{"version":"1.0","provider_name":"Fortune Insight","provider_url":"https:\/\/prime.fortuneinsight.com\/web","author_name":"Option Jack","author_url":"https:\/\/prime.fortuneinsight.com\/web\/posts\/author\/optionjack","title":"\u4e0a\u843d\u5e02\u53ea\u80fd\u73a9\u4e0a\u843d - Fortune Insight","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/537081\">\u4e0a\u843d\u5e02\u53ea\u80fd\u73a9\u4e0a\u843d<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t!function(c,d){\"use strict\";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=0;o<n.length;o++)n[o].style.display=\"none\";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if(\"link\"===t.message)if(a=d.createElement(\"a\"),i=d.createElement(\"a\"),a.href=r.getAttribute(\"src\"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute(\"data-secret\"))t=Math.random().toString(36).substr(2,10),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute(\"security\"),e.parentNode.replaceChild(t,e)}}}}(window,document);\n\/\/--><!]]>\n<\/script><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/537081\/embed\" width=\"600\" height=\"338\" title=\"&#8220;\u4e0a\u843d\u5e02\u53ea\u80fd\u73a9\u4e0a\u843d&#8221; &#8212; Fortune Insight\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe>","thumbnail_url":"https:\/\/prime.fortuneinsight.com\/web\/wp-content\/uploads\/2021\/05\/0504-HS1.png","thumbnail_width":1535,"thumbnail_height":625,"description":"\u5f88\u591a\u4eba\u8667\u640d\u7684\u539f\u56e0\uff0c\u662f\u5728\u4e0a\u843d\u5e02\u6642\u7528\u8da8\u52e2\u7684\u7b56\u7565\uff0c\u6216\u5728\u6709\u8da8\u52e2\u7684\u6642\u5019\u7528\u4e0a\u843d\u7684\u7b56\u7565\u3002 \u5f9e\u6628\u665a\u591c\u671f\u504f\u5f37\uff0c\u9ad8\u898b28340\u9644\u8fd1\u5df2\u770b\u51fa\u4e00\u4e9b\u6703\u53cd\u5f48\u7684\u7aef\u502a\uff0c\u53ea\u4e0d\u904e\u6e2f\u80a1\u4eca\u5929\u958b\u5e02\u6642\u6bb5\u525b\u597d\u9047\u8457\u7f8e\u6307\u671f\u8ca8\u4e0b\u8dcc\uff0c\u6046\u6307\u53ea\u5c0f\u9ad8\u958b\u5f8c\u53cd\u8986\u572828200\u9644\u8fd1\u4e00\u6bb5\u6642\u9593\uff0c\u4e5f\u662f\u4e00\u500b\u6628\u5929\u4e0d\u6562\u8cb7\uff0c\u4eca\u5929\u8cb7\u7684\u6a5f\u6703\uff0c\u4e0b\u5348\u6642\u6bb5\u7f8e\u6307\u671f\u8ca8\u53cd\u5f48\u6046\u6307\u624d\u660e\u986f\u56de\u5347200\u9ede\u4e26\u5e73\u5009\uff0c\u4e0d\u6562\u8ced\u592a\u591a\u3002 \u6046\u6307\u5728\u7d50\u7b97\u65e5\uff084\u670829\u65e5\uff09\u4e0a\u5347\u4e26\u7a81\u783450\u5929\u7dda\uff0c\u4e0d\u5c11\u4eba\u5531\u597d\uff1a5\u6708\u4e0d\u6703\u7aae\uff0c\u9694\u5929\uff084\u670830\u65e5\u6708\u5e95\u6700\u5f8c\u4e00\u500b\u4ea4\u6613\u65e5\uff09\u5373\u6025\u8dcc\uff0c\u771f\u7684\u53c8\u8dcc\u56de29000\u4e4b\u4e0b\uff0c\u7576\u5929\u6025\u632b580\u9ede\u3002 5\u6708\u7b2c\u4e00\u500b\u4ea4\u6613\u65e5\u53c8\u8dcc\uff0c\u56de\u770b\u904e\u53bb\u7d50\u7b97\u65e5\u81f3\u6708\u521d\u4e0d\u662f\u53cd\u8986\u671f\u5c31\u662f\u55ae\u5411\u8da8\u52e2\u7684\u8d77\u6b65\uff0c\u7136\u800c\u6700\u8fd1\u5e02\u6cc1\u4ecd\u7136\u4e0d\u671f\u5f85\u6703\u51fa\u73fe\u55ae\u908a\u8da8\u52e2\u5e02\uff0c\u6240\u4ee5\u4e0a\u661f\u671f\u56db\u6642\u6211\u7814\u52245\u6708\u4efd\u4ecd\u7136\u4e0a\u843d\u5e02\u5c45\u591a\uff0c\u6628\u5929\u8dcc\u4eca\u5929\u53c8\u53cd\u5f48\u53ef\u898b\uff0c\u6c92\u6709\u8da8\u52e2\u4e4b\u9918\uff0c\u9023\u677f\u584a\u8f2a\u52d5\u90fd\u4e4f\u529b\uff0c\u65b0\u820a\u7d93\u6fdf\u80a1\u677f\u584a\u8f2a\u52d5\u7bc0\u594f\u5df2\u7d93\u958b\u59cb\u4e0d\u660e\u986f\uff0c\u7f8e\u570b\u80a1\u5e02\u65b9\u9762\u7d0d\u6307\u504f\u6de1\uff0c\u4f46\u9053\u6307\u4e0d\u80af\u8dcc\u4f4f\uff0c\u7f8e\u80a1\u672a\u4f86\u5f80\u4e0b\u8abf\u6574\u6a5f\u6703\u5927\u4e00\u4e9b\uff0c\u4f46\u6e2f\u80a1\u662f\u5426\u5df2\u7d93\u5077\u6b65\u8dcc\u5de6\u4ecd\u6210\u7591\u554f\uff0c\u5373\u4f7f\u672a\u4f86\u7f8e\u80a1\u8dcc\uff0c\u6e2f\u80a1\u4f4e\u958b\u53cd\u5f48\uff0c\u6536\u7a84\u6e2f\u7f8e\u6307\u6578\u4e4b\u9593\u7684\u8ddd\u96e2\u4e5f\u53ef\u80fd\uff0c\u8ffd\u6cbd\u8981\u5c0f\u5fc3\u3002 &nbsp; \u500b\u5225\u80a1\u4efd\u65b9\u9762\uff0c\u4e2d\u79fb\u52d5\u9664\u6de81.76\u5143\u5f8c\u800c\u8dcc\u7a7f50\u5143\uff0c\u4e0d\u904e\u9019\u6b21\u6211\u4e0d\u6562\u518d\u6b64\u6c34\u5e73\u8cb7\u5165\uff0c\u6703\u9078\u64c7\u5982\u53ef\u8dcc\u81f347\u5143\u9644\u8fd1\u624d\u6703\u640f\u4e00\u6b21\u53cd\u5f48\uff0c\u5982\u679c\u8dcc\u4e0d\u5230\u5c31\u7b97\u3002 &nbsp; \u9a30\u8a0a615\u5143\u59cb\u7d42\u672a\u8dcc\u7834\uff0c\u591a\u6b21\u4f4e\u4f4d\u5728616\u5143\u53cd\u5f48\uff0c\u4e4b\u524d\u8fd1625\u5143\u9644\u8fd1\u5efa\u7acb\u76846\u6708short put\u5009\u53cd\u800c\u53ef\u8cfa3\u30014\u6210\uff0c\u672a\u4f86\u518d\u8dcc\u7834615\u5143\u5e73\u5009\uff0c\u61c9\u8a72\u4e0d\u81f4\u65bc\u5012\u8f38\uff0c\u539f\u56e0\u662fiv\u7e7c\u7e8c\u8dcc\uff0c4\u6708\u4efd\u5efa\u7acb\u7684\u4e94\u6708\u671f\u6b0a530\u5230560 short put\u5df2\u5168\u90e8\u5e73\u5009\u3002 &nbsp; \u5e73\u5b89\u4fdd\u96aa\u6025\u8dcc\u4e09\u65e5\u8207\u904e\u5f80\u6025\u8dcc\u5169\u65e5\u53cd\u5f48\u7684\u7bc0\u594f\u591a\u4e86\u4e00\u65e5\uff0c\u6216\u51fa\u73fe\u4e00\u4e9b\u6539\u8b8a\uff0c\u6216\u8a31\u5df2\u8dcc\u5b8c\uff0c\u4eca\u5929\u6536\u7a84\u8dcc\u5e45\u6536\u5e02\uff0c\u770b\u4f86\u6709\u6a5f\u6703\u53cd\u5f48\u56de83\u81f384\u4e4b\u9593\u53ef\u5206\u6bb5\u6e1b\u5009\u3002 \u5982\u7e7c\u7e8c\u5411\u4e0b\u8d70\uff0c\u6700\u4f73\u7684\u5165\u5e02\u4f4d\u662f\u7a0d\u5fae\u8dcc\u7a7f80\u5143\uff0c\u9019\u662f\u4e00\u500b\u975e\u5e38\u597d\u7684\u535a\u53cd\u5f48\u4f4d\uff0c\u5982\u679c\u53ef\u4ee5\u8dcc\u5230\u7684\u8a71\u3002 &nbsp; \u4f4eiv\u9031\u671f\u64cd\u4f5c\u96e3\u5ea6\u66f4\u9ad8 \u8e0f\u51653\u6708\u4efd\u4ee5\u4f86\uff0c\u6e2f\u80a1\u6301\u7e8c\u5728\u5ffd\u4e0a\u5ffd\u843d\u7684\u5347\u8dcc\u4e2d\u904b\u884c\uff0c\u4f7f\u5f97\u5f15\u4f38\u6ce2\u5e45\u6301\u7e8c\u4e0b\u8dcc\uff0c\u5df2\u8dcc\u81f3\u4e00\u5e74\u591a\u4ee5\u4f86\u7684\u6700\u4f4e\u6c34\u5e73\uff0c\u6307\u6578\u671f\u6b0a\u7684\u6ce2\u5e45\u6307\u6578\u4e0a\u661f\u671f\u66f4\u4f4e\u898b17%\u908a\u7de3\uff0c\u4eca\u65e5\u6536\u5e02\u572817.32\uff05\u3002 \u6211\u57283\u6708\u4e2d\u6642\u7684\u9810\u671f\uff1a\u898b\u5347\u4e0d\u662f\u5347\uff0c\u898b\u8dcc\u4e0d\u662f\u8dcc\uff0c\u4f86\u4f86\u56de\u56de\u7684\u8b8a\u52d5\u662f\u9020\u6210\u5f15\u4f38\u6ce2\u5e45\u6301\u7e8c\u4e0b\u8dcc\u7684\u4e3b\u8981\u539f\u56e0\u3002 \u8868\u9762\u770b\u4f86\u4f4e\u5f15\u4f38\u6ce2\u5e45(Implied