范围远期和中断式远期均为由远期和期权组合的打包产品。文章采用实例分别介绍了这两种产品的结构和功能特点,指出通过不同形式远期和期权的组合,这两种合约都可以达到符合机构风险管理需要的稳定要求,降低购买期权时所需支付的期费,并有效降低持有期权卖空头寸的市场参与者所面临较大的期权性风险。 Both long-term and long-term disruptions are packaged products that are a combination of forwards and options. The article introduces the structure and function characteristics of the two products respectively by examples, and points out that by combining different forms of forwards and options, both of the two contracts can meet the stability requirements that meet the needs of the organization’s risk management and reduce the payment required when purchasing the options , And effectively reduce the greater option risk faced by market participants who hold short positions in options.