{"id":31884,"date":"2026-03-22T15:50:37","date_gmt":"2026-03-22T15:50:37","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e7%be%8e%e4%bb%a5%e4%b8%8e%e4%bc%8a%e6%9c%97%e6%88%98%e4%ba%8b%e8%bf%9b%e5%85%a5%e7%ac%ac%e5%9b%9b%e5%91%a8%ef%bc%8c%e7%89%b9%e6%9c%97%e6%99%ae%e5%90%91%e4%bc%8a%e6%9c%97%e4%b8%8b%e8%be%be48%e5%b0%8f\/"},"modified":"2026-03-22T15:50:37","modified_gmt":"2026-03-22T15:50:37","slug":"%e7%be%8e%e4%bb%a5%e4%b8%8e%e4%bc%8a%e6%9c%97%e6%88%98%e4%ba%8b%e8%bf%9b%e5%85%a5%e7%ac%ac%e5%9b%9b%e5%91%a8%ef%bc%8c%e7%89%b9%e6%9c%97%e6%99%ae%e5%90%91%e4%bc%8a%e6%9c%97%e4%b8%8b%e8%be%be48%e5%b0%8f","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e7%be%8e%e4%bb%a5%e4%b8%8e%e4%bc%8a%e6%9c%97%e6%88%98%e4%ba%8b%e8%bf%9b%e5%85%a5%e7%ac%ac%e5%9b%9b%e5%91%a8%ef%bc%8c%e7%89%b9%e6%9c%97%e6%99%ae%e5%90%91%e4%bc%8a%e6%9c%97%e4%b8%8b%e8%be%be48%e5%b0%8f\/","title":{"rendered":"\u7f8e\u4ee5\u4e0e\u4f0a\u6717\u6218\u4e8b\u8fdb\u5165\u7b2c\u56db\u5468\uff0c\u7279\u6717\u666e\u5411\u4f0a\u6717\u4e0b\u8fbe48\u5c0f\u65f6\u970d\u5c14\u6728\u5179\u6700\u540e\u901a\u7252"},"content":{"rendered":"\u7f8e\u56fd\u3001\u4ee5\u8272\u5217\u548c\u4f0a\u6717\u4e4b\u95f4\u7684\u6218\u4e89\u5df2\u8fdb\u5165\u7b2c\u56db\u5468\u3002\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u5468\u516d\u8868\u793a\uff0c\u5982\u679c\u4f0a\u6717\u572848\u5c0f\u65f6\u5185\u4e0d\u5f00\u653e\u970d\u5c14\u6728\u5179\u6d77\u5ce1\uff08\u8fde\u63a5\u6ce2\u65af\u6e7e\u4e0e\u963f\u66fc\u6e7e\u7684\u5173\u952e\u6d77\u4e0a\u901a\u9053\uff09\uff0c\u7f8e\u56fd\u5c06\u201c\u6467\u6bc1\u201d\u4f0a\u6717\u7684\u53d1\u7535\u5382\uff08\u53d1\u7535\u8bbe\u65bd\uff09\uff0c\u5e76\u4ece\u6700\u5927\u7684\u4e00\u5ea7\u5f00\u59cb\u3002  \n\n\u4f0a\u6717\u8868\u793a\uff0c\u82e5\u7f8e\u56fd\u653b\u51fb\u5176\u53d1\u7535\u5382\uff0c\u5c06\u62a5\u590d\u6027\u6253\u51fb\u4e2d\u4e1c\u4e0e\u7f8e\u56fd\u6709\u5173\u8054\u7684\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\uff08\u5982\u6cb9\u6c14\u7530\u3001\u7ba1\u9053\u3001\u7801\u5934\u3001\u50a8\u5b58\u8bbe\u65bd\uff09\u3002\u5468\u65e5\uff0c\u4f0a\u6717\u9769\u547d\u536b\u961f\u79f0\uff0c\u82e5\u7f8e\u56fd\u843d\u5b9e\u5bf9\u4f0a\u6717\u80fd\u6e90\u8bbe