Volatility)\u4ee5\u4e0b\u7c21\u7a31IV\uff0c\u5c0d\u671f\u6b0a\u8cb7\u65b9\u6709\u5229\uff0c\u4f46\u7576\u6c92\u6709\u8da8\u52e2\u6642\uff0clong\u4e4b\u5165\u5e02\u4f4d\u7f6e\uff0c\u5fc5\u9808\u5f88\u7cbe\u6e96\uff0c\u96d6\u7136IV\u4f4e\u800c\u503c\u535a\u7387\u9ad8\uff0c\u4f46\u5373\u4f7f\u65b9\u5411\u505a\u5c0d\u4e86\uff0c\u59cb\u7d42\u6c92\u6709\u8da8\u52e2\u4e5f\u5f88\u96e3\u6709\u500d\u6578\u5229\u6f64\u51fa\u73fe\u3002 \u82e5\u4ee5\u8ce3\u65b9\uff08short\uff09\u4ea4\u6613\uff0c\u537b\u5fc5\u9808\u627f\u53d7\u932f\u5411\u6642\u4e4b\u6d6e\u52d5\u640d\u5931\uff0c\u4f8b\u5982\u4e0a\u661f\u671f\u56db\u7d50\u7b97\u65e5(4\u670829\u65e5)\u6046\u6307\u5347\u81f329300\u9ede\u4e4b\u4e0a\uff0c\u7a81\u783450\u5929\u7dda\uff0c\u82e5\u4ee5\u6307\u6578\u671f\u6b0ashort put\u5009\u4f86\u8ffd\u9ad8\uff0c\u624d\u77ed\u77ed\u5169\u5929\u5c31\u8981\u9762\u5c0d1\u500d\u7684\u6d6e\u52d5\u640d\u5931\u3002 \u4ee5\u9a30\u8a0a\u671f\u6b0a\u4f86\u8209\u4f8b\uff0c\u4eca\u5e741\u53ca2\u6708\u4efd\u7684\u50f9\u5916\u671f\u6b0aiv\u8655\u65bc42\uff5e55%\u4e4b\u9593\uff0c\u800c\u6700\u8fd1\u5169\u5929\uff0cIV\u5df2\u8dcc\u81f325\uff5e27%\uff0c\u5c24\u5176\u662f\u53ea\u6709\u6642\u9593\u503c\u7684\u50f9\u5916\u671f\u6b0a\uff0c\u4f8b\u59822\u6708\u521d\u6642\u8ddd\u96e2\u9a30\u8a0a\u80a1\u50f910%\u7684\u50f9\u5916call\uff0c\u8207\u73fe\u6642\u9a30\u8a0a\u80a1\u50f910%\u7684\u50f9\u5916call\u6bd4\u8f03\uff0c\u73fe\u6642\u7684\u671f\u6b0a\u91d1\u53ea\u662f1\u81f32\u6708\u4efd\u6642\u76843\u6210\u5de6\u53f3\uff0c\u53ef\u898b\u9ad8\u4f4eiv\u7684\u5dee\u5225\u5f71\u97ff\u671f\u6b0a\u91d1\u7684\u56b4\u91cd\u6027\u3002 \u6240\u4ee5\u5373\u4f7f\u505ashort\u90fd\u5fc5\u9808\u5165\u5e02\u53ca\u5e73\u5009\u4f4d\u7cbe\u6e96\uff0c\u4e0d\u80af\u5b9a\u4f4d\u7f6e\u53ea\u80fd\u5206\u6ce8\u6216\u7d30\u6ce8\u3002 &nbsp; \u6046\u751f\u6307\u6578\u6307\u6578\u5728\u904e\u53bb\u4e09\u5929\u4e4b\u5167\u89f8\u78b0\u4e0a\u4e0b\u4fdd\u529b\u52a0\u7dda\uff0c\u5230\u4eca\u5929\u70ba\u6b62\u4e0a\u4e0b\u4fdd\u529b\u52a0\u7dda\u525b\u597d\u662f1000\u9ede\uff1a28330\u300129330\uff08\u73fe\u8ca8\u6307\u6578\uff09\u3002\u5982\u679c\u60f3\u8ced\u672a\u4f86\u7206\u908a\u7684\u8a71\uff0c\u53ef\u53c3\u8003\u5347\u8dcc\u7834\u9019\u5169\u500b\u4f4d\u7f6e\u6536\u5e02\u70ba\u6e96\u3002 &nbsp; \u4e09\u5927\u8eca\u80a1\u9023\u8dcc\u591a\u65e5\uff0c \u4eca\u65e5\u6bd4\u4e9e\u8fea\uff081211\uff09\u66f4\u8dcc\u7834\u524d\u4f4e\u4f4d\uff0c\u66ab\u6642\u672a\u6709\u6253\u7b97\u8cb7\u8eca\u80a1\uff0c\u9664\u975e\u518d\u8dcc\u7834\u4e4b\u524d\u4f4e\u4f4d\u4e00\u6bb5\uff0c\u518d\u8003\u91cf\u5206\u6bb5\u505ashort put\u535a\u5f48\u3002 &nbsp; BiliBili\uff089626\uff09\u81ea\u4e0a\u661f\u671f\u4e94\u958b\u59cbGap\u8dcc3\u65e5\uff0c\u4e0a\u661f\u671f\u4e94\u9084\u53ef\u4ee5\u6b62\u8cfa\u8d70\u4e86\u4e00\u6ce8\uff0c\u661f\u671f\u4e00\u5df2\u7d93\u7531\u76c8\u8f49\u8667\uff0c\u672a\u4f86\u5982\u8dcc\u8fd1810\u5143\u9644\u8fd1\u518d\u8cb7\u904e\uff0c\u8dcc\u7834795\uff5e788\u6b62\u8755\u3002 &nbsp; \u4eac\u6771\u5065\u5eb7\uff086618\uff09\u8d70\u52e2\u666e\u901a\uff0c\u53ef\u4ee520\u5929\u7dda\u70ba\u6b62\u8755\u4f4d\uff0c\u4e4b\u524d\u8ffd\u7684short put\u5009\u4ecd\u7136\u6709\u4e9b\u6d6e\u52d5\u76c8\u5229\uff0c\u5982\u679c\u662flong call\u50f9\u5916\u5165\u5e02\u7684\u8a71\u6700\u5c11\u8f384\u6210\u3002 &nbsp; \u6e2f\u4ea4\u6240\u5e73\u4e86\u4e4b\u524d\u7b2c\u4e00\u6b21\u5165\u5e02\u7684short call\u5009520\u51435\u6708\uff0c6.37\uff5e1.40\u8d85\u904e7\u6210\u5229\u6f64\uff0c\u53e6\u5916\u4e00\u6ce8\u6de1\u5009\u7e7c\u7e8c\u653e\u3002 \u6c92\u6709\u8da8\u52e2\u524d\u7686\u7d30\u5009\u70ba\u5b9c\u3002 &nbsp; \u3008\u671f\u6b0a\u6295\u6a5f\u98a8\u96aa\u5927\uff0c\u8f38\u5f97\u8d77\u5148\u597d\u73a9\u3009 &nbsp; \u500b\u4eba\u7684\u4ea4\u6613\u65b9\u6cd5\u4e26\u4e0d\u9069\u5408\u5927\u90e8\u5206\u6295\u8cc7\u8005\u3002\u5efa\u8b70\u627e\u5230\u9069\u5408\u81ea\u5df1\u500b\u6027\u7684\u6709\u6548\u4ea4\u6613\u7b56\u7565\u3002 \u4ee5\u4e0a\u4e43\u500b\u4eba\u4e4b\u64cd\u4f5c\u60f3\u6cd5\uff0c\u4e26\u4e0d\u69cb\u6210\u63a8\u85a6\uff0c\u5efa\u8b70\u6216\u8a98\u4f7f\u8cb7\u8ce3\u4e4b\u884c\u70ba\uff0c\u671f\u6b0a\u50f9\u683c\u53ef\u80fd\u6025\u5347\u6216\u6025\u8dcc\uff0c\u904e\u5f80\u4e4b\u7e3e\u6548\u4e0d\u4ee3\u8868\u5c07\u4f86\u4e4b\u7372\u5229\u4fdd\u8b49\uff0c\u6295\u8cc7\u4eba\u61c9\u6709\u6240\u53d6\u6368\u3002"}