selling against the box

简明释义

依据手头存券买卖证券

英英释义

例句

1.During the earnings report, many stockholders began selling against the box to hedge their positions.

在财报发布期间，许多股东开始对冲卖出以对冲他们的头寸。

2.The trader was caught off guard when the market started selling against the box.

当市场开始对冲卖出时，交易员感到措手不及。

3.She decided to start selling against the box after the stock price reached its peak.

在股票价格达到峰值后，她决定开始对冲卖出。

4.Investors often resort to selling against the box to lock in profits without triggering a taxable event.

投资者通常选择对冲卖出来锁定利润，而不触发应税事件。

5.The strategy of selling against the box can be risky if the market moves unexpectedly.

如果市场意外波动，对冲卖出的策略可能会很危险。

作文

In the world of finance and investment, various strategies are employed to maximize profits and minimize losses. One such strategy that is often discussed among traders and investors is the concept of selling against the box. This term refers to a specific practice where an investor sells short shares of a stock that they already own. The primary purpose of this strategy is to lock in gains while maintaining ownership of the underlying shares. By doing so, investors can hedge their positions and protect themselves from potential downturns in the market.To better understand selling against the box, let's consider an example. Imagine an investor who owns 100 shares of a technology company, which they purchased at $50 per share. After some time, the stock price rises to $80 per share, and the investor is pleased with the profit they have made. However, they are also aware that the stock market can be unpredictable, and they want to safeguard their investment against any possible decline in value.By engaging in selling against the box, the investor decides to sell short 100 shares of the same technology company at the current market price of $80. This means they are borrowing shares to sell them, intending to buy them back later at a lower price. If the stock price does indeed fall, the investor can repurchase the shares at a cheaper rate, thereby offsetting the losses on their original shares. On the other hand, if the stock price continues to rise, the investor still retains ownership of the original shares, which have appreciated in value.One of the key advantages of selling against the box is that it allows investors to take advantage of market fluctuations without completely liquidating their positions. This strategy can be particularly useful for those who want to maintain their long-term investments while also protecting themselves from short-term volatility. Additionally, this approach can provide tax benefits, as selling short may allow investors to defer capital gains taxes until they close out their positions.However, it is essential to note that selling against the box is not without its risks. For instance, if the stock price falls significantly after the investor has sold short, they may face substantial losses when they eventually buy back the shares. Moreover, if the investor's brokerage firm requires them to cover their short position, they may be forced to buy back shares at an unfavorable price, leading to further financial strain.In conclusion, selling against the box is a strategic maneuver that can provide investors with a way to hedge their investments while still retaining ownership of their assets. By understanding the mechanics of this strategy and weighing its benefits and risks, investors can make informed decisions about their trading practices. Ultimately, like any investment strategy, it is crucial to conduct thorough research and consider individual financial circumstances before engaging in selling against the box or any other trading techniques.

在金融和投资的世界中，为了最大化利润和最小化损失，投资者会采用各种策略。其中一个经常被交易者和投资者讨论的策略是“对箱子卖出”的概念。这个术语指的是一种特定的做法，即投资者卖空他们已经拥有的股票。这一策略的主要目的是在保持基础股票所有权的同时锁定收益。通过这样做，投资者可以对冲其头寸，并保护自己免受市场潜在下跌的影响。为了更好地理解对箱子卖出，让我们考虑一个例子。想象一下，一个投资者拥有100股技术公司的股票，购买价格为每股50美元。经过一段时间，股票价格上涨到每股80美元，投资者对自己获得的利润感到满意。然而，他们也意识到股市可能是不可预测的，他们希望保护自己的投资免受任何可能的价值下降。通过参与对箱子卖出，投资者决定以当前市场价格80美元卖空100股同一技术公司的股票。这意味着他们借入股票进行出售，打算在以后以更低的价格买回。如果股票价格确实下跌，投资者可以以更便宜的价格重新购买股票，从而抵消原始股票的损失。另一方面，如果股票价格继续上涨，投资者仍然保留原始股票的所有权，这些股票的价值也随之增加。对箱子卖出的一个关键优势是，它允许投资者在不完全清算其头寸的情况下利用市场波动。这一策略对于那些希望在保护自己免受短期波动的同时保持长期投资的人尤其有用。此外，这种方法还可以提供税收利益，因为卖空可能使投资者延迟资本利得税，直到他们平仓。然而，必须注意的是，对箱子卖出并非没有风险。例如，如果投资者在卖空后股票价格大幅下跌，他们在最终买回股票时可能面临可观的损失。此外，如果投资者的经纪公司要求他们平仓，他们可能被迫以不利的价格回购股票，从而导致进一步的财务压力。总之，对箱子卖出是一种战略性举措，可以为投资者提供一种对冲投资的方法，同时仍保留对其资产的所有权。通过理解这一策略的机制并权衡其利弊，投资者可以就其交易实践做出明智的决策。最终，就像任何投资策略一样，在参与对箱子卖出或其他交易技巧之前，进行彻底的研究并考虑个人财务状况是至关重要的。