longbridge-options-strategy

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🇺🇸

Original

English

🇨🇳

Translation

Chinese

longbridge-options-strategy

Prompt-only analysis skill. Recommends and explains common options strategies based on the user's market view (bullish/bearish/neutral) and current IV environment (rich/cheap).

Response language: match the user's input language — Simplified Chinese / Traditional Chinese / English.

纯提示词分析Skill。根据用户的市场观点（看涨/看跌/中性）和当前IV（隐含波动率）环境（偏高/偏低），推荐并解释常见期权策略。

回复语言：匹配用户输入语言——简体中文 / 繁体中文 / 英文。

When to use

使用场景

"我看涨 AAPL，想用期权放大收益，有什么策略？" / "I'm bullish on AAPL, what option strategy?"
"TSLA 财报前波动率很高，我该怎么操作？" / "TSLA IV is high before earnings, what should I do?"
"我持有 700.HK，想买个保险" / "I hold 700.HK and want downside protection"
"跨式和宽跨式有什么区别？" / "Straddle vs strangle — which is better?"

For P&L and Greeks detail route to

longbridge-options-pnl

. For IV surface route to

longbridge-options-volatility

"我看涨 AAPL，想用期权放大收益，有什么策略？" / "I'm bullish on AAPL, what option strategy?"
"TSLA 财报前波动率很高，我该怎么操作？" / "TSLA IV is high before earnings, what should I do?"
"我持有 700.HK，想买个保险" / "I hold 700.HK and want downside protection"
"跨式策略（straddle）和宽跨式策略（strangle）有什么区别？" / "Straddle vs strangle — which is better?"

如需了解盈亏（P&L）和希腊字母详情，请查看

longbridge-options-pnl

。如需了解IV曲面，请查看

longbridge-options-volatility

。

CLI

Run

longbridge <subcommand> --help

to verify exact flags.

bash

undefined

运行

longbridge <subcommand> --help

查看具体参数。

bash

undefined

Underlying spot and context

标的现货及相关信息

longbridge quote <SYMBOL> --format json

Option chain — expiry dates

期权链——到期日期

longbridge option chain <SYMBOL> --format json

Strikes for a specific expiry

特定到期日的行权价

longbridge option chain <SYMBOL> --date <YYYY-MM-DD> --format json

Call / put volume ratio for sentiment

用于判断情绪的认购/认沽成交量比率

longbridge option volume <SYMBOL> --format json

undefined

longbridge option volume <SYMBOL> --format json

undefined

Strategy matrix

策略矩阵

Market view	IV level	Recommended strategy	Risk profile
Bullish	Any	Long call / bull call spread	Limited loss, capped or unlimited gain
Bullish	Rich	Bull put spread (sell put spread)	Collect premium, limited risk
Bearish	Any	Long put / bear put spread	Limited loss, capped or large gain
Bearish	Rich	Bear call spread (sell call spread)	Collect premium, limited risk
Neutral (range-bound)	Rich	Short strangle / short straddle	Collect premium, unlimited risk
Neutral (range-bound)	Rich	Iron condor	Collect premium, defined risk both sides
Neutral (vol expansion)	Cheap	Long straddle / long strangle	Pay premium, profit from large move
Income on holding	Any	Covered call	Reduce cost basis, cap upside
Downside protection	Any	Protective put	Insurance premium, preserve upside

市场观点	IV水平	推荐策略	风险特征
看涨	任意	买入看涨期权（Long call）/ 牛市看涨价差（bull call spread）	损失有限，收益封顶或无限
看涨	偏高	牛市看跌价差（Bull put spread，卖出看跌价差）	赚取权利金，风险有限
看跌	任意	买入看跌期权（Long put）/ 熊市看跌价差（bear put spread）	损失有限，收益封顶或可观
看跌	偏高	熊市看涨价差（Bear call spread，卖出看涨价差）	赚取权利金，风险有限
中性（区间震荡）	偏高	卖出宽跨式（Short strangle）/ 卖出跨式（short straddle）	赚取权利金，风险无限
中性（区间震荡）	偏高	铁鹰式（Iron condor）	赚取权利金，双向风险明确
中性（波动率扩张）	偏低	买入跨式（Long straddle）/ 买入宽跨式（long strangle）	支付权利金，从大幅波动中获利
持仓增收	任意	备兑开仓（Covered call）	降低持仓成本，限制上行收益
下行保护	任意	保护性看跌（Protective put）	支付保险权利金，保留上行收益

