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期权异动 | 政权交替,高盛坚定唱多(内附直播预约链接)

Options changes | Regime changes, Goldman Sachs insists on singing more (live streaming reservation link included)

富途資訊 ·  Jan 21, 2021 21:52  · Exclusive

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Us Stock Intelligence Agent | Eli, Melody

This article summarizes the latest large order changes in the option market for you.

By monitoring these market data, investors can use this often neglected information and formulate investment strategies.

At 9: 00 tomorrow night, the broadcast room of Sister Hua will explain to you the Greek alphabet of the option and the change of the big single data.

The market rallied after the smooth transition of the US government on Wednesday, but institutional traders are still trying to figure out what the market is going to do in the coming months. Here, Sister Hua's team collected three common emotions in the market, the details of which are as follows:

Long head

Goldman Sachs Group said that the "explosive" return to equity market valuations will lead to the start of a new bull market, and we are still in the early stages of the bull market. The company suggests that while short-term risks are increasing, investors can take advantage of any pullback to buy more shares to achieve sizeable long-term gains. In response to this view, Ernesto Ramos of Bank of Montreal Global Asset Management added: "there is no doubt that the current valuation of the market is very high, but it is still low compared to the historical average. at the same time, we also believe that the GDP growth forecast of 6% next year is not fully priced into the current market."

Neutral

Bank of America Corporation warned that the spread of the epidemic in the first half of 2021 and the expectation of economic stabilization have been constantly reflected in the current market conditions. Even though there is still potential space above the market, we still maintain the end of this year.$S & P 500 (.SPX.US) $The expected point of 3800 points.

Short

At present, not many people have taken this position, and the bears' main concern is the risks of next year and beyond. Vanguard expects the stock market to return about half of its historical average over the next decade. LPL Financial believes that market investors have not yet priced a possible W-shaped recession in 2022. "based on historical data, the average duration of the recession is about one year, suggesting that the economy may need more time to determine real stabilization," he said. "

Implied volatility of individual stocks in late trading on January 20

The increase in implied volatility of options is: BB GME FUTU STLA WORK CSCO PINS WMT NOK SENS BIDU CLOV

The implied volatility of options fell: LOGI UNH NFLX TSLA GOEV BNGO XL QS DDD

Changes in ETF options in the market on January 20th

The trading volume of more than 39.8 million contracts expiring on Wednesday, January 20, was 8% higher than the previous average, of which the number of orders was slightly higher than the sell volume (15:8). The volume of ETF and futures index products is relatively high, while the flow of individual stocks is moderate.

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Changes in individual stock options in various sectors on January 20

The most active plates includecommunicationConsumptionAnd science and technologyPlateBasic materials and industrial plateTrading volume is relatively calm. Of the 3689 stocks with only listed options, 2073 (56 per cent) closed up and 1509 (41 per cent) closed down. Among the 500 stocks with the highest liquidity, 146 have higher implied volatility and 319 have lower implied volatility on the 30th. The stocks that have detected transaction changes include:$Netflix Inc (NFLX.US) $, $Ford Motor (F.US) $, $BlackBerry (BB.US) $, $General Motors Co (GM.US) $, $AMC cinema line (AMC.US) $

Science and technology stock

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Industrial stock

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Cyclical consumer stock

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Financial stocks

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Communications Unit

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Medical and Health Unit

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Energy stocks

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Real estate stock

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Building Materials Unit

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Defensive consumer stock

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The option tool is flexible and easy to use, and it is considered to be the most perfect trading tool in the financial market so far. small funds can quickly accumulate wealth through accurate judgment using non-linear leverage. large funds can achieve stable returns through the comprehensive application of multiple strategies across bull-bear and shock markets. But we also need to see the buyer's risk of options (ordinary investors are careful to be sellers of options, with limited returns and unlimited losses):

1. Nonlinear huge leverage will suffer huge losses if it is faced with going in the wrong direction.

2. Volatility drops, and the other side may lose money.

3. The state of mind is easy to be out of balance with big fluctuations.

4. Time is the enemy of option buyer.

5. Stock thinking is serious. Stock thinking is just want to do long, will not short, fall more want to bottom, trap, ignore and so on rebound, and even some people add positions to lower costs, the result is deeper and deeper to zero. If you don't change your mind, it's dangerous to make options.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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