long call (American option) 的好處係in the money 可以即沽收錢或者你想early exercise for dividend etc
thisisaman2021-06-21 15:39:26
Short call 唔啱後生仔,後生仔玩 long call 先夠激,到你輸夠 long call, 自然會轉去對家做 short
Harper2021-06-21 15:40:29
In the case of ITM calls, you exercise when the dividend is worth more than the extrinsic value. For ITM puts, you exercise when the strike plus risk-free interest is worth more than the extrinsic value.
Remember that it’s all about the best long-term expected value. As interest rates rise, it’s going to have a more significant impact on option pricing and decisions. Sometimes the value of that cash plus interest will be more valuable than a put that's virtually all intrinsic value.
宜家仲係低息年代,不過我估最遲2023年就加息
Outliers2021-06-21 15:40:44
你連續貼咗三樣嘢:1. 熔斷機制 2. naked shorting is illegal 3. 券商會查你戶口夠唔夠錢接貨
If you draw both payoffs in one chart, you will see there is a small window of stock prices where the short put’s outcome (red) is better than long call (green).