Shernice軒嬣 2000
02-03

$SLV 20260227 80.0 CALL$ 

$iShares Silver Trust(SLV)$  

As the silver market finally bounced back, Muthu boy gazed at his gleaming coins with a grin. He leaned against the counter of his prata shop, seriously considering flipping the sign to ‘CLOSED’ for the afternoon to celebrate the windfall.


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Comments

  • Ah_Meng
    02-04
    Ah_Meng
    Clever girl… [Salute]
    • Ah_MengReplyShernice軒嬣 2000
      Gee... change of photo again... [Tongue] [Chuckle] are you updating your growth? Smile a little more...
    • Ah_MengReplyShernice軒嬣 2000
      Yup, I realised that for your AXTI option trade... I have added to my Tesla puts trade, hopefully I am correct with my timing this time... Thanks! 1-3 months make sense. Will build up my buffer first...
    • Shernice軒嬣 2000ReplyAh_Meng
      I think cutting losses is subjective. it depends on many factors, especially your confidence in the stock’s direction. Sometimes I’ll even add more when it drops further. Take my AXTI options trade as an example: it was down for a week, but after a strong 2 days rebound, losses turned into gains.
    • Ah_MengReplyShernice軒嬣 2000
      Ahhh… making good money 💰 on MU then… I always get the timing (entry and exit) wrong… direction is always correct eventually… just like Tesla, if my options were longer time periods, I would have profited well rather than having to take losses… the trend was obviously down but as longer period options cost too much, I was not willing to take that kind of risk… normally, on average, how long would your calls/puts period? One month or longer? Obviously it still depends on counters… so not a very fair question. Maybe ask the other way, when do you decide to take profit or cut loss? My Tesla puts were profitable until they were not. Eventually comes back but my options would have expired.
    • Shernice軒嬣 2000ReplyShernice軒嬣 2000
  • Hom666389
    02-04
    Hom666389
    I’m newbie . 👍🏻Just check are you sell or buy call?
  • Shernice軒嬣 2000
    02-06
    Shernice軒嬣 2000
    In my example, the call option gives me the right to buy SLV at $80 on expiry (27 Feb).
    I only break even at $84, because I paid $4 for the option.
    Before expiry, the option still has time value and leverage. During this period, the effective leverage is roughly 5×.
    So if silver jumps 20%, the option value can rise by around 100%, allowing me to sell it at close to $8 before expiry.
  • Shernice軒嬣 2000
    02-07 10:30
    Shernice軒嬣 2000
    通常情况下,我会考虑1-3个月到期。你必须考虑θ(时间衰减)。
    以SLV 27 Feb看涨期权为例:
    Theta为每天13.5美分,包括周末
    最后交易价格:3.10美元
    周末(3天):
    周一理论值3.10美元−(3 × 0.135)≈2.69美元。
    现在危险的部分👀
    以约7.4倍的杠杆,如果白银仅下跌3%,
    期权可能会跌至2.47美元左右,即立即损失约20%。
    为了达到收支平衡,白银需要上涨约2%。
    这已经要求很高了,只是为了归零。
    这就是为什么短期评级是残酷的。
    最好购买长期评级:
    较少的θ衰变
    有更多时间应对波动
    精神上更轻松——你不必每天都在与时间赛跑
    时间是你真正的选择优势。
    没有时间,你很容易惊慌失措,最终做出错误的评级。 @Ah_Meng
  • nga_nga
    11:11
    nga_nga
    很棒的文章,你愿意分享吗?
  • Trader61
    02-05
    Trader61

    Great article, would you like to share it?

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