贡献一个city group play

Summerrose

师傅PM的，和大家分享。

先说免费午餐，这是为厌恶风险的人设计的。
short 1 contract of June put at the strike price of $2.5 @1.1
buy 1 contract of June call at the strike price of $2.5 @0.82
short 100 shares city group stock @3.04
you should get $0.82 per share by June 19 when option expires no matter what price city is.

如果你得到的价格和这不一样，请参考附件，你输入价格后，就可以到你的盈利状况。

再说如何降低成本
city 跑了这么多，现在上是不是有点晚，可以又想上，怎么办，我师傅说，可以short April put at the strike price $3, pick up premium $0.9 per share
或者short June put at the strike price of $2.5, pick up premium $1.1 per share.
The risk is city drops below $2.1 or $1.4, you lose money.

sorry,附件上传不了。

always

thanks

源济

NewMember

Thank you

CoolMax

You can't make money from it.
Your need pay interest for your short position.

Summerrose

You can't make money from it.
Your need pay interest for your short position.
CoolMax 发表于 2009-3-18 15:25

老大，要付多少的利息？

CoolMax

老大，要付多少的利息？
Summerrose 发表于 2009-3-18 03:27 PM

差 不多会把你看到的利润都吃掉。

No free lunch.

Summerrose

差 不多会把你看到的利润都吃掉。

No free lunch.
CoolMax 发表于 2009-3-18 15:28

你确信吗？多高的利率？那里可以查？

CoolMax

你确信吗？多高的利率？那里可以查？
Summerrose 发表于 2009-3-18 03:29 PM

以前讨论过，问小白龙吧！

Summerrose

以前讨论过，问小白龙吧！
CoolMax 发表于 2009-3-18 15:30

老大，小白龙不在，你告诉我不久得了吗？要是利率太高，我也好close position

Summerrose

Just called IB, the interest rate is 14% on City's short position. That's too high.

Summerrose

($3.1*14%/12)*3=$.1085
this is the interest cost per share. the interest expense will go higher if the stock price goes higher.

Please use your own judgment.

Summerrose

did anybody get the free money?
huge profit from the short positions in stocks and put options.

Summerrose

You can't make money from it.
Your need pay interest for your short position.
CoolMax 发表于 2009-3-18 15:25

Well, I would say:


You know nothing about call-put parity.


Check stock price and option price, I guess you'd take your words back.