覆盤美債ETF的期權交易-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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覆盤美債ETF的期權交易

OptionPlus
2023-12-19

Update關於國債ETF的交易覆盤。上週sell call 了 $3倍做多20年期以上國債ETF-Direxion(TMF)$，被動行權接盤了，目前持有做空 TMF正股浮虧中。

上次說過，我不是主要做TMF的sell call，主要是大量 $20+年以上美國國債ETF-iShares(TLT)$ 的sell put。TLT 12月的sell put 都到期了，昨晚新開倉1月的sell put，1月sell put的行權價95。在美聯儲上週最後一次會議決議後，我覺得美債就算回調也不會太多了。所以把sell put的行權價調高了。

仍然覺得短線可能TLT 漲太多了，有回調壓力，由於TMF已經持有short了正股，可以對衝短期的波動，不會再額外sell call，轉而sell put相應低價格的TMF，Sell put價格選擇了60和62.5。

遵循我長期看好TLT，即美債長期底部，我覺得TLT可能會在波動中走向110->130，當然不會一步到位。短線還是會用TMF的short去hedge一下。至於是不是有hedge的必要，其實看自己的倉位。

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龙迪克
·2023-12-20
看好的话，正股+sell c不是美滋滋
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沧海一枝花
·2023-12-20
tlt明年大概率上涨，用tmf sort对冲成本太高
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未料胜先料败
·2023-12-19
1月的95刀sellput的年化收益率还不到5%，还不如存款，有啥价值？
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18eed9cf
·2023-12-19
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59452e37
·2023-12-19
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call 了  <a data-mention-id=\"TMF\" class=\"teditor-mention\" data-mention-name=\"3倍做多20年期以上國債ETF-Direxion\" href=\"https://laohu8.com/S/TMF\">$3倍做多20年期以上國債ETF-Direxion(TMF)$</a>，被動行權接盤了，目前持有做空 TMF正股浮虧中。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/559d267b30028716c037464a93ff3e14\" tg-width=\"972\" tg-height=\"1349\"></p><p>上次說過，我不是主要做TMF的sell call，主要是大量 <a data-mention-id=\"TLT\" class=\"teditor-mention\" data-mention-name=\"20+年以上美國國債ETF-iShares\" href=\"https://laohu8.com/S/TLT\">$20+年以上美國國債ETF-iShares(TLT)$</a>  的sell put。TLT 12月的sell put 都到期了，昨晚新開倉1月的sell put，1月sell put的行權價95。在美聯儲上週最後一次會議決議後，我覺得美債就算回調也不會太多了。所以把sell put的行權價調高了。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ae59462282d46b13df691a2a0a5f6e5\" tg-width=\"972\" tg-height=\"1341\"></p><p>仍然覺得短線可能TLT 漲太多了，有回調壓力，由於TMF已經持有short了正股，可以對衝短期的波動，不會再額外sell call，轉而sell put相應低價格的TMF，Sell put價格選擇了60和62.5。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c662d948986b37031b1e9214f763689\" tg-width=\"972\" tg-height=\"1335\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bb64217f8a698dc29a041a567f82311\" tg-width=\"912\" tg-height=\"1300\"></p><p>遵循我長期看好TLT，即美債長期底部，我覺得TLT可能會在波動中走向110-&gt;130，當然不會一步到位。短線還是會用TMF的short去hedge一下。至於是不是有hedge的必要，其實看自己的倉位。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0ec5d8497841da6a7a55822970987c0\" tg-width=\"2230\" tg-height=\"1512\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p>Update關於國債ETF的交易覆盤。上週sell call 了  <a data-mention-id=\"TMF\" class=\"teditor-mention\" data-mention-name=\"3倍做多20年期以上國債ETF-Direxion\" href=\"https://laohu8.com/S/TMF\">$3倍做多20年期以上國債ETF-Direxion(TMF)$</a>，被動行權接盤了，目前持有做空 TMF正股浮虧中。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/559d267b30028716c037464a93ff3e14\" tg-width=\"972\" tg-height=\"1349\"></p><p>上次說過，我不是主要做TMF的sell call，主要是大量 <a data-mention-id=\"TLT\" class=\"teditor-mention\" data-mention-name=\"20+年以上美國國債ETF-iShares\" href=\"https://laohu8.com/S/TLT\">$20+年以上美國國債ETF-iShares(TLT)$</a>  的sell put。TLT 12月的sell put 都到期了，昨晚新開倉1月的sell put，1月sell put的行權價95。在美聯儲上週最後一次會議決議後，我覺得美債就算回調也不會太多了。所以把sell put的行權價調高了。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ae59462282d46b13df691a2a0a5f6e5\" tg-width=\"972\" tg-height=\"1341\"></p><p>仍然覺得短線可能TLT 漲太多了，有回調壓力，由於TMF已經持有short了正股，可以對衝短期的波動，不會再額外sell call，轉而sell put相應低價格的TMF，Sell put價格選擇了60和62.5。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c662d948986b37031b1e9214f763689\" tg-width=\"972\" tg-height=\"1335\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bb64217f8a698dc29a041a567f82311\" tg-width=\"912\" tg-height=\"1300\"></p><p>遵循我長期看好TLT，即美債長期底部，我覺得TLT可能會在波動中走向110-&gt;130，當然不會一步到位。短線還是會用TMF的short去hedge一下。至於是不是有hedge的必要，其實看自己的倉位。</p><p class=\"t-img-caption\"><img 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