Ethan's Blog


  • Home

  • Archives

  • Tags

  • Search

Covered Call

Posted on 2026-04-17

什么是 Sell Covered Call?

已经持有股票,觉得短期上涨太多、想锁定收益、又舍不得卖 -> Sell Covered Call 就是最合适的策略
原理:把未来的上涨权利出租给别人,自己收权利金
到期后:

  1. 股价 < 行权价 -> 权利金全赚
  2. 股价 > 行权价 -> 股票被行权,以行权价卖出

真实案例

HOOD 当前股价:$148.67(接近历史高点)
操作:卖出 $170 行权价,11/7 到期的 Call
权利金:$5.65 -> 收入 $565
结果:

  1. 股价 < $170:全赚权利金,下月再卖
  2. 股价 ~= $170:被行权,赚约 $2,698
  3. 股价 > $190:被行权,少赚部分上涨空间

为什么高位卖 Call?

Covered Call 实际是轻微看跌或看平操作
最佳入场时机:股价高位或冲顶后
例:HOOD 连涨后接近高点,卖 170 Call 权利金高、风险低
反例:SOFI 在低位 $25,若卖 Call 一旦反弹就卖飞
总结:Sell Covered Call 要在高点玩,不要在低点慌

Read more »

Cash Secured Put

Posted on 2026-04-17

什么是 CSP?

CSP 全称:Cash Secured Put(现金担保卖权)
承诺在某个价格买股票,如果没跌到就收权利金
两种结局:

  1. 低价买入心仪股票
  2. 没买到也能收租金

实战案例:特斯拉

当前股价:$429
卖出 $400 执行价 Put 期权,到期日 10/31(28 天后)
可收权利金约 $1,530
要么低价买入 TSLA,要么白拿权利金

关键指标解读

Max Return:$1,530(最大收益)
Max Loss:$38,470(理论最大亏损)
Break Even:$384.7(盈亏平衡点)
Delta:0.3(约 30% 行权概率)
Thelta:0.44(时间衰减利好卖方)
Probability of Profit:69.5%(获利概率)

Read more »

LEAPS Call

Posted on 2026-04-09

什么是 LEAPS?

LEAPS = Long-term Equity Anticipation Securities,长期股票期权
到期时间长:>= 1 年,常见 2-3 年
我的最爱:回报高、风险可控、出场灵活
比 Covered Call 更赚钱,也更安心
LEAPS = 期权中的玄铁重剑

案例背景:NVDA

录制当天股价 = $170.29
买 100 股 = $170.29 x 100 = $17,029
买 LEAPS = $47.82 x 100 = $4,782
节省资金 = $12,247
Delta ~= 0.75 -> 股价涨 $1,期权涨 $0.75 ~= 持有 75 股

权利金拆解

期权总价 = $4,782
内在价值 = ($170.29 - $145) x 100 = $2,529
外在价值 = $4,782 - $2,529 = $2,253

  • 内在 = 眼前的钱
  • 外在 = 未来的不确定溢价
Read more »

Adaptability

Posted on 2024-02-29

In the dynamic and ever-changing world of work, adaptability is a key trait that can set you apart from other candidates. Interviewers often ask questions about adaptability to assess your ability to handle new situations, navigate ambiguity, and stay focused under pressure. The purpose of these questions is to determine how well you can adjust to changes in the workplace and whether you have the resilience and flexibility to thrive in a constantly evolving environment.

When answering questions about adaptability, make sure to provide specific examples of times when you demonstrated your ability to adapt to change. Highlight situations where you faced unexpected challenges or had to switch gears quickly, and discuss how you adapted your approach to overcome the obstacle. Focus on the skills and qualities you used to adapt, such as problem-solving, creativity, communication, and teamwork.

Additionally, be sure to demonstrate your willingness to embrace new ideas and learn from experience. Discuss how you have taken on new responsibilities, pursued new opportunities, or sought out feedback to improve your performance. Also, explain how you have applied what you have learned to future situations, and how you have helped others adapt to change.

Finally, tie your examples back to the position you are interviewing for and explain how your adaptability could benefit the company. By doing so, you can demonstrate your potential to be a valuable asset to the team and show that you are ready to tackle any challenge that comes your way.

Read more »

Leadership

Posted on 2024-02-29

Leadership is a crucial skill in the workplace, and employers often ask questions about it to assess your ability to inspire, motivate, and guide others to achieve common goals. The purpose of these questions is to evaluate your potential to take on leadership roles within the organization, and to determine how you can contribute to the success of the team.

When answering questions about leadership, it’s essential to provide concrete examples of times when you demonstrated leadership skills, such as leading a project, mentoring a colleague, or resolving a conflict. Focus on the impact of your actions, such as increased productivity, improved team morale, or better decision-making. Also, highlight the specific leadership qualities you exhibited, such as communication, problem-solving, delegation, and empathy.

Additionally, be sure to showcase your ability to collaborate with others and to bring out the best in your team. Discuss how you have helped team members develop their skills, set goals, and overcome obstacles. Also, explain how you have created a positive and inclusive work environment, where everyone feels valued and supported.

Finally, tie your examples back to the position you are interviewing for and explain how your leadership skills could benefit the company. By doing so, you can demonstrate your potential to be a valuable leader within the organization and show that you have the skills and qualities needed to succeed in the role.

Read more »
12…56
necusjz

necusjz

277 posts
17 tags
© 2016 - 2026 necusjz
Powered by Hexo
Theme - NexT.Mist