covered option

简明释义

有证券保证的优先购买权

英英释义

例句

1.Many traders prefer covered options as they provide a way to hedge against potential losses.

许多交易者更喜欢有保障的期权，因为它们提供了一种对冲潜在损失的方法。

2.When the market is stable, a covered option can be an effective strategy for generating income.

当市场稳定时，有保障的期权可以成为产生收入的有效策略。

3.A covered option is considered less risky than an uncovered option because it involves owning the underlying asset.

有保障的期权被认为比无保障的期权风险更小，因为它涉及拥有基础资产。

4.Investors often use a covered option strategy to generate additional income from their stock holdings.

投资者通常使用有保障的期权策略来从其股票持有中产生额外收入。

5.By selling a covered option, you can protect your investment while still earning premium income.

通过出售有保障的期权，您可以保护您的投资，同时仍然赚取期权费收入。

作文

In the world of finance, investors are always looking for ways to maximize their returns while minimizing risks. One strategy that has gained popularity among traders is the use of options. Among these options, the concept of a covered option is particularly noteworthy. A covered option refers to a type of options trading strategy where an investor holds a position in an underlying asset and sells call options on that same asset. This strategy allows the investor to generate additional income from the premiums received from selling the options while still holding the underlying asset. When an investor sells a call option, they are giving the buyer the right, but not the obligation, to purchase the underlying asset at a predetermined price within a specific time frame. If the price of the asset remains below the strike price of the option, the investor retains both the asset and the premium received from selling the option. This scenario is beneficial because it allows the investor to continue to hold the asset while earning extra income.On the other hand, if the price of the asset rises above the strike price, the buyer of the call option may choose to exercise their right to buy the asset. In this case, the investor must sell the asset at the agreed-upon price, potentially missing out on further gains. However, the income generated from the premium can help offset some of the opportunity costs associated with selling the asset.The covered option strategy is often seen as a conservative approach to options trading. It is particularly appealing to investors who already own shares of a stock and are looking to generate additional income without taking on excessive risk. By employing this strategy, investors can create a buffer against potential losses in the underlying asset. Moreover, the covered option strategy can be used in various market conditions. In a bullish market, where prices are expected to rise, investors can still benefit from the appreciation of their assets while collecting premiums from sold options. Conversely, in a bearish market, where prices are declining, the premiums collected can provide some protection against losses.It is important to note that while the covered option strategy can enhance income potential, it does come with its own set of risks. Investors need to be aware of the possibility of losing their underlying asset if the market moves against them. Additionally, there is also the risk of missing out on significant price increases if the asset's price surpasses the strike price of the sold call option.In conclusion, the covered option strategy is an effective tool for investors seeking to optimize their portfolios. By understanding the mechanics of this strategy, investors can make informed decisions that align with their financial goals. Whether used to generate income or to hedge against potential losses, the covered option offers a balanced approach to navigating the complexities of the financial markets.

在金融世界中，投资者总是在寻找最大化收益和最小化风险的方法。交易者们越来越青睐的一种策略是使用期权。在这些期权中，备兑期权的概念尤其值得注意。备兑期权是指一种期权交易策略，投资者持有某一基础资产的头寸，并对该基础资产出售看涨期权。这种策略允许投资者通过出售期权获得的溢价来产生额外收入，同时仍然持有基础资产。当投资者出售看涨期权时，他们给予买方在特定时间内以预定价格购买基础资产的权利，但不承担义务。如果资产价格保持在期权的执行价格以下，投资者将保留资产和出售期权所获得的溢价。这种情况是有利的，因为它允许投资者继续持有资产，同时赚取额外收入。另一方面，如果资产价格上涨超过执行价格，看涨期权的买方可能会选择行使他们购买资产的权利。在这种情况下，投资者必须以约定的价格出售资产，可能会错过进一步的收益。然而，从溢价中获得的收入可以帮助弥补与出售资产相关的一些机会成本。备兑期权策略通常被视为一种保守的期权交易方法。它对已经拥有股票的投资者尤其具有吸引力，这些投资者希望在不承担过多风险的情况下产生额外收入。通过采用这一策略，投资者可以为潜在的基础资产损失创造一个缓冲。此外，备兑期权策略可以在各种市场条件下使用。在看涨市场中，预计价格会上升，投资者可以在收集已售期权的溢价的同时，受益于其资产的增值。相反，在看跌市场中，价格下跌，收集的溢价可以为抵御损失提供一些保护。需要注意的是，尽管备兑期权策略可以增强收入潜力，但它也伴随着自身的风险。投资者需要意识到，如果市场走势不利，他们可能会失去基础资产。此外，如果资产价格超过已售看涨期权的执行价格，还有错失显著价格上涨的风险。总之，备兑期权策略是投资者优化投资组合的有效工具。通过理解这一策略的机制，投资者可以做出与其财务目标相符的明智决策。无论是用于产生收入还是对冲潜在损失，备兑期权都为驾驭金融市场的复杂性提供了一种平衡的方法。