{"id":47051,"date":"2026-05-08T13:40:57","date_gmt":"2026-05-08T13:40:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/47051\/"},"modified":"2026-05-08T13:40:57","modified_gmt":"2026-05-08T13:40:57","slug":"%e4%bc%8a%e6%9c%97%e5%a4%96%e9%95%b7%e9%98%bf%e6%8b%89%e6%a0%bc%e9%bd%8a%e8%ad%b4%e8%b2%ac%e7%be%8e%e6%96%b9%e5%b0%8d%e6%b2%b9%e8%bc%aa%e7%9a%84%e8%a1%8c%e5%8b%95%ef%bc%8c%e5%b8%82%e5%a0%b4%e5%b0%8d","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/live-updates\/47051\/","title":{"rendered":"\u4f0a\u6717\u5916\u9577\u963f\u62c9\u683c\u9f4a\u8b74\u8cac\u7f8e\u65b9\u5c0d\u6cb9\u8f2a\u7684\u884c\u52d5\uff0c\u5e02\u5834\u5c0d\u970d\u723e\u6728\u8332\u6d77\u5cfd\u98a8\u96aa\u53cd\u61c9\u51b7\u6de1"},"content":{"rendered":"

\u4f0a\u6717\u5916\u9577\u963f\u5df4\u65af\u30fb\u963f\u62c9\u683c\u9f4a\uff08Abbas Araghchi\uff09\u5468\u4e94\u5728\u6b50\u6d32\u4ea4\u6613\u6642\u6bb5\u8868\u793a\uff0c\u5fb7\u9ed1\u862d\u8b74\u8cac\u7f8e\u570b\u6d77\u8ecd\u91dd\u5c0d\u5169\u8258\u4f0a\u6717\u6cb9\u8f2a\u7684\u884c\u52d5\u3002\u64da\u4f0a\u6717\u5b98\u5a92\u53ca\u8def\u900f\u5831\u9053\uff0c\u4ed6\u5f62\u5bb9\u6709\u95dc\u8209\u52d5\u5c6c\u4fb5\u7565\u884c\u70ba\uff0c\u4e26\u9055\u53cd\u505c\u706b\u5b89\u6392\u3002<\/p>\n

\u4ed6\u7a31\uff0c\u6bcf\u7576\u63d0\u51fa\u5916\u4ea4\u89e3\u6c7a\u65b9\u6848\uff0c\u7f8e\u65b9\u5c31\u9078\u64c7\u63a1\u53d6\u8ecd\u4e8b\u884c\u52d5\uff1b\u4ed6\u53c8\u8868\u793a\uff0c\u4f0a\u6717\u4eba\u4e0d\u6703\u5728\u58d3\u529b\u4e0b\u5c48\u670d\u3002<\/p>\n

\u5e02\u5834\u4ecd\u7121\u8996\u5730\u7de3\u653f\u6cbb\u8a0a\u865f<\/h3>\n

\u963f\u62c9\u683c\u9f4a\u5426\u8a8d\u6709\u95dc\u4f0a\u6717\u5c0e\u5f48\u5eab\u5b58\u53ca\u767c\u5c04\u88dd\u7f6e\uff08\u7528\u65bc\u767c\u5c04\u5c0e\u5f48\u7684\u8a2d\u5099\uff09\u80fd\u529b\u76f8\u8f032\u670828\u65e5\u53ea\u526975%\u7684\u8aaa\u6cd5\uff0c\u7a31\u6b63\u78ba\u6578\u5b57\u662f120%\u3002<\/p>\n

\u5e02\u5834\u5c0d\u5176\u8a00\u8ad6\u66ab\u672a\u898b\u5373\u6642\u53cd\u61c9\uff0c\u5168\u7403\u98a8\u96aa\u60c5\u7dd2\u4ea6\u672a\u898b\u660e\u986f\u8b8a\u5316\u3002<\/p>\n