\u65bd\u7684\u5a01\u80c1\uff0c\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u5c06\u88ab\u5b8c\u5168\u5173\u95ed\uff0c\u5e76\u79f0\u201c\u542b\u6709\u7f8e\u56fd\u80a1\u4efd\u7684\u516c\u53f8\u201d\uff08\u7f8e\u56fd\u6295\u8d44\u8005\u6301\u80a1\u7684\u4f01\u4e1a\uff09\u5c06\u201c\u88ab\u5f7b\u5e95\u6467\u6bc1\u201d\u3002  \n\n<h3>\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u822a\u8fd0\u72b6\u6001<\/h3>  \n\u4f0a\u6717\u9a7b\u8054\u5408\u56fd\u6d77\u4e8b\u673a\u6784\u4ee3\u8868\u8868\u793a\uff0c\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u5bf9\u6240\u6709\u8239\u53ea\u4ecd\u7136\u5f00\u653e\uff0c\u4f46\u4e0e\u4f0a\u6717\u654c\u5bf9\u65b9\u6709\u5173\u8054\u7684\u8239\u53ea\u9664\u5916\u3002  \n\nG7\uff08\u4e03\u56fd\u96c6\u56e2\uff1a\u7f8e\u56fd\u3001\u82f1\u56fd\u3001\u6cd5\u56fd\u3001\u5fb7\u56fd\u3001\u610f\u5927\u5229\u3001\u65e5\u672c\u3001\u52a0\u62ff\u5927\uff09\u5916\u957f\u5468\u516d\u8868\u793a\uff0c\u5e0c\u671b\u4f0a\u6717\u201c\u7acb\u5373\u4e14\u65e0\u6761\u4ef6\u505c\u6b62\u4e00\u5207\u653b\u51fb\u201d\u3002\u4ed6\u4eec\u4e5f\u79f0\uff0cG7\u51c6\u5907\u91c7\u53d6\u63aa\u65bd\u652f\u6301\u5168\u7403\u80fd\u6e90\u4f9b\u5e94\u3002  \n\n\u4f0a\u6717\u5728\u51b2\u7a81\u4e2d\u9996\u6b21\u53d1\u5c04\u8fdc\u7a0b\u5bfc\u5f39\uff08\u5c04\u7a0b\u8f83\u8fdc\u3001\u53ef\u8de8\u533a\u57df\u6253\u51fb\u7684\u5bfc\u5f39\uff09\uff0c\u5e76\u51fb\u4e2d\u4ee5\u8272\u5217\u5357\u90e8\u8fea\u83ab\u7eb3\uff0c\u9760\u8fd1\u519b\u4e8b\u57fa\u5730\u4e0e\u5185\u76d6\u592b\u6838\u7814\u7a76\u4e2d\u5fc3\u3002\u56fd\u9645\u539f\u5b50\u80fd\u673a\u6784\uff08IAEA\uff0c\u8054\u5408\u56fd\u6838\u76d1\u7763\u673a\u6784\uff09\u8868\u793a\u672a\u53d1\u73b0\u6838\u8bbe\u65bd\u53d7\u635f\u8ff9\u8c61\uff1bBBC\u62a5\u9053\u903e160\u4eba\u53d7\u4f24\uff0c\u90e8\u5206\u4f24\u52bf\u4e25\u91cd\u3002  \n\n\u5e02\u573a\u773c\u524d\u7126\u70b9\u5728\u539f\u6cb9\uff0c\u56e0\u4e3a\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u662f\u201c\u74f6\u9888\u8981\u9053\u201d\uff08\u5173\u952e\u901a\u9053\u88ab\u963b\u65ad\u5c31\u4f1a\u5f71\u54cd\u6574\u4f53\u6d41\u901a\uff09\uff0c\u7ea6\u5360\u5168\u7403\u6bcf\u65e5\u77f3\u6cb9\u4f9b\u5e94\u768420%\u3002\u5e94\u9884