Workflow

工作流程

Clarify user's market view (direction + conviction) and time horizon.
Fetch underlying spot (
```
longbridge quote
```
), option chain expiries, near-term strikes, and call/put volume.
Assess IV from ATM IV in chain vs rough HV proxy (see
```
longbridge-options-volatility
```
).
Select 1–2 strategies from the matrix; explain structure, legs, and cost.
Show example legs using live strikes from the chain (ATM and nearby).
Output structured recommendation (template below).

明确用户的市场观点（方向+信心）和时间周期。
获取标的现货数据（
```
longbridge quote
```
）、期权链到期日、近期行权价以及认购/认沽成交量。
评估IV：对比期权链中的平值IV（ATM IV）与粗略的历史波动率（HV）参考值（详见
```
longbridge-options-volatility
```
）。
从矩阵中选择1-2种策略，解释策略结构、期权腿和成本。
展示示例期权腿：使用期权链中的实时行权价（平值及附近价位）。
输出结构化推荐（模板如下）。

Output template

输出模板

{Symbol} options strategy recommendation — Source: Longbridge Securities

[Market context]
- Spot: ${S}  |  Nearest expiry: {date}  |  ATM IV: ~X%
- IV environment: {rich / fair / cheap}  |  P/C volume ratio: {X}

[Recommended strategy: {Name}]
Structure:
  Leg 1: {Buy/Sell} {N} {OCC} @ ${prem}
  Leg 2: ...

Key metrics (estimated):
  Max profit: ${X}
  Max loss:   ${X}
  Breakeven:  ${X}

Why this fits: {2-sentence rationale linking market view + IV}

[Alternative: {Name}]
{Brief description and trade-offs}

⚠️ 以上分析仅供参考，不构成投资建议。/ 以上分析僅供參考，不構成投資建議。/ For reference only. Not investment advice.

{Symbol}期权策略推荐 — 来源：Longbridge Securities

[市场背景]
- 现货价格: ${S}  |  最近到期日: {date}  |  平值IV: ~X%
- IV环境: {偏高 / 适中 / 偏低}  |  认购/认沽成交量比率: {X}

[推荐策略: {名称}]
结构:
  期权腿1: {买入/卖出} {N}手 {OCC代码} @ ${权利金}
  期权腿2: ...

关键指标（估算）:
  最大收益: ${X}
  最大损失:   ${X}
  盈亏平衡点:  ${X}

适配理由: {2句话说明市场观点与IV的关联逻辑}

[备选策略: {名称}]
{简要描述及利弊权衡}

⚠️ 以上分析仅供参考，不构成投资建议。/ 以上分析僅供參考，不構成投資建議。/ For reference only. Not investment advice.

Error handling

错误处理

Situation	简体回复	繁體回復	English reply
`command not found: longbridge`	切换到 MCP；若不可用，请安装 longbridge-terminal	切換至 MCP；若不可用，請安裝 longbridge-terminal	Fall back to MCP; if unavailable, install longbridge-terminal
stderr `not logged in`	请执行 `longbridge auth login`	請執行 `longbridge auth login`	Run `longbridge auth login`
No liquid options (HK stock)	流动性不足，建议仅使用备兑或保护性看跌	流動性不足，建議僅使用備兌或保護性看跌	Low liquidity — consider covered call or protective put only
User view unclear	请说明看涨、看跌还是中性	請說明看漲、看跌還是中性	Please clarify: bullish, bearish, or neutral?

