{"id":44980,"date":"2026-04-15T06:43:17","date_gmt":"2026-04-15T06:43:17","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44980\/"},"modified":"2026-04-15T06:43:17","modified_gmt":"2026-04-15T06:43:17","slug":"%e7%be%8e%e5%9c%8b%e5%89%af%e7%b8%bd%e7%b5%b1%e8%90%ac%e6%96%af%e7%a8%b1%e7%be%8e%e4%bc%8a%e8%ab%87%e5%88%a4%e6%8c%81%e7%ba%8c%e9%80%b2%e8%a1%8c%ef%bc%8c%e5%86%80%e9%81%94%e6%88%90%e6%9b%b4%e5%bb%a3","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/44980\/","title":{"rendered":"\u7f8e\u570b\u526f\u7e3d\u7d71\u842c\u65af\u7a31\u7f8e\u4f0a\u8ac7\u5224\u6301\u7e8c\u9032\u884c\uff0c\u5180\u9054\u6210\u66f4\u5ee3\u6cdb\u5354\u8b70\u4ee5\u6539\u5584\u4f0a\u6717\u878d\u5165\u5168\u7403\u79e9\u5e8f"},"content":{"rendered":"<p>\u7f8e\u570b\u526f\u7e3d\u7d71JD Vance\u8868\u793a\uff0c\u8207\u4f0a\u6717\u7684\u5c0d\u8a71\u4ecd\u5728\u7e7c\u7e8c\uff0c\u7f8e\u65b9\u6b63\u5c0b\u6c42\u4e00\u9805\u66f4\u5ee3\u6cdb\u7684\u5354\u8b70\uff0c\u5167\u5bb9\u6d89\u53ca\u4f0a\u6717\u8207\u5168\u7403\u66f4\u5ee3\u6cdb\u7684\u7d93\u6fdf\u5f80\u4f86\u3002\u4ed6\u5728\u4e00\u5834\u516c\u958b\u6d3b\u52d5\u4e0a\u7a31\uff0c\u8ac7\u5224\u6b63\u900f\u904e\u591a\u500b\u6e20\u9053\u9032\u884c\uff0c\u5305\u62ec\u5df4\u57fa\u65af\u5766\u3002<\/p>\n<p>Vance\u8aaa\uff0c\u78cb\u5546\u53d6\u5f97\u91cd\u5927\u9032\u5c55\uff0c\u505c\u706b\u5df2\u9023\u7e8c\u7b2c\u4e03\u5929\u7dad\u6301\u3002\u4ed6\u8868\u793a\uff0c\u7531\u65bc\u96d9\u65b9\u591a\u5e74\u7f3a\u4e4f\u4e92\u4fe1\uff08\u5373\u9577\u671f\u4e0d\u4fe1\u4efb\u5c0d\u65b9\u3001\u96e3\u4ee5\u5feb\u901f\u9054\u6210\u5171\u8b58\uff09\uff0c\u77ed\u671f\u5167\u4e0d\u9810\u671f\u53ef\u8fc5\u901f\u9054\u6210\u5354\u8b70\u3002<\/p>\n<h3>\u5916\u4ea4\u8207\u7d93\u6fdf\u9023\u63a5<\/h3>\n<p>\u4ed6\u8868\u793a\uff0c\u83ef\u76db\u9813\u7d55\u4e0d\u6703\u5141\u8a31\u4f0a\u6717\u64c1\u6709\u6838\u6b66\uff08\u5373\u53ef\u7528\u65bc\u6838\u6253\u64ca\u7684\u5927\u898f\u6a21\u6bba\u50b7\u6027\u6b66\u5668\uff09\u3002\u4ed6\u88dc\u5145\uff0c\u82e5\u5fb7\u9ed1\u862d\u4ee5\u300c\u6b63\u5e38\u570b\u5bb6\u300d\u65b9\u5f0f\u884c\u4e8b\uff0c\u5c07\u5728\u7d93\u6fdf\u5c64\u9762\u7372\u5f97\u76f8\u61c9\u5c0d\u5f85\uff0c\u5305\u62ec\u66f4\u6df1\u5165\u63a5\u5165\u5168\u7403\u8cbf\u6613\u8207\u91d1\u878d\u9ad4\u7cfb\uff08\u6307\u66f4\u9806\u66a2\u5730\u53c3\u8207\u570b\u969b\u8cb7\u8ce3\u3001\u9280\u884c\u7d50\u7b97\u3001\u878d\u8cc7\u8207\u8cc7\u91d1\u6d41\u52d5\uff09\u3002<\/p>\n<p>\u5e02\u5834\u65b9\u9762\uff