Want to learn about options trading and account opening? Tell you here. Options are contract transactions. You can determine whether you can make money in the future by buying and selling call and put option contracts. It has a long and short T+0 two-way trading mechanism. Opening an option account means opening an option account with zero threshold. If you want to know more about option transactions, the following is introduced. And open an account? Tell you here.
1. The steps for trading 50ETF options are as follows:
1. Select option contracts : 50ETF options contracts include call options and put options, each contract has a different exercise price and expiration date. Under normal circumstances, if you choose an at-money contract in the main month, the liquidity of the contract in that month is relatively high, and the trend is easier to grasp.
2. Position opening confirmation : After confirming the selected 50ETF option contract, you can place an order through an option account that has been opened at a securities company or options platform to determine the quantity and price of the transaction. You can choose a market order (to be executed at the current market price) or a limit order (to be executed at a specified price).
3. Observe market trends : After successfully placing an order, you can monitor the price changes of options through the trading platform or market software. The price of options will change with market fluctuations and the passage of time, and it is necessary to decide whether to close or adjust the position based on the current market conditions.
4. Exercise or close the position : This step means the end of the transaction. If you hold a call option and the price of 50ETF is higher than the exercise price, you can choose to exercise the option to purchase the underlying asset of 50ETF. If you hold a put option and the price of 50ETF is lower than the exercise price, you can choose to exercise the option to sell the underlying asset of 50ETF.
The trading direction of options sub-position includes call call and put put . The position opening mode includes call call buy, put call buy, put call sell and put call sell. The authority to open a covered position is not included for the time being.
2. The options trading process is as follows:
1. Download a suitable option allocation system from the Internet.
2. Log in to the registered option account in the sub-margin system.
3. Select the corresponding direction as needed.
4. Follow the system prompts to complete the transaction.
5. After clicking Buy, the order information for buying options will pop up on the menu page.
6. After checking, select Confirm to complete the commission.
3. The procedure for opening an option split account is as follows:
1. Personal conditions. You are required to be over 18 years old, be able to provide accurate personal identification information, and have no bad records in the bank.
2. Amount conditions. You must have the ability to withstand certain risks and a certain amount of idle funds at your disposal. The securities account must have 500,000 yuan in the initial stage of account opening.
3. Trading ability. Pass the option level exam stipulated by the exchange, which is divided into three levels, and all trading permissions will be unlocked.
In addition, opening an option split account is much simpler than that of a brokerage. The split warehouse system can also meet the four basic trading conditions of options. The products that can be traded include 50ETF, 300ETF, 500ETF, GEM ETF options, etc.
4. Options trading rules are as follows:
1. Trading hours. 9:15--9:25, 9:30--11:30, 13:00--15:00 on trading days.
2. Trading unit. Option price × 10,000 shares/piece.
3. Contract type. There are two types of call options and put options.
4. Trading direction. Options to buy a house and open a position.
5. Contract period. This month, next month, current quarter, next quarter.
6. The exercise price is calculated based on the closing price and the base exercise price.
If you think the article is great and helpful to you, subscribe to [Option Sauce] for more high-quality original updates and focus on explaining options trading knowledge.