场景	简体回复	繁体回复	English reply
`command not found: longbridge`	切换到 MCP；若不可用，请安装 longbridge-terminal	切換至 MCP；若不可用，請安裝 longbridge-terminal	Fall back to MCP; if unavailable, install longbridge-terminal
错误输出 `not logged in`	请执行 `longbridge auth login`	請執行 `longbridge auth login`	Run `longbridge auth login`
港股期权流动性不足	流动性不足，建议仅使用备兑开仓（covered call）或保护性看跌（protective put）	流動性不足，建議僅使用備兌開倉（covered call）或保護性看跌（protective put）	Low liquidity — consider covered call or protective put only
用户观点不明确	请说明看涨、看跌还是中性	請說明看漲、看跌還是中性	Please clarify: bullish, bearish, or neutral?

MCP fallback

MCP备选方案

CLI command	MCP tool
`longbridge quote`	`mcp__longbridge__quote`
`longbridge option chain`	`mcp__longbridge__option_chain_expiry_date_list`
`longbridge option chain --date`	`mcp__longbridge__option_chain_info_by_date`
`longbridge option volume`	`mcp__longbridge__option_volume`

CLI命令	MCP工具
`longbridge quote`	`mcp__longbridge__quote`
`longbridge option chain`	`mcp__longbridge__option_chain_expiry_date_list`
`longbridge option chain --date`	`mcp__longbridge__option_chain_info_by_date`
`longbridge option volume`	`mcp__longbridge__option_volume`

Related skills

File layout

文件结构

longbridge-options-strategy/
└── SKILL.md          # prompt-only, no scripts/

longbridge-options-strategy/
└── SKILL.md          # 纯提示词，无脚本目录/

Market view

IV level

Recommended strategy

Risk profile

Bullish

Any

Long call / bull call spread

Limited loss, capped or unlimited gain

Bullish

Rich

Bull put spread (sell put spread)

Collect premium, limited risk

Bearish

Any

Long put / bear put spread

Limited loss, capped or large gain

Bearish

Rich

Bear call spread (sell call spread)

Collect premium, limited risk

Neutral (range-bound)

Rich

Short strangle / short straddle

Collect premium, unlimited risk

Neutral (range-bound)

Rich

Iron condor

Collect premium, defined risk both sides

Neutral (vol expansion)

Cheap

Long straddle / long strangle

Pay premium, profit from large move

Income on holding

Any

Covered call

Reduce cost basis, cap upside

Downside protection

Any

Protective put

Insurance premium, preserve upside

市场观点

IV水平

推荐策略

风险特征

看涨

任意

买入看涨期权（Long call）/ 牛市看涨价差（bull call spread）

损失有限，收益封顶或无限

看涨

偏高

牛市看跌价差（Bull put spread，卖出看跌价差）

赚取权利金，风险有限

看跌

任意

买入看跌期权（Long put）/ 熊市看跌价差（bear put spread）

损失有限，收益封顶或可观

看跌

偏高

熊市看涨价差（Bear call spread，卖出看涨价差）

赚取权利金，风险有限

中性（区间震荡）

偏高

卖出宽跨式（Short strangle）/ 卖出跨式（short straddle）

赚取权利金，风险无限

中性（区间震荡）

偏高

铁鹰式（Iron condor）

赚取权利金，双向风险明确

中性（波动率扩张）

偏低

买入跨式（Long straddle）/ 买入宽跨式（long strangle）

支付权利金，从大幅波动中获利

持仓增收

任意

备兑开仓（Covered call）

降低持仓成本，限制上行收益

下行保护

任意

保护性看跌（Protective put）

支付保险权利金，保留上行收益

{Symbol} options strategy recommendation — Source: Longbridge Securities [Market context] - Spot: ${S} | Nearest expiry: {date} | ATM IV: ~X% - IV environment: {rich / fair / cheap} | P/C volume ratio: {X} [Recommended strategy: {Name}] Structure: Leg 1: {Buy/Sell} {N} {OCC} @ ${prem} Leg 2: ... Key metrics (estimated): Max profit: ${X} Max loss: ${X} Breakeven: ${X} Why this fits: {2-sentence rationale linking market view + IV} [Alternative: {Name}] {Brief description and trade-offs} ⚠️ 以上分析仅供参考，不构成投资建议。/ 以上分析僅供參考，不構成投資建議。/ For reference only. Not investment advice.