\u5e02\u5834\u76ee\u524d\u628a\u76f8\u95dc\u8a00\u8ad6\u7576\u4f5c\u4e00\u822c\u653f\u6cbb\u96dc\u97f3\uff0c\u672a\u6709\u8a8d\u771f\u8a08\u5165\u50f9\u683c\u3002\u6211\u5011\u8a8d\u70ba\u9019\u53cd\u6620\u5e02\u5834\u4f4e\u4f30\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\uff0c\u5c24\u5176\u6d89\u53ca\u5c0d\u6cb9\u8f2a\u7684\u76f4\u63a5\u5a01\u8105\u3002\u82e5\u7f8e\u570b\u6d77\u8ecd\u6709\u5be6\u969b\u884c\u52d5\uff0c\u5c40\u52e2\u53ef\u80fd\u8fc5\u901f\u4e14\u5927\u5e45\u5347\u7d1a\u3002<\/p>\n

\u6700\u76f4\u63a5\u98a8\u96aa\u5728\u5168\u7403\u77f3\u6cb9\u4f9b\u61c9\uff0c\u56e0\u7d0421%\u5168\u7403\u6bcf\u65e5\u77f3\u6cb9\u6d88\u8017\u91cf\u6703\u9014\u7d93\u970d\u723e\u6728\u8332\u6d77\u5cfd\u30022022\u5e74\u521d\u66fe\u56e0\u4f9b\u61c9\u6182\u616e\uff0c\u5e03\u862d\u7279\u539f\u6cb9\u671f\u8ca8\uff08Brent crude futures\uff0c\u6307\u4ee5\u5e03\u862d\u7279\u539f\u6cb9\u70ba\u6a19\u7684\u7684\u671f\u8ca8\u5408\u7d04\uff09\u5728\u6578\u5468\u5167\u5347\u903e30%\uff0c\u800c\u4eca\u6b21\u60c5\u6cc1\u66f4\u76f4\u63a5\u3002\u5c0d\u672a\u4f86\u6578\u5468\u90e8\u7f72\u5e03\u862d\u7279\u6216WTI\uff08\u897f\u5fb7\u5dde\u4e2d\u8cea\u539f\u6cb9\uff09\u7684\u50f9\u5916\u8a8d\u8cfc\u671f\u6b0a\uff08out-of-the-money call options\uff0c\u5373\u884c\u4f7f\u50f9\u9ad8\u65bc\u73fe\u50f9\u3001\u7528\u4f5c\u62bc\u6ce8\u50f9\u683c\u5927\u5347\u6216\u4f5c\u4fdd\u96aa\u7684\u671f\u6b0a\uff09\uff0c\u53ef\u4f5c\u70ba\u61c9\u5c0d\u6f5b\u5728\u4f9b\u61c9\u885d\u64ca\u7684\u5be9\u614e\u505a\u6cd5\u3002<\/p>\n

\u8de8\u8cc7\u7522\u50b3\u67d3\u8207\u7d44\u5408\u5c0d\u6c96<\/h3>\n

\u4e00\u65e6\u5347\u7d1a\uff0c\u7dca\u5f35\u5c40\u52e2\u4e0d\u6703\u53ea\u9650\u65bc\u6cb9\u5e02\u3002\u6211\u5011\u8a18\u5f97\u53bb\u5e74\uff082025\u5e74\uff09\u7d05\u6d77\u822a\u904b\u53d7\u963b\uff0c\u66fe\u4ee4CBOE\u6ce2\u52d5\u7387\u6307\u6578\uff08VIX\uff0c\u300c\u6050\u614c\u6307\u6578\u300d\uff0c\u53cd\u6620\u5e02\u5834\u5c0d\u7f8e\u80a1\u6ce2\u52d5\u7684\u9810\u671f\uff09\u77ed\u671f\u62bd\u5347\uff0c\u4e26\u62d6\u7d2f\u5168\u7403\u80a1\u5e02\u3002\u4ee5VIX\u8a8d\u8cfc\u671f\u6b0a\u6216\u6307\u6578\u8a8d\u6cbd\u671f\u6b0a\uff08index puts\uff0c\u5373\u62bc\u6ce8\u6307\u6578\u4e0b\u8dcc\u3001\u7528\u4f5c\u4fdd\u96aa\u7684\u671f\u6b0a\uff09\u70ba\u9577\u5009\u80a1\u7968\uff08\u6301\u6709\u4e26\u770b\u597d\u80a1\u7968\u4e0a\u5347\u7684\u6295\u8cc7\u7d44\u5408\uff09\u4f5c\u5c0d\u6c96\uff0c\u73fe\u6642\u6210\u672c\u4ecd\u8f03\u4f4e\uff1b\u4e00\u65e6\u51fa\u73fe\u9996\u5b97\u91cd\u5927\u4e8b\u4ef6\uff0c\u5c0d\u6c96\u50f9\u683c\u5f80\u5f80\u6703\u6025\u5347\u3002<\/p>\n

