Test http://www.chineseworldnet.com/node/135
環球財經 ChineseWorldNet.com

期權組合-垂直價差Vertical Spread

在看漲股價的時候可以買入買權垂直價差(Call Vertical Spread)。例如以下這個例子就是假設TRV的股價將會上漲,買進TRV的55美元買權,賣出60美元買權(都是2009年1月到期的),整個組合的價格是0.70美元/股(70美元/合約)。

• 垂直套利:TRV
• 日期:2009年11月25日
• 股票:THE TRAVELERS CO (NYSE: TRV)
• 股價:52.76
• 期權:買進垂直套利
• 買進JAN010到期的55美元的CALL
• 賣出JAN010到期的60美元的CALL
• 價格:0.7 Debit

只要TRV在30天之內可以漲到56美元,這個期權組合就可以利潤翻倍——70元的成本,85元的利潤。而每100股最大的風險只是70美元。TRV最近形成旗型的圖形,目標價格是56美元。理論上TRV有55.42%的概率可以在30天碰到56美元的價格。





--
Gray Zhi
OptionStoa.com

Disclaimer
OptionStoa.com and its offerings are for informational and educational purposes only. It is not our intent to advise you on what to buy/sell/hold. Our intent is to inform you of our sole opinion of the financial market, trading strategies. These opinions may changed at any time without notices. Although the information is the believed to be correct, the accuracy or completeness of the information is not guaranteed or warranted. OptionStoa.com disclaims any and all liability as to the completeness, accuracy or possible omissions of the information contained herein. OptionStoa.com is NOT registered broker/dealer/financial adviser. None of the stocks, options or any securities mentioned at this site and its offering should be bought or sold without you first doing your own analysis. OptionStoa.com is not liable for any investment/trading decisions made by its members, audience.

繁體中文