The following are some strategies that some investors use in the derivatives market to pursue short-term high returns, but they are also accompanied by extremely high risks. It should be emphasized that these strategies are usually only suitable for professional investors with high risk tolerance and rich experience, and market fluctuations, leverage effects and liquidity problems may lead to significant losses. The following content is for reference only and does not constitute any investment advice: 1. Leveraged futures trading • Overview: Using futures contracts for high leverage operations, you can control large assets with less investment. • Risk warning: Leverage amplifies gains while also amplifying losses; unfavorable market conditions may cause insufficient margin, resulting in forced liquidation or margin calls. 2. Short-term option buying strategy (naked option trading) • Overview: Directly purchase short-term options, especially in an attempt to obtain huge profits when the market is expected to fluctuate violently. • Risk warning: If the price of the underlying asset does not fluctuate violently as expected, the option may quickly become worthless; time value loss (Theta) is also an important risk factor. 3. Naked short options • Overview: Selling options (without holding the underlying asset for hedging), if the underlying price is stable, you can obtain premium income. • Risk Warning: Once the underlying asset fluctuates significantly, especially when selling call options, the potential loss may be unlimited; this strategy is generally considered to be extremely risky. 4. Volatility Trading (such as VIX futures, VIX options, etc.) • Overview: Betting on future volatility changes by trading derivatives linked to market volatility. • Risk Warning: Volatility products themselves are complex in structure and are greatly affected by market panic, liquidity and other factors. Improper operation may result in significant losses. 5. Binary Options • Overview: Investors determine whether an event occurs within a fixed time, and the result is all profit or all loss. • Risk Warning: The "all or nothing" nature of the result makes the risk extreme; in addition, this type of product is restricted or under-regulated in some jurisdictions, and investors are prone to fraud risks. 6. High-leverage CFD Trading • Overview: High-leverage speculation through CFDs can magnify profits but also magnify risks. • Risk Warning: Due to the leverage effect, a small adverse market change may lead to a rapid capital loss; there may also be problems such as counterparty risk. 7. Structured derivatives • Overview: Some structured products designed by banks, such as products with high leverage, which can obtain high returns when certain events are triggered, but at the same time there is a risk of principal loss. • Risk warning: The product structure is complex, with low transparency, and often embedded with multiple risk factors; it is difficult for investors to fully understand it, and the risks in each link may lead to overall failure. Summary and tips: • The common feature of these strategies is to pursue high returns in the short term with the help of leverage or extreme structural design, but it also comes with huge risks. • In actual operation, market uncertainty (including emergencies, liquidity risks and operational errors) may lead to losses far beyond expectations. • Non-professional investors are strongly advised not to try such high-risk operations easily. If considering using such strategies, they must strictly control their positions and formulate risk management measures in advance (such as stop loss, fund diversification, etc.). At the same time, it is best to test and verify ideas repeatedly in a simulated account. The above information is for reference only. Please consult a professional financial advisor before actual operation to ensure that you fully assess your risk tolerance.