How can I get to Huashan Xifeng from the tourist center
(1) Huashan north station has a free bus to Huashan tourist center. The green window of the bus body says free bus. No. 1 and No. 2 end at the tourist center. No. 1 is the most convenient. After getting off the bus, the ticket hall of the tourist center is 100 meters south
in the tourist center, there are 20 yuan scenic spot ferry buses to Beifeng cableway station, 40 yuan scenic spot ferry buses to Xifeng cableway station, and free scenic spot ferry buses to yuquanyuan, xiyuemiao and Xianyu (Huashan tickets are required for free buses)
(2) after leaving Huashan north station, walk southward along Huayue road for 10 minutes and meet the bus stop at the northeast corner of the first big cross. There is a bus to Luofu at the bus stop at the big cross under Huashan Yuquan courtyard. The ticket price is 2-3 yuan
(3) taxi: 10 yuan from Huashan north station to tourist center, 20 yuan from Huashan north station to yuquanyuan, and 10 yuan from Huashan north station to xiyuemiao.
the three common forces are gravity, elasticity and friction. These are three different forces
pressure is elasticity
in some cases, friction is proportional to pressure.
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negative premium means that the total cost of exercise (exercise price + adjusted warrant price) is lower than the market price of positive stock under the condition of no transaction cost and no rise or fall of stock price, and exercise has a certain arbitrage space
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sometimes we may see a negative premium and see "premium" turning into "discount" on the stock market. This phenomenon is called "negative premium"
at this time, investors may think that this is a good time to buy a "negative premium" Wolun, because according to the premium calculation formula, since the premium is when the positive stock needs to change how much to reach the strike sum, does the negative premium mean that the positive stock does not need to rise, and the Wolun has been struck, which means that you can make money immediately
There are four reasons for negative premium:first, positive stock is about to be ex dividend. If a stock will be ex dividend after a period of time, the ex dividend factor has been taken into account when the issuer calculates the price of the wheel, so the price of the wheel will naturally be flat. Using the formula to calculate the premium, the price of Wolun is flat, but the price of Zhenggu is not ex dividend, so the calculated premium will be lower. If the premium is already very low, plus the ex dividend factor, it is easy to have a negative number, that is, a negative premium
secondly, woks belong to non-standard wheels, and the general premium calculation method is not suitable for non-standard wheels. For example, some woks with several settlement days need to use a special method to calculate the premium. If we mistakenly regard it as an ordinary calculation, the calculated premium will be very low or even negative. In fact, this value is wrong. The best way for investors to choose non-standard round is to have a wide range of data. They also need to recognize the terms and don't be confused by the wrong data
thirdly, if the price of a wowheel has not been traded for a long time, or if the issuer has not offered a price for the wowheel for a period of time, and the price of the wowheel has not been updated (the current price is naturally the old price, and there is no guidance), then the calculated premium is not applicable, but this situation is relatively rare
Fourthly, it is about to expire. The closer to the maturity date, the smaller the time value will be, and the premium should be close to zero. But why do some close to maturity have negative premium? The reason is that in a certain period of time, the positive stock is traded at ask, while the Wolun is traded at bid, so the situation of negative premium may appearin a word, the above situations of negative premium are all illusions. To have a real negative premium, the opportunity is actually very small. Even if there is a real negative premium, because the market efficiency in Hong Kong is very high, some professional traders in the market will make profits by arbitrage or hedging, so this opportunity will not last long