{Symbol}期权策略推荐 — 来源：Longbridge Securities [市场背景] - 现货价格: ${S} | 最近到期日: {date} | 平值IV: ~X% - IV环境: {偏高 / 适中 / 偏低} | 认购/认沽成交量比率: {X} [推荐策略: {名称}] 结构: 期权腿1: {买入/卖出} {N}手 {OCC代码} @ ${权利金} 期权腿2: ... 关键指标（估算）: 最大收益: ${X} 最大损失: ${X} 盈亏平衡点: ${X} 适配理由: {2句话说明市场观点与IV的关联逻辑} [备选策略: {名称}] {简要描述及利弊权衡} ⚠️ 以上分析仅供参考，不构成投资建议。/ 以上分析僅供參考，不構成投資建議。/ For reference only. Not investment advice.

Situation

简体回复

繁體回復

English reply

command not found: longbridge

切换到 MCP；若不可用，请安装 longbridge-terminal

切換至 MCP；若不可用，請安裝 longbridge-terminal

Fall back to MCP; if unavailable, install longbridge-terminal

stderr

not logged in

请执行

longbridge auth login

請執行

longbridge auth login

Run

longbridge auth login

No liquid options (HK stock)

流动性不足，建议仅使用备兑或保护性看跌

流動性不足，建議僅使用備兌或保護性看跌

Low liquidity — consider covered call or protective put only

User view unclear

请说明看涨、看跌还是中性

請說明看漲、看跌還是中性

Please clarify: bullish, bearish, or neutral?

场景

简体回复

繁体回复

English reply

command not found: longbridge

切换到 MCP；若不可用，请安装 longbridge-terminal

切換至 MCP；若不可用，請安裝 longbridge-terminal

Fall back to MCP; if unavailable, install longbridge-terminal

错误输出

not logged in

请执行

longbridge auth login

請執行

longbridge auth login

Run

longbridge auth login

港股期权流动性不足

流动性不足，建议仅使用备兑开仓（covered call）或保护性看跌（protective put）

流動性不足，建議僅使用備兌開倉（covered call）或保護性看跌（protective put）

Low liquidity — consider covered call or protective put only

用户观点不明确

请说明看涨、看跌还是中性

請說明看漲、看跌還是中性

Please clarify: bullish, bearish, or neutral?

CLI command

MCP tool

longbridge quote

mcp__longbridge__quote

longbridge option chain

mcp__longbridge__option_chain_expiry_date_list

longbridge option chain --date

mcp__longbridge__option_chain_info_by_date

longbridge option volume

mcp__longbridge__option_volume

CLI命令

MCP工具

longbridge quote

mcp__longbridge__quote

longbridge option chain

mcp__longbridge__option_chain_expiry_date_list

longbridge option chain --date

mcp__longbridge__option_chain_info_by_date

longbridge option volume

mcp__longbridge__option_volume

longbridge-options-strategy

Original

Translation

longbridge-options-strategy

longbridge-options-strategy

When to use

使用场景

CLI

CLI

Underlying spot and context

标的现货及相关信息

Option chain — expiry dates

期权链——到期日期

Strikes for a specific expiry

特定到期日的行权价

Call / put volume ratio for sentiment

用于判断情绪的认购/认沽成交量比率

Strategy matrix

策略矩阵

Workflow

工作流程

Output template

输出模板

Error handling

错误处理

MCP fallback

MCP备选方案

Related skills

相关Skill

File layout

文件结构

longbridge-options-strategy

Original

Translation

longbridge-options-strategy

longbridge-options-strategy

When to use

使用场景

CLI

CLI

Underlying spot and context

标的现货及相关信息

Option chain — expiry dates

期权链——到期日期

Strikes for a specific expiry

特定到期日的行权价

Call / put volume ratio for sentiment

用于判断情绪的认购/认沽成交量比率

Strategy matrix

策略矩阵

Workflow

工作流程

Output template

输出模板

Error handling

错误处理

MCP fallback

MCP备选方案

Related skills

相关Skill

File layout

文件结构