\u300c\u5c0e\u5f48\u80fd\u529b\u9054120%\u300d\u7684\u8aaa\u6cd5\uff0c\u61c9\u8996\u70ba\u610f\u5716\u8207\u80fd\u529b\u4fe1\u865f\uff0c\u800c\u4e0d\u53ea\u662f\u53e3\u982d\u8868\u614b\u3002\u9019\u610f\u5473\u5831\u5fa9\u9580\u6abb\u53ef\u80fd\u504f\u4f4e\uff0c\u4efb\u4f55\u4e8b\u4ef6\u90fd\u53ef\u80fd\u6bd4\u5e02\u5834\u9810\u671f\u66f4\u5feb\u60e1\u5316\uff0c\u4ee4\u91dd\u5c0d\u6a19\u666e500\u7b49\u5927\u578b\u5e02\u5834\u6307\u6578\u7684\u4f4e\u6210\u672c\u4fdd\u8b77\u66f4\u5177\u5438\u5f15\u529b\u3002<\/p>\n

\u5728\u6b64\u74b0\u5883\u4e0b\uff0c\u82e5\u7dca\u5f35\u5347\u6eab\uff0c\u8cc7\u91d1\u5f80\u5f80\u6d41\u5411\u907f\u96aa\u8cc7\u7522\u3002\u6211\u5011\u9810\u671f\u7f8e\u5143\u8f49\u5f37\uff0c\u91d1\u50f9\u4ea6\u53ef\u80fd\u6025\u5347\uff0c\u56e0\u4ea4\u6613\u54e1\u964d\u4f4e\u98a8\u96aa\uff08de-risk\uff0c\u5373\u6e1b\u5c11\u9ad8\u98a8\u96aa\u8cc7\u7522\u6301\u5009\uff09\u3002\u56e0\u6b64\uff0c\u7f8e\u5143\u6307\u6578\u884d\u751f\u5de5\u5177\uff08derivatives\uff0c\u4ee5\u7f8e\u5143\u6307\u6578\u70ba\u6a19\u7684\u7684\u671f\u8ca8\u6216\u671f\u6b0a\u7b49\u5408\u7d04\uff09\u6216\u9ec3\u91d1\u671f\u8ca8\u884d\u751f\u5de5\u5177\uff0c\u53ef\u4f5c\u70ba\u4e2d\u6771\u5c40\u52e2\u5347\u6eab\u6642\u7684\u5c0d\u6c96\u9078\u9805\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u4f0a\u6717\u5916\u9577\u963f\u62c9\u683c\u9f4a\u8b74\u8cac\u7f8e\u65b9\u91dd\u5c0d\u6cb9\u8f2a\u884c\u52d5\uff0c\u8b66\u544a\u5347\u7d1a\u98a8\u96aa\uff1b\u4f46\u5e02\u5834\u5c0d\u970d\u723e\u6728\u8332\u6d77\u5cfd\u53d7\u963b\u6182\u616e\u4ecd\u51b7\u6de1\uff0c\u6cb9\u50f9\u6ce2\u52d5\u6709\u9650\uff0c\u6295\u8cc7\u8005\u95dc\u6ce8\u5f8c\u7e8c\u5236\u88c1\u8207\u822a\u904b\u4fdd\u8cbb\u8d70\u52e2\u3002<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-47051","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/47051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/comments?post=47051"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/47051\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/media?parent=47051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/categories?post=47051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/tags?post=47051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}