0c\u80a1\u5e02\u6574\u9ad4\u504f\u5411\u6b63\u9762\uff0c\u76f8\u95dc\u8a00\u8ad6\u88ab\u89e3\u8b80\u70ba\u4fdd\u7559\u5916\u4ea4\u8ac7\u5224\u7a7a\u9593\uff0c\u4ee4\u6295\u8cc7\u8005\u66f4\u9858\u610f\u627f\u64d4\u98a8\u96aa\uff0c\u5e36\u52d5\u98a8\u96aa\u504f\u597d\u4e0a\u5347\uff08risk-on\uff1a\u6295\u8cc7\u8005\u50be\u5411\u8cb7\u5165\u80a1\u7968\u7b49\u8f03\u9ad8\u98a8\u96aa\u8cc7\u7522\uff09\u3002<\/p>\n<p>\u5c0d\u4f0a\u6717\u7684\u8ac7\u5224\u4ea6\u58d3\u4f4e\u80fd\u6e90\u5e02\u5834\u6ce2\u5e45\uff08\u50f9\u683c\u4e0a\u4e0b\u8d77\u4f0f\u5e45\u5ea6\uff09\uff0c\u66ab\u6642\u9650\u5236\u6cb9\u50f9\u5347\u5e45\u3002\u96a8\u7740\u505c\u706b\u6301\u7e8c\uff0c\u65e9\u524d\u56e0\u5730\u7de3\u653f\u6cbb\u7dca\u5f35\u800c\u53cd\u6620\u5728\u539f\u6cb9\u50f9\u683c\u4e2d\u7684\u300c\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u6ea2\u50f9\u300d\uff08\u5373\u56e0\u6230\u4e8b\u6216\u885d\u7a81\u98a8\u96aa\u800c\u984d\u5916\u52a0\u4e0a\u7684\u50f9\u683c\uff09\u5df2\u6d88\u9000\u3002\u4ea4\u6613\u54e1\u9700\u7559\u610f\u829d\u52a0\u54e5\u671f\u6b0a\u4ea4\u6613\u6240\u6ce2\u52d5\u7387\u6307\u6578\uff08CBOE VIX\uff0c\u4fd7\u7a31\u300c\u6050\u614c\u6307\u6578\u300d\uff0c\u7528\u4f86\u91cf\u5ea6\u5e02\u5834\u5c0d\u672a\u4f86\u80a1\u5e02\u6ce2\u52d5\u7684\u9810\u671f\uff09\u5f98\u5f8a\u572814\u9644\u8fd1\uff0c\u4ee3\u8868\u5e02\u5834\u60c5\u7dd2\u504f\u5e73\u975c\uff0c\u82e5\u8ac7\u5224\u53d7\u632b\uff0c\u9019\u7a2e\u5e73\u975c\u672a\u5fc5\u80fd\u7dad\u6301\u3002<\/p>\n<p>\u82e5\u5354\u8b70\u4ee4\u6bcf\u65e5\u903e100\u842c\u6876\u4f0a\u6717\u539f\u6cb9\u53ef\u91cd\u8fd4\u6b63\u5f0f\u5e02\u5834\uff08\u5373\u53d7\u76e3\u7ba1\u3001\u53ef\u5728\u4e3b\u6d41\u6e20\u9053\u4ea4\u6613\u7684\u4f9b\u61c9\uff09\uff0c\u5c07\u5c0dWTI\u539f\u6cb9\uff08\u7f8e\u570b\u897f\u5fb7\u5dde\u4e2d\u8cea\u539f\u6cb9\uff0c\u5e38\u7528\u4f5c\u6cb9\u50f9\u57fa\u6e96\uff09\u69cb\u6210\u660e\u986f\u4e0b\u884c\u58d3\u529b\uff0c\u73fe\u50f9\u7d04\u6bcf\u687678\u7f8e\u5143\u3002\u9019\u610f\u5473\u4ea4\u6613\u54e1\u53ef\u8003\u616e\u8cb7\u5165\u539f\u6cb9\u671f\u8ca8\u7684\u8a8d\u6cbd\u671f\u6b0a\uff08put