不用腦袋的賣法能賺錢嗎? - 財經

(數據不保證百分百正確，和實際交易價格亦有所誤差，謹供參考)

賣出條件:

1.在每月結算日賣出下月契約，比方說在2012/02/15 賣出 201203 選擇權

2.以該結算日的近月期貨指數為計算基準，四捨五入至百位為履約價計算基準。
例如:
8788 -> 8800
8733 -> 8700

3.往上加 200點賣出 call 。往下減 300點賣出 put 。
賣出/結算價取當天收盤價

例如履約價基準 8800則
sell 9000 call
sell 8400 put

(賣出價為0的部份，代表該月沒有該履約價格的選擇權可賣)

結果:
交割年月/基準 賣出價 結算價 盈虧
200502/5900: Call 6100 36 36.5 -0.5
200502/5900: Put 5600 15 0.1 14.9
200503/6100: Call 6300 40.5 0.3 40.2
200503/6100: Put 5800 18 0.1 17.9
200504/6100: Call 6300 26 0.5 25.5
200504/6100: Put 5800 26.5 93 -66.5
200505/5700: Call 5900 28 15 13
200505/5700: Put 5400 23 0.3 22.7
200506/5900: Call 6100 27 165 -138
200506/5900: Put 5600 27 0.1 26.9
200507/6100: Call 6300 48.5 115 -66.5
200507/6100: Put 5800 18.5 0.5 18
200508/6400: Call 6600 51 0.2 50.8
200508/6400: Put 6100 29 1 28
200509/6200: Call 6400 52 0.1 51.9
200509/6200: Put 5900 21 0.2 20.8
200510/6100: Call 6300 20 0.2 19.8
200510/6100: Put 5800 16 111 -95
200511/5700: Call 5900 35 139 -104
200511/5700: Put 5400 20 0.1 19.9
200512/6000: Call 6200 66 268 -202
200512/6000: Put 5700 27 0.1 26.9

200601/6500: Call 6700 48.5 0.4 48.1
200601/6500: Put 6200 47 0.4 46.6
200602/6500: Call 6700 70 0.5 69.5
200602/6500: Put 6200 48 0.1 47.9
200603/6600: Call 6800 39 0.1 38.9
200603/6600: Put 6300 52 0.1 51.9
200604/6500: Call 6700 38.5 347 -308.5
200604/6500: Put 6200 37 0.1 36.9
200605/7100: Call 7300 40 0.5 39.5
200605/7100: Put 6800 40.5 0.2 40.3
200606/7100: Call 7300 95 0.2 94.8
200606/7100: Put 6800 72 490 -418
200607/6300: Call 6500 94 0.6 93.4
200607/6300: Put 6000 92 0.3 91.7
200608/6100: Call 6300 97 396 -299
200608/6100: Put 5800 58 0.1 57.9
200609/6700: Call 6900 69 13 56
200609/6700: Put 6400 67 0.1 66.9
200610/6900: Call 7100 70 2 68
200610/6900: Put 6600 80 0.1 79.9
200611/7000: Call 7200 66 48 18
200611/7000: Put 6700 39.5 0.1 39.4
200612/7200: Call 7400 61 264 -203
200612/7200: Put 6900 34.5 0.1 34.4

200701/7700: Call 7900 65 1.9 63.1
200701/7700: Put 7400 49 0.2 48.8
200702/7900: Call 8100 0 0 0
200702/7900: Put 7600 53 0.5 52.5
200703/7900: Call 8100 0 0 0
200703/7900: Put 7600 26 1 25
200704/7700: Call 7900 79 113 -34
200704/7700: Put 7400 55 0.1 54.9
200705/8000: Call 8200 69 0.4 68.6
200705/8000: Put 7700 49.5 0.1 49.4
200706/8000: Call 8200 59 565 -506
200706/8000: Put 7700 76 0.5 75.5
200707/8700: Call 8900 101 575 -474
200707/8700: Put 8400 80 0.1 79.9
200708/9400: Call 9600 123 0.1 122.9
200708/9400: Put 9100 103 520 -417
200709/8400: Call 8600 285 340 -55
200709/8400: Put 8100 250 0.2 249.8
200710/9000: Call 9200 178 355 -177
200710/9000: Put 8700 207 0.2 206.8
200711/9600: Call 9800 222 0.2 221.8
200711/9600: Put 9300 224 870 -646
200712/8400: Call 8600 232 0.2 231.8
200712/8400: Put 8100 201 90 111

200801/8000: Call 8200 220 50 170
200801/8000: Put 7700 207 0.2 206.8
200802/8100: Call 8300 272 0.3 271.7
200802/8100: Put 7800 220 14.5 205.5
200803/7800: Call 8000 238 175 63
200803/7800: Put 7500 197 0.2 196.8
200804/8100: Call 8300 357 775 -418
200804/8100: Put 7800 293 0.2 292.8
200805/9000: Call 9200 220 0.4 219.6
200805/9000: Put 8700 160 1 159
200806/9000: Call 9200 127 0.1 126.9
200806/9000: Put 8700 101 479 -378
200807/8100: Call 8300 105 0.1 104.9
200807/8100: Put 7800 94 1160 -1066
200808/6500: Call 6700 198 336 -138
200808/6500: Put 6200 0 0 0
200809/7000: Call 7200 127 0.1 126.9
200809/7000: Put 6700 117 935 -818
200810/5700: Call 5900 222 0.1 221.9
200810/5700: Put 5400 158 166 -8
200811/5200: Call 5400 190 0.1 189.9
200811/5200: Put 4900 207 645 -438
200812/4100: Call 4300 218 365 -147
200812/4100: Put 3800 0 0 0

