a rich man, taking a nap for an hour and charging him for a five-star hotel. Isn't it wonderful?
4 If you have some delta exposure in the past few days and really want to sell it, you can directly combine the price difference to solve it, for example, if you are in delta. You can go to the call side and make a few put options with a strong difference. If you feel that you are not very careful about this part of the profit, you can also use this part of the profit to make some call options. Let me give you an example of smartdeliang's multi-legged approach.
Here we build a butterfly strategy based on the virtual value above, which means that except for the pain points, we are actually making money. Of course, you can use this strategy in the medium and long term, and you can do more development according to your own needs. (This butterfly is much cheaper than the wide-span and ATM butterfly we do... and there is basically no need to consider the DDH operation that makes novices lose their hair. Four options are made at one time, and the trading volume is easily reached)
The core of options is to use the minimum cost to capture the maximum profit. Of course, the core should not fall down during this process. Therefore, the higher the proportion of call options, the safer our own margin is actually.
Finally, thank you for watching and please give me a like. In the past few days, we will update the performance of 1vega’s quantitative spot model in the last 30 days. You can look forward to it. It is currently open for free testing.
