Option Bao is an ordinary European foreign exchange option product. You are the buyer and the bank is the seller. (Ordinary European option means that the buyer pays the option fee to the seller, so as to obtain the right to choose whether to exchange a predetermined amount of currency for another currency at a fixed time on the expiration date. According to my own judgment on the direction of future exchange rate changes, I will pay a certain option fee to the bank and purchase options with corresponding face value, term and agreed exchange rate (or exercise price). If the exchange rate changes in favor of you when the option expires, you can get the corresponding income by exercising the option; If the exchange rate changes against you, the option will not be exercised.

The above contents are for your reference. Please refer to the actual business regulations.

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