{"id":47206,"date":"2026-05-13T05:40:05","date_gmt":"2026-05-13T05:40:05","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/47206\/"},"modified":"2026-05-13T05:40:05","modified_gmt":"2026-05-13T05:40:05","slug":"%e6%97%a5%e6%9c%ac3%e6%9c%88%e7%b6%93%e5%b8%b8%e5%b8%b3%e7%9b%88%e9%a4%98%e5%8b%9d%e9%a0%90%e6%9c%9f%ef%bc%8c%e6%8e%a8%e5%8b%95%e6%97%a5%e5%9c%93%e8%b5%b0%e5%bc%b7%e5%8f%8a%e8%a1%8d%e7%94%9f%e7%94%a2","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/live-updates\/47206\/","title":{"rendered":"\u65e5\u672c3\u6708\u7d93\u5e38\u5e33\u76c8\u9918\u52dd\u9810\u671f\uff0c\u63a8\u52d5\u65e5\u5713\u8d70\u5f37\u53ca\u884d\u751f\u7522\u54c1\u91cd\u65b0\u90e8\u7f72"},"content":{"rendered":"

\u65e5\u672c3\u6708\u672a\u7d93\u5b63\u7bc0\u8abf\u6574\u7684\u7d93\u5e38\u5e33\u7d50\u9918\u70ba4.682\u5146\u65e5\u5713\uff0c\u4f4e\u65bc\u5e02\u5834\u9810\u671f\u76843.879\u5146\u65e5\u5713\u3002<\/p>\n

\u5831\u544a\u628a\u5be6\u969b\u6578\u5b574.682\u5146\u65e5\u5713\u8207\u9810\u6e2c3.879\u5146\u65e5\u5713\u4f5c\u6bd4\u8f03\u3002\u6578\u64da\u65bc3\u6708\u516c\u5e03\u3002<\/p>\n

\u5c0d\u65e5\u5713\u7684\u5f71\u97ff<\/h3>\n

3\u6708\u7d93\u5e38\u5e33\u300c\u76c8\u9918\u300d\uff08\u5373\u6d41\u5165\u65e5\u672c\u7684\u5916\u532f\u6536\u5165\u591a\u65bc\u6d41\u51fa\uff09\u9060\u9ad8\u65bc\u9810\u671f\uff0c\u70ba\u65e5\u5713\u5e36\u4f86\u504f\u5f37\u7684\u57fa\u672c\u9762\u56e0\u7d20\u30024.682\u5146\u65e5\u5713\u7684\u76c8\u9918\u5927\u5e45\u8d85\u9810\u671f\uff0c\u53cd\u6620\u6709\u53ef\u89c0\u8cc7\u91d1\u6de8\u6d41\u5165\u65e5\u672c\uff0c\u8207\u904e\u53bb\u5169\u5e74\u5e02\u5834\u5c0d\u65e5\u5713\u504f\u5f31\u7684\u770b\u6cd5\u5f62\u6210\u5c0d\u6bd4\u3002<\/p>\n

\u5728\u6b64\u80cc\u666f\u4e0b\uff0c\u53ef\u7559\u610f\u6709\u5229\u65bc\u7f8e\u5143\u514c\u65e5\u5713\uff08USD\/JPY\uff09\u4e0b\u8dcc\u7684\u300c\u884d\u751f\u5de5\u5177\u7b56\u7565\u300d\uff08\u5373\u7528\u5408\u7d04\u800c\u975e\u73fe\u8ca8\u53bb\u62bc\u6ce8\u8d70\u52e2\u6216\u7ba1\u7406\u98a8\u96aa\uff09\u3002\u5728\u532f\u50f9\u8fd1\u65e5\u66fe\u4e0a\u8a66165\u4ee5\u4e0a\u3001\u63a5\u8fd1\u591a\u5e74\u9ad8\u4f4d\u5f8c\uff1a
\n– \u8cb7\u5165USD\/JPY\u300c\u8a8d\u6cbd\u671f\u6b0a\u300d\uff08put option\uff1a\u8ce6\u4e88\u6301\u6709\u4eba\u5728\u5230\u671f\u524d\/\u5230\u671f\u65e5\u4ee5\u6307\u5b9a\u50f9\u683c\u8ce3\u51faUSD\/JPY\u7684\u6b0a\u5229\uff0c\u7528\u65bc\u62bc\u6ce8\u4e0b\u8dcc\u6216\u5c0d\u6c96\uff09\uff0c\u6216
\n– \u6cbd\u51fa\u300c\u50f9\u5916\u8a8d\u8cfc\u671f\u6b0a\u300d\uff08out-of-the-money call option\uff1a\u884c\u4f7f\u50f9\u9ad8\u65bc\u73fe\u50f9\u7684\u8cb7\u5165\u671f\u6b0a\uff0c\u6536\u53d6\u671f\u6b0a\u91d1\uff1b\u82e5\u532f\u50f9\u4e0d\u5347\u7a7f\u884c\u4f7f\u50f9\uff0c\u8ce3\u65b9\u53ef\u4fdd\u7559\u671f\u6b0a\u91d1\uff0c\u4f46\u4e00\u65e6\u6025\u5347\u98a8\u96aa\u8f03\u5927\uff09
\n\u6216\u6709\u52a9\u90e8\u7f72\u56de\u8abf\u3002<\/p>\n

\u5e02\u5834\u6d88\u5316\u5f37\u52c1\u6578\u64da\u3001\u540c\u6642\u9762\u5c0d\u65e5\u672c\u592e\u884c\u53d6\u614b\u504f\u5be9\u614e\uff0c\u6216\u4ee4\u300c\u96b1\u542b\u6ce2\u52d5\u7387\u300d\uff08implied volatility\uff1a\u7531\u671f\u6b0a\u50f9\u683c\u53cd\u63a8\u5e02\u5834\u9810\u671f\u672a\u4f86\u6ce2\u5e45\u7684\u6307\u6a19\uff09\u4e0a\u5347\uff1b\u5728\u6ce2\u5e45\u9810\u671f\u63d0\u9ad8\u6642\uff0c\u90e8\u5206\u6295\u8cc7\u8005\u6703\u8003\u616e\u4ee5\u6536\u53d6\u671f\u6b0a\u91d1\u70ba\u4e3b\u7684\u7b56\u7565\uff0c\u4f46\u98a8\u96aa\u7ba1\u7406\u8981\u6c42\u66f4\u9ad8\u3002<\/p>\n

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\u4e00\u822c\u800c\u8a00\uff0c\u65e5\u5713\u8f49\u5f37\u6703\u5c0d\u65e5\u672c\u80a1\u5e02\u69cb\u6210\u58d3\u529b\uff0c\u56e0\u70ba\u5927\u578b\u51fa\u53e3\u4f01\u696d\u7684\u6d77\u5916\u6536\u76ca\u5728\u63db\u7b97\u56de\u65e5\u5713\u6642\u50f9\u503c\u6703\u4e0b\u964d\u3002\u65e5\u7d93225\u4eca\u5e74\u4ee5\u4f86\u7d2f\u5347\u903e15%\uff0c\u5176\u4e2d\u4e00\u500b\u652f\u6301\u56e0\u7d20\u662f\u65e5\u5713\u504f\u5f31\u3002<\/p>\n

\u80a1\u7968\u5c0d\u6c96\u8003\u616e<\/h3>\n

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