200901/4600: Call 4800 168 0.1 167.9
200901/4600: Put 4300 140 44 96
200902/4100: Call 4300 144 215 -71
200902/4100: Put 3800 101 0.1 100.9
200903/4400: Call 4600 97 467 -370
200903/4400: Put 4100 88 0.1 87.9
200904/5000: Call 5200 105 660 -555
200904/5000: Put 4700 78 0.1 77.9
200905/5900: Call 6100 136 600 -464
200905/5900: Put 5600 144 0.2 143.8
200906/6700: Call 6900 181 0.1 180.9
200906/6700: Put 6400 183 195 -12
200907/6100: Call 6300 173 461 -288
200907/6100: Put 5800 113 0.2 112.8
200908/6600: Call 6800 163 0.1 162.9
200908/6600: Put 6300 109 0.2 108.8
200909/6700: Call 6900 120 545 -425
200909/6700: Put 6400 110 0.1 109.9
200910/7400: Call 7600 187 105 82
200910/7400: Put 7100 121 0.2 120.8
200911/7600: Call 7800 149 0.2 148.8
200911/7600: Put 7300 85 0.2 84.8
200912/7700: Call 7900 125 0.2 124.8
200912/7700: Put 7400 82 0.2 81.8

201001/7700: Call 7900 98 317 -219
201001/7700: Put 7400 81 0.2 80.8
201002/8200: Call 8400 76 0.1 75.9
201002/8200: Put 7900 45.5 341 -295.5
201003/7500: Call 7700 95 143 -48
201003/7500: Put 7200 62 0.2 61.8
201004/7800: Call 8000 100 0.1 99.9
201004/7800: Put 7500 62 0.1 61.9
201005/8000: Call 8200 60 0.1 59.9
201005/8000: Put 7700 74 125 -51
201006/7500: Call 7700 127 0.2 126.8
201006/7500: Put 7200 130 0.3 129.7
201007/7300: Call 7500 108 187 -79
201007/7300: Put 7000 77 0.2 76.8
201008/7600: Call 7800 78 118 -40
201008/7600: Put 7300 69 0.1 68.9
201009/7900: Call 8100 60 55 5
201009/7900: Put 7600 63 0.2 62.8
201010/8200: Call 8400 54 0.1 53.9
201010/8200: Put 7900 72 0.1 71.9
201011/8100: Call 8300 79 0.1 78.9
201011/8100: Put 7800 62 0.2 61.8
201012/8300: Call 8500 72 228 -156
201012/8300: Put 8000 68 0.2 67.8

201101/8800: Call 9000 73 84 -11
201101/8800: Put 8500 69 0.2 68.8
201102/9000: Call 9200 66 0.2 65.8
201102/9000: Put 8700 29.5 0.1 29.4
201103/8600: Call 8800 70 0.1 69.9
201103/8600: Put 8300 44 0.2 43.8
201104/8300: Call 8500 120 292 -172
201104/8300: Put 8000 115 0.2 114.8
201105/8800: Call 9000 67 0.1 66.9
201105/8800: Put 8500 60 0.1 59.9
201106/9000: Call 9200 58 0.1 57.9
201106/9000: Put 8700 70 0.1 69.9
201107/8600: Call 8800 90 0.2 89.8
201107/8600: Put 8300 59 0.1 58.9
201108/8600: Call 8800 76 0.2 75.8
201108/8600: Put 8300 45.5 550 -504.5
201109/7600: Call 7800 170 0.1 169.9
201109/7600: Put 7300 135 0.3 134.7
201110/7500: Call 7700 166 0.2 165.8
201110/7500: Put 7200 145 0.1 144.9
201111/7300: Call 7500 120 0.1 119.9
201111/7300: Put 7000 90 0.2 89.8
201112/7300: Call 7500 164 0.1 163.9
201112/7300: Put 7000 125 46.5 78.5

201201/7000: Call 7200 99 7 92
201201/7000: Put 6700 105 0.1 104.9
201202/7200: Call 7400 71 605 -534
201202/7200: Put 6900 63 0.2 62.8


賣出總值 結算總值 盈虧
Toal 16700.5 17445.9 -745.4

2005 671 946.3 -275.3
2006 1455.5 1564 -108.5
2007 2786.5 3433.7 -647.2
2008 4248 5103.3 -855.3
2009 3102 3294.3 -192.3
2010 1872.5 1516.5 356
2011 2227 975.5 1251.5
2012 338 612.3 -274.3


心得:
1.想要隨便賣選擇權就穩穩賺點小錢，很難。
2.如果去年開始當賣家，會有賣家真的很好賺的感覺。


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