{"id":50782,"date":"2026-06-26T19:32:11","date_gmt":"2026-06-26T19:32:11","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh\/uncategorized\/50782\/"},"modified":"2026-06-26T19:32:11","modified_gmt":"2026-06-26T19:32:11","slug":"%e7%be%8e%e5%9c%8b%e4%b8%80%e5%b9%b4%e6%9c%9f%e9%80%9a%e8%84%b9%e9%a0%90%e6%9c%9f%e7%b6%ad%e6%8c%814-6%ef%bc%8c%e6%b3%a2%e5%8b%95%e5%8f%97%e6%8e%a7%ef%bc%8c%e5%88%a9%e7%8e%87%e6%88%96%e3%80%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/50782\/","title":{"rendered":"\u7f8e\u570b\u4e00\u5e74\u671f\u901a\u8139\u9810\u671f\u7dad\u63014.6%\uff0c\u6ce2\u52d5\u53d7\u63a7\uff0c\u5229\u7387\u6216\u300c\u9ad8\u4f01\u66f4\u4e45\u300d"},"content":{"rendered":"

\u7f8e\u570b\u4e00\u5e74\u671f\u6d88\u8cbb\u8005\u901a\u8139\u9810\u671f6\u6708\u70ba4.6%\uff0c\u7b26\u5408\u5e02\u5834\u9810\u6e2c\u3002\u6578\u64da\u53cd\u6620\u77ed\u671f\u50f9\u683c\u9810\u671f\u8207\u5e02\u5834\u5171\u8b58\u4e00\u81f4\uff0c\u6574\u9ad4\u4fdd\u6301\u7a69\u5b9a\u3002<\/p>\n

\u57284.6%\u4f30\u7b97\u516c\u5e03\u4e4b\u969b\uff0c\u672a\u6709\u540c\u6642\u63d0\u4f9b\u984d\u5916\u5716\u8868\u6216\u65b9\u6cd5\u8ad6\u7d30\u7bc0\u3002\u56e0\u6b64\uff0c\u4eca\u6b21\u66f4\u65b0\u5c0d\u8a55\u4f30\u80cc\u5f8c\u9a45\u52d5\u56e0\u7d20\uff08\u5982\u80fd\u6e90\u6216\u98df\u54c1\u50f9\u683c\u9810\u671f\uff09\u6240\u63d0\u4f9b\u7684\u8cc7\u8a0a\u6709\u9650\uff0c\u4ea6\u96e3\u4ee5\u8207\u8f03\u9577\u5e74\u671f\u7684\u9810\u671f\u6307\u6a19\u4f5c\u76f4\u63a5\u6bd4\u8f03\u3002<\/p>\n

\u5f15\u4f38\u6ce2\u5e45\u8207\u671f\u6b0a\u7b56\u7565<\/h3>\n

\u6700\u65b0\u4e00\u5e74\u671f\u901a\u8139\u9810\u671f\u9304\u5f974.6%\uff0c\u8207\u9810\u6e2c\u5b8c\u5168\u4e00\u81f4\uff0c\u6d88\u9664\u5e02\u5834\u4e00\u9805\u4e3b\u8981\u4e0d\u78ba\u5b9a\u56e0\u7d20\u3002\u6211\u5011\u8a8d\u70ba\u9019\u7a2e\u300c\u7121\u9a5a\u559c\u300d\u7684\u7d50\u679c\uff0c\u5c07\u5728\u77ed\u671f\u5167\u58d3\u4f4e\u5f15\u4f38\u6ce2\u5e45\uff0c\u4ee4\u73fe\u968e\u6bb5\u6210\u70ba\u8003\u616e\u8ce3\u51fa\u671f\u6b0a\u91d1\uff08selling premium\uff09\u7684\u8f03\u4f73\u6642\u6a5f\u3002\u5728SPX\u7b49\u4e3b\u8981\u6307\u6578\u4e0a\u8ce3\u51fa\u77ed\u5e74\u671f\u5bec\u8de8\u5f0f\u7d44\u5408\uff08short-dated strangles\uff09\uff0c\u6216\u53ef\u6709\u6548\u628a\u63e1\u9810\u671f\u4e2d\u7684\u5e73\u7a69\u671f\u3002<\/p>\n

