Retail investors how to grasp the individual stock price run in buy one, buy two, buy three, buy four and sell one, sell two, sell three, sell four. Judging the movement of the main force.

Why hedge Delta risk? Delta risk can therefore be understood as a "directional" risk.

A bond is a financial contract, a debt instrument issued to investors by governments, financial institutions, industrial and commercial enterprises, etc. to raise funds by borrowing directly from society, while promising to pay interest at a certain rate and repay the principal on agreed terms.

In this issue, Haitong Futures Options Department brings you an introduction to the BSM (Black-Scholes-Morton) model.

Shares are part of the ownership of a company's property and the holder of the shares is the shareholder.

Although there are hundreds of indicators for technical analysis, in the end, the most basic ones are price and volume, and other indicators are just variations or extensions of these two indicators.

A bond is a debt instrument that the government, financial institutions, industrial and commercial enterprises, etc.

Early options trading in the US began in 1872, founded by the then famous financier Russell, and at that time included call and put options, the market was always OTC and required trading through brokers.

Quantitative trading refers to a securities investment method that uses modern statistics and mathematical methods and computer technology to conduct trading, which greatly reduces the impact of investor sentiment fluctuations and avoids making irrational investment decisions under extreme fanaticism or pessimism in the market.

In the United States, money market funds can be divided into three categories according to the level of risk. 　　 In the United States, money market funds can be divided into three categories according to the level of risk. 　　 1, Treasury bill money market funds, which invest mainly in treasury bills, marketable securities guaranteed by the government, etc. These securities generally have a maturity of less than one year, with an average maturity of 120 days. 　　 2,Diversified money market funds, which are commonly referred to as money market funds, usually invest in a variety of marketable securities such as commercial paper, treasury bills, securities issued by U.S. government agencies, negotiable certificates of deposit, bankers' acceptances, etc., which have similar maturities as the aforementioned funds. 　　 3, Tax-exempt money funds, which are used primarily for short-term financing of high-quality municipal securities, also include municipal medium-term bonds and municipal long-ter