option\uff1a\u5728\u5230\u671f\u524d\u4ee5\u6307\u5b9a\u50f9\u683c\u8ce3\u51fa\u8cc7\u7522\u7684\u6b0a\u5229\uff0c\u7528\u4f5c\u62bc\u6ce8\u4e0b\u8dcc\u6216\u5c0d\u6c96\u4e0b\u8dcc\u98a8\u96aa\uff09\uff0c\u82e5\u5916\u4ea4\u51fa\u73fe\u7a81\u7834\uff0c\u6cb9\u50f9\u6216\u56de\u843d\u81f370\u7f8e\u5143\u51fa\u982d\u3002\u5e02\u5834\u5c1a\u672a\u5b8c\u5168\u53cd\u6620\u6210\u529f\u9054\u6210\u5354\u8b70\u7684\u8f03\u9ad8\u6982\u7387\u3002<\/p>\n<h3>\u80a1\u5e02\u8207\u6ce2\u52d5\u5c0d\u6c96<\/h3>\n<p>\u5916\u4ea4\u9032\u5c55\u5e36\u4f86\u7684\u98a8\u96aa\u504f\u597d\u4ecd\u652f\u6301\u80a1\u5e02\uff0c\u6a19\u666e500\u6307\u6578\u7dad\u6301\u5728\u591a\u5e74\u9ad8\u4f4d\u9644\u8fd1\u3002\u82e5\u8ac7\u5224\u7e8c\u6709\u5229\u597d\u6d88\u606f\uff0c\u6307\u6578\u6216\u518d\u5411\u4e0a\uff0c\u672a\u4f86\u6578\u5468\u8cb7\u5165\u8ffd\u8e64\u5927\u5e02\u7684ETF\u8a8d\u8cfc\u671f\u6b0a\uff08call option\uff1a\u5728\u5230\u671f\u524d\u4ee5\u6307\u5b9a\u50f9\u683c\u8cb7\u5165\u8cc7\u7522\u7684\u6b0a\u5229\uff0c\u7528\u4f5c\u62bc\u6ce8\u4e0a\u5347\uff09\u6216\u5177\u5438\u5f15\u529b\u3002\u4f46\u6b64\u985e\u90e8\u7f72\u98a8\u96aa\u4e0d\u4f4e\uff0c\u4e00\u65e6\u8ac7\u5224\u7834\u88c2\uff0c\u5e02\u5834\u6216\u6025\u901f\u9006\u8f49\u3002<\/p>\n<p>\u7531\u65bc\u5354\u8b70\u4e26\u975e\u5fc5\u7136\uff0c\u5c0d\u6c96\u8ca0\u9762\u7d50\u679c\u8f03\u70ba\u5be9\u614e\u3002\u300c\u591a\u5e74\u7f3a\u4e4f\u4e92\u4fe1\u300d\u610f\u5473\u4ecd\u6709\u76f8\u7576\u5931\u6557\u6a5f\u6703\u3002\u8cb7\u5165\u50f9\u5916\uff08out-of-the-money\uff1a\u884c\u4f7f\u50f9\u9ad8\u65bc\/\u4f4e\u65bc\u73fe\u50f9\u3001\u77ed\u671f\u5167\u8f03\u96e3\u7372\u5229\u56e0\u800c\u8f03\u4fbf\u5b9c\uff09VIX\u8a8d\u8cfc\u671f\u6b0a\uff0c\u53ef\u4f5c\u6709\u6548\u5c0d\u6c96\uff1b\u4e00\u65e6\u505c\u706b\u7834\u88c2\u3001\u8ecd\u4e8b\u7dca\u5f35\u518d\u5347\u6eab\uff0cVIX\u6216\u6025\u5347\uff0c\u8a72\u5c0d\u6c96\u5de5\u5177\u53ef\u63d0\u4f9b\u8f03\u5927\u4e0a\u884c\u7a7a\u9593\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u842c\u65af\u6307\u7f8e\u4f0a\u8ac7\u5224\u4ecd\u5728\u63a8\u9032\uff0c\u76fc\u6572\u5b9a\u66f4\u5ee3\u6cdb\u5354\u8b70\uff0c\u70ba\u4f0a\u6717\u878d\u5165\u5168\u7403\u79e9\u5e8f\u92ea\u8def\uff1b\u5e02\u5834\u95dc\u6ce8\u5236\u88c1\u8d70\u5411\u8207\u4e2d\u6771\u5c40\u52e2\u80fd\u5426\u964d\u6eab\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-44980","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\/wp-json\/wp\/v2\/posts\/44980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=44980"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/44980\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=44980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=44980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=44980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}