cowbearcar

吉倉都係好事……

fatpat

OK Let's try Future Vs Option

Margin for Future ~$70,000, RESERVED $100K for 1 contract

Let's assume retreat to 22750 tomorrow, current 22860

Ku Future @22860, eat tomorrow @22750, profit 110pts, ROI 110 X $50 / $100k = 5.5%

                                   Delta Theta IV      ROI
LP228 @231 /279  -0.46  -7.4    12.6 (279-231)/231 = 20.8%
LP226 @164 /200  -0.35  -6.7    13.3 (200-164)/164 = 22.0%
LP224 @110 /133  -0.25   -6.0    13.7 (133-110)/110 = 20.9%
LP222 @74   / 90    -0.18  -5.1    14.3 (90  - 74 )/ 74   = 21.6%
LP220 @50  /  62    -0.13  -4.3    15.1 (62  - 50)/  50   = 24.0%

So playing options advantage
1, Less margin requirement
2, More Flexible

Future advantage
1, Smaller Bid/Ask Spread
2, Faster execution
3, Usually cheaper commissions

fatpat

WELL already ~22750

@22780
228P@292
226P@203
224P@141
222P@97
220P@65

馬到功成

引用:

原帖由 馬到功成 於 2014-4-2 20:34 發表
等佐三日終于掉头啦!gogogogogogogogo!
睇怕里刀有牌失中lor

引用:

原帖由 馬到功成 於 2014-4-8 19:17 發表

你未死咩?失佐声甘耐,入佐媽剪未,哈哈哈哈哈哈哈哈哈
尼椒叫做里有里死，我有我返屋企Gogogogogogogogo
哈哈哈哈哈哈哈哈哈哈哈哈,gogogogogogogogogogogo,係你播!

fatpat

.                 Buy            Target       ROI              Market       Error              ROI
LP228         @231        @279        20.80%        @292        +13                26.40%
LP226        @164         @200        22.00%        @203        +39                23.80%
LP224        @110         @133        20.90%        @141        +8                  20.90%
LP222        @74           @90          21.60%        @97          +7                  31.10%
LP220        @50           @62          24.00%        @65          +3                  30%

[ 本帖最後由 fatpat 於 2014-4-10 10:24 編輯 ]

uuyyuu

引用:

原帖由 uuyyuu 於 2014-4-8 18:52 發表

今天两度無功而还,反覆后还有可能急插机会?

造好逆对冲,你吾會出冲.

cowbearcar

尋日叫版友食佐胡，減減磅。
今朝都係去返琴日個位，所以壓力細。
至少現在不會覺得我老點，市場變化太快！
鎖住利潤，有一定的保障。

CB900

引用:

原帖由 CB900 於 2014-4-9 13:23 發表
大富似2d3 男-pc，金鐘，射擊，樂觀之餘要睇實，話正行五浪，理論上橫行調整，所以估明天十仔吧

所以有MT訊號，快人一步

fatpat

PROBLEM WITH OPTIONS

The market moves faster than you do the analysis
- Before I can post the analysis this morning, market hit target price already

Solution - do the math at night while the market not moving
                - after you make it as your second nature (subconscious mind)

The bid/ask spread may be larger than you want

The commissions would be larger than you think

The market doesn't have enough contracts for you
Said you bid for 10 contracts @200, DL 200 but you might have settle only 2 contracts

Worst case, market move so fast MM (Market maker) don't give you the price,
e.g Gap up in the pre-market, but they know there will be retreat,
       they won't give you the fair price

P.S. Next post with commission factor

cowbearcar

引用:

原帖由 CB900 於 2014-4-10 10:37 發表
所以有MT訊號，快人一步

CB兄，你睇14號高位去到邊？
謝謝