个股期权基础知识.docx

个股期权基础知识

目录

1.内容概览................................................3

1.1期权概述.............................................4

1.2期权的作用与特点.....................................5

1.3期权与其他金融衍生品的区别...........................6

2.个股期权的定义与分类....................................7

2.1简述个股期权.........................................7

2.2期权的基础类型.......................................8

2.2.1看涨期权.........................................9

2.2.2看跌期权.........................................9

2.3期权交易的特殊形式..................................11

2.3.1美式期权与欧式期权..............................12

2.3.2欧洲期权与百慕大期权............................13

3.期权价值的影响因素.....................................15

3.1基本面分析..........................................16

3.2技术分析............................................16

3.3市场情绪与投机因素..................................18

4.期权到期日的基础知识...................................18

4.1期权到期日的定义....................................19

4.2期权到期日的意义....................................20

5.期权买卖双方的角色.....................................21

5.1期权的买方..........................................22

5.2期权的卖方..........................................22

5.3期权的结算方式......................................23

6.期权的价格与行权价格...................................24

6.1期权价格的结构......................................25

6.2期权的行权价格......................................26

7.期权交易的流程.........................................27

7.1期权合约的订立......................................28

7.2资金结算............................................29

7.3实物交割的过程......................................31

8.风险管理与策略应用.....................................33

8.1风险管理............................................34

8.1.1期权风险的来源..................................35

8.1.2期权风险的评估..................................36

8.2策略应用............................................37

8.2.1买入期权策略....................................38

8.2.2卖出期权策略.............................