期权开户条件全解析来了！

Summary of Key Points Core Viewpoint - The article outlines the conditions required for individual investors to open an options trading account, emphasizing the importance of meeting specific financial and knowledge criteria to ensure safe and stable investment practices. Group 1: Account Opening Conditions - Investors must have an average asset of at least 500,000 yuan over the last 20 trading days before applying for an options account [4] - A minimum of six months of account opening with a securities company is required, along with qualifications for margin trading or experience in financial futures trading [4][5] - Investors must demonstrate knowledge of options by passing a test administered by the exchange, with prior experience in simulated trading being advantageous [4][5] - Risk tolerance must be assessed, requiring a level of C3 or above for one year or C4 for two to three years [4] Group 2: Special Circumstances - For accounts with assets exceeding 1,000,000 yuan, the verification period can be shortened to 10 trading days; for assets over 2,000,000 yuan, it can be reduced to 5 trading days [4] - Commodity options have lower thresholds, with some requiring only 100,000 yuan in available funds for five consecutive trading days [4] Group 3: Required Documentation - Investors need to prepare several documents, including a valid ID, a functioning bank account, records of simulated trading, and test results for options knowledge [7][8] - Proof of margin trading or financial futures trading experience is also necessary [8] - A declaration of integrity as an investor is required [9] - Additional documents may be requested by the brokerage firm [10] Group 4: Understanding Options - Options are financial contracts that grant the holder the right to buy or sell an underlying asset at a predetermined price within a specified timeframe [16] - Buyers of options pay a premium for the right to exercise the option, with their maximum loss limited to the premium paid [17] - Sellers of options receive the premium but face potentially unlimited risk if the market price moves unfavorably [18]