2012年9月3日 星期一

Short Put 941 @ $80 / Short Covered Call 0002 @ $65

Sell to open 5 contracts of 0941.HK $80 Sep 12 Put @ $0.94
Premium = $2350
交易時的正股價 = $83.1 (除淨後$81.47)
5手0941 正股平均潛在成本 = $80 x 5 x 500 = $200000
項目回報率 = $2350/200000 = 1.2% (或 年度化 17.2%)
組合回報率 = $2350/2054903 = 0.11% (或 年度化 1.67%)
Option引伸波幅 = 19%
0941的30日歷史波幅 = 26.23%
0941於9月27日前收高於$80的機會率 = 60.71%

Sell to open 10 contracts of 0002.HK $65 Sep 12 Call @ $0.67
Premium = $3350
交易時的正股價 = $64.7 (已除淨 $0.53)
10手0002 正股平均成本 = $65 x 10 x 500 = $325000
項目回報率 = $3350/325000 = 1.03% (或 年度化 15%)
組合回報率 = $3350/2054903 = 0.016% (或 年度化 2.4%)
Option引伸波幅 = 12%
0002日歷史波幅 = 12.41%
0002於9月27日前收低於$65的機會率 = 55.7%

2 則留言:

  1. the option premium seems to be too small now...not much pt to short it

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    1. It's really not much, but for 0002, isn't it good to get both the dividend and premiums even I might eventually sell the stock without gaining on the share price?
      I never expect a drastic movement for 0002 anyway. It's just a replacement for cash, which pays me better interest. Not sure about you, but I feel it's ok for me. =)

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