Strategic view
On Wednesday, the stock indexes of A-Shares rebounded. As of the close, the Shanghai index rose 1.18%, the Shenzhen Component Index rose 1.82%, the gem index rose 1.66%, the Shanghai and Shenzhen 300 rose 1.50%, the Shanghai 50 rose 1.54%, and the China Securities 500 rose 1.33%. The number of gainers in the two cities was 3230, higher than the average value of 2285 last week and higher than 1707 the previous trading day. The limit was 89, lower than the average value of 93 last week and 96 the previous trading day. The net purchase of northbound funds was RMB 9.685 billion, the average value of last week was RMB 3.023 billion, and the net purchase of the previous trading day was RMB 7.949 billion. The turnover of the two cities was 1102.2 billion yuan, breaking trillion yuan for the 34th consecutive trading day. The contraction of A-Shares rebounded, but the net inflow of funds to the North was close to 10 billion, and undervalued blue chips were sought after again. At present, the market shows signs of gradually strengthening, but it can not be too optimistic. At present, the sustainability still needs to be confirmed on Thursday. If it can not continue to rise in large quantities, it is very likely to fall again and look for new support.
Stock index futures trading strategy
View: the premium of IH futures will expand and remain strong in the short term
(1) On December 8, the positions of if, IH and IC contracts were 194100, 100000 and 268800 respectively, with an increase of 7.27%, 5.32% and - 5.04% on a daily basis;
(2) On December 8, the difference between the contract and spot price of if, IH and IC in the current month was 9.87 points, 8.49 points and -25.39 points, which was 6.97 points, 3.39 points and 4.24 points higher than that of the previous trading day. Operation suggestions: ih2112 mainly bargain hunting and long, with a support of 3290 points
Option trading strategy
Viewpoint: the short-term index fluctuates strongly and holds the bull market call option spread portfolio
(1) On December 8, the PCR (positions) of 50ETF option, Huatai 300etf option, harvest 300etf option and 300 stock index option were 1, 1.23, 1.26 and 0.96 respectively. The PCR values of 50ETF and 300etf options rebounded slightly.
(2) On December 8, the implied volatility of 300etf option and 50ETF option were 15.2% and 15.8% respectively, and the implied volatility of 300etf option and 50ETF option remained low.
Operation suggestion: radical strategy: none at present; Steady strategy: investors can buy 50 ETF to buy 3300 in December and sell 50 ETF to buy 3400 in December at the same time. The maximum profit of a single portfolio strategy is 685 yuan and the maximum loss is 315 yuan; Hedging strategy: None
Risk statement
Rapid cooling of market transactions; 2 short term panic continued to spread risk factors.