VIX\u76ee\u524d\u5728\u7d0414\u7684\u76f8\u5c0d\u4f4e\u4f4d\u5f98\u5f8a\uff0c\u53cd\u6620\u5e02\u5834\u5df2\u70ba\u4e00\u5b9a\u7a0b\u5ea6\u7684\u7a69\u5b9a\u6027\u4f5c\u51fa\u5b9a\u50f9\u3002\u6b64\u74b0\u5883\u652f\u6301\u6211\u5011\u7684\u8ce3\u51fa\u671f\u6b0a\u89c0\u9ede\uff1a\u671f\u6b0a\u91d1\u4ecd\u5177\u4e00\u5b9a\u5438\u5f15\u529b\uff0c\u4f46\u89f8\u767c\u5927\u5e45\u6ce2\u52d5\u4e0a\u5347\u7684\u50ac\u5316\u5291\u66ab\u6642\u88ab\u79fb\u9664\u3002\u9019\u82072023\u5e74\u82e5\u5e72\u6642\u6bb5\u7684\u60c5\u6cc1\u76f8\u8fd1\u2014\u2014\u7576\u95dc\u9375\u901a\u8139\u6578\u64da\u7b26\u5408\u9810\u671f\u5f8c\uff0c\u8ce3\u6ce2\u52d5\u7b56\u7565\u5f80\u5f80\u6301\u7e8c\u53d7\u60e0\u3002<\/p>\n

\u901a\u8139\u5c0d\u5229\u7387\u53ca\u677f\u584a\u90e8\u7f72\u7684\u5f71\u97ff<\/h3>\n

\u96d6\u71364.6%\u5c6c\u9810\u671f\u4e4b\u5167\uff0c\u4f46\u518d\u6b21\u63d0\u9192\u901a\u8139\u4ecd\u7136\u9ecf\u6027\u504f\u9ad8\uff0c\u4e26\u9060\u9ad8\u65bc\u806f\u5132\u5c402%\u7684\u76ee\u6a19\u3002\u9451\u65bc\u806f\u90a6\u57fa\u91d1\u5229\u7387\u5df2\u57285.50%\u81f35.75%\u5340\u9593\u7dad\u6301\u6578\u6708\uff0c\u8a72\u6578\u64da\u4e0d\u8db3\u4ee5\u4fc3\u4f7f\u6c7a\u7b56\u8005\u8003\u616e\u77ed\u671f\u5167\u6e1b\u606f\u3002\u6211\u5011\u56e0\u6b64\u5c0d\u5e02\u5834\u5b9a\u50f9\u300c\u5e74\u5e95\u524d\u6e1b\u606f\u300d\u7684\u9810\u671f\u6301\u5be9\u614e\u614b\u5ea6\uff0c\u4e26\u95dc\u6ce8SOFR\u671f\u8ca8\u671f\u6b0a\uff0c\u4ee5\u90e8\u7f72\u300c\u5229\u7387\u66f4\u9ad8\u3001\u7dad\u6301\u66f4\u4e45\u300d\uff08higher for longer\uff09\u7684\u60c5\u666f\u3002<\/p>\n

\u9019\u985e\u901a\u8139\u9810\u671f\u7684\u6301\u7e8c\u6027\uff0c\u6216\u6703\u7e7c\u7e8c\u70ba\u5c0d\u5229\u7387\u654f\u611f\u7684\u677f\u584a\uff08\u5982\u79d1\u6280\u80a1\u53ca\u589e\u9577\u80a1\uff09\u5e36\u4f86\u58d3\u529b\u3002\u6700\u65b0\u5c31\u696d\u5831\u544a\u986f\u793a\uff0c\u5de5\u8cc7\u589e\u9577\u4ecd\u4ee54.2%\u7684\u5e74\u7387\u904b\u884c\uff0c\u63a8\u5347\u901a\u8139\u6697\u6d41\uff0c\u4ea6\u652f\u6301\u806f\u5132\u5c40\u7dad\u6301\u8b39\u614e\u7acb\u5834\u3002\u6211\u5011\u56e0\u6b64\u8003\u616e\u5728\u79d1\u6280\u4e3b\u984cETF\u4e0a\u5efa\u7acb\u8a8d\u6cbd\u50f9\u5dee\uff08put spreads\uff09\uff0c\u4f5c\u70ba\u5c0d\u6c96\u5e02\u5834\u6700\u7d42\u5168\u9762\u53cd\u6620\u300c\u878d\u8cc7\u6210\u672c\u9577\u671f\u9ad8\u4f01\u300d\u73fe\u5be6\u7684\u98a8\u96aa\u3002<\/p>\n\n\n\n

\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\u7f8e\u570b\u4e00\u5e74\u671f\u901a\u8139\u9810\u671f6\u6708\u58314.6%\u7b26\u9810\u671f\uff0c\u300c\u7121\u9a5a\u559c\u300d\u6599\u58d3\u4f4e\u5f15\u4f38\u6ce2\u5e45\uff1bVIX\u7d0414\u5229\u597d\u8ce3\u671f\u6b0a\u91d1\u3002\u60df\u901a\u8139\u9ecf\u6027\u9ad8\uff0c\u6e1b\u606f\u61a7\u61ac\u964d\uff0c\u5b9c\u63a1higher-for-longer\u5c0d\u6c96\u79d1\u6280\u80a1\u3002<\/p>\n","protected":false},"author":87,"featured_media":50641,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t