\u671f\u5e02\u573a\u5927\u5e45\u6ce2\u52a8\uff08\u4ef7\u683c\u5feb\u901f\u5267\u70c8\u4e0a\u4e0b\uff09\uff0c\u8f83\u76f4\u63a5\u7684\u505a\u6cd5\u662f\u4e70\u5165\u5e03\u4f26\u7279\u4e0eWTI\u539f\u6cb9\u671f\u8d27\u7684\u770b\u6da8\u671f\u6743\uff08call\uff0c\u4ed8\u51fa\u6743\u5229\u91d1\u540e\u83b7\u5f97\u201c\u5728\u672a\u6765\u4ee5\u7279\u5b9a\u4ef7\u683c\u4e70\u5165\u201d\u7684\u6743\u5229\uff09\uff0c\u4ee5\u6355\u6349\u6f5c\u5728\u4f9b\u5e94\u4e2d\u65ad\u5e26\u6765\u7684\u4e0a\u6da8\u3002\u7531\u4e8e\u5e02\u573a\u6050\u614c\uff0c\u770b\u6da8\u671f\u6743\u4ef7\u683c\u4f1a\u5f88\u9ad8\uff0c\u5176\u539f\u56e0\u5728\u4e8e\u201c\u9690\u542b\u6ce2\u52a8\u7387\u201d\uff08implied volatility\uff1a\u5e02\u573a\u4ece\u671f\u6743\u4ef7\u683c\u63a8\u7b97\u7684\u672a\u6765\u6ce2\u52a8\u9884\u671f\uff09\u98d9\u5347\u3002  \n\n<h3>\u6ce2\u52a8\u4e0e\u5bf9\u51b2\u505a\u6cd5<\/h3>  \n\u7c7b\u4f3c\u8d70\u52bf\u8fc7\u53bb\u51fa\u73b0\u8fc7\uff0c\u6f5c\u5728\u6da8\u8dcc\u5e45\u4e0d\u5bb9\u5c0f\u89d1\u3002\u56de\u987e1990\u5e74\u6d77\u6e7e\u6218\u4e89\uff0c\u6cb9\u4ef7\u5728\u6570\u4e2a\u6708\u5185\u7ffb\u500d\uff1b2019\u5e74\u6c99\u7279\u8bbe\u65bd\u906d\u65e0\u4eba\u673a\u88ad\u51fb\uff0c\u4e5f\u66fe\u5bfc\u81f4\u6cb9\u4ef7\u5355\u65e5\u63a5\u8fd120%\u8df3\u6da8\u3002\u5f53\u524d\u7f8e\u4f0a\u53cc\u65b9\u63aa\u8f9e\u66f4\u5f3a\u786c\uff0c\u4ee3\u8868\u66f4\u4e25\u91cd\u7684\u4e2d\u65ad\u98ce\u9669\uff0c\u53ef\u80fd\u8d85\u8fc7\u8fd9\u4e9b\u5386\u53f2\u6848\u4f8b\u3002  \n\n\u9664\u4e86\u80fd\u6e90\uff0c\u4e5f\u8981\u5173\u6ce8CBOE\u6ce2\u52a8\u7387\u6307\u6570VIX\uff08\u5e02\u573a\u201c\u6050\u614c\u6307\u6570\u201d\uff0c\u901a\u5e38\u4ee5\u6807\u666e500\u671f\u6743\u63a8\u7b97\u6574\u4f53\u98ce\u9669\u60c5\u7eea\uff09\u3002\u9884\u8ba1VIX\u53ef\u80fd\u5347\u81f32020\u5e74\u75ab\u60c5\u80a1\u707e\u4ee5\u6765\u5c11\u89c1\u6c34\u5e73\uff0c\u6216\u4e0a\u783450\u81f360\u3002\u4ea4\u6613VIX\u671f\u8d27\uff08\u4ee5\u672a\u6765\u67d0\u65f6\u95f4\u7684VIX\u6c34\u5e73\u4e3a\u6807\u7684\u7684\u5408\u7ea6\uff09\u6216\u4e70\u5165VIX\u770b\u6da8\u671f\u6743\uff0c\u662f\u62bc\u6ce8\u5e02\u573a\u6050\u614c\u4e0e\u4e0d\u786e\u5b9a\u6027\u6301\u7eed\u7684\u65b9\u5f0f\u3002  \n\n\u5728\u6050\u614c\u5347\u6e29\u4e0b\uff0c\u5e94\u4ee5\u5bf9\u51b2\uff08hedging\uff1a\u7528\u76f8\u53cd\u65b9\u5411\u7684\u4ed3\u4f4d\u964d\u4f4e\u7ec4\u5408\u635f\u5931\uff09\u65b9\u5f0f\u4fdd\u62a4\u80a1\u7968\u7ec4\u5408\uff0c\u53ef\u901a\u8fc7\u4e70\u5165\u6307\u6570\u770b\u8dcc\u671f\u6743\uff08put\uff1a\u4ed8\u6743\u5229\u91d1\u6362\u53d6\u672a\u6765\u4ee5\u7279\u5b9a\u4ef7\u683c\u5356\u51fa\u4e4b\u6743\u5229\uff09\u3002\u4f8b\u5982\u4e70\u5165\u6807\u666e500\u6216\u7eb3\u6307100\u7684\u770b\u8dcc\u671f\u6743\uff0c\u53ef\u5728\u5927\u76d8\u4e0b\u8dcc\u65f6\u63d0\u4f9b\u4fdd\u62a4\uff1b\u82e5\u6cb9\u4ef7\u63a8\u9ad8\u901a\u80c0\u5e76\u5e26\u6765\u8870\u9000\u62c5\u5fe7\uff0c\u80a1\u5e02\u66f4\u6613\u51fa\u73b0\u629b\u552e\uff0c\u8fd9\u7c7b\u4ed3\u4f4d\u76f8\u5f53\u4e8e\u7ec4\u5408\u4fdd\u9669\u3002  \n\n\u4e0d\u540c\u677f\u5757\u5c06\u51fa\u73b0\u5206\u5316\uff0c\u5e26\u6765\u201c\u914d\u5bf9\u4ea4\u6613\u201d\uff08pairs trade\uff1a\u540c\u65f6\u505a\u591a\u8f83\u5f3a\u8d44\u4ea7\u3001\u505a\u7a7a\u8f83\u5f31\u8d44\u4ea7\uff0c\u4ee5\u964d\u4f4e\u6574\u4f53\u5e02\u573a\u65b9\u5411\u5f71\u54cd\uff09\u7684\u673a\u4f1a\u3002\u53ef\u8003\u8651\u4e70\u5165\u56fd\u9632\u627f\u5305\u5546\u4e0e\u5728\u6ce2\u65af\u6e7e\u4ee5\u5916\u8fd0\u8425\u7684\u822a\u8fd0\u516c\u53f8\u7684\u770b\u6da8\u671f\u6743\uff1b\u76f8\u5bf9\u5730\uff0c\u4e70\u5165\u822a\u7a7a\u516c\u53f8\u4e0e\u90ae\u8f6e\u516c\u53f8\u7684\u770b\u8dcc\u671f\u6743\u66f4\u5408\u7406\uff0c\u56e0\u4e3a\u9ad8\u6cb9\u4ef7\u4f1a\u63a8\u9ad8\u71c3\u6cb9\u6210\u672c\uff0c\u800c\u5730\u7f18\u98ce\u9669\u4e5f\u4f1a\u538b\u5236\u65c5\u8fd0\u9700\u6c42\u3002  \n\n\u9690\u542b\u6ce2\u52a8\u7387\u9ad8\u4f01\u4e5f\u8ba9\u201c\u5356\u65b9\u6536\u6743\u5229\u91d1\u201d\uff08premium selling\uff1a\u5356\u51fa\u671f\u6743\u6536\u53d6\u6743\u5229\u91d1\uff0c\u8d5a\u53d6\u65f6\u95f4\u4ef7\u503c\uff09\u7684\u6536\u76ca\u770b\u8d77\u6765\u5f88\u53ef\u89c2\u3002\u5356\u51fa\u79bb\u73b0\u4ef7\u5f88\u8fdc\u7684\u539f\u6cb9\u4e0e\u80a1\u6307\u770b\u8dcc\/\u770b\u6da8\u671f\u6743\uff08out-of-the-money\uff1a\u79bb\u6267\u884c\u4ef7\u8f83\u8fdc\u3001\u77ed\u671f\u5185\u4e0d\u6613\u89e6\u53d1\uff09\u53ef\u83b7\u5f97\u8f83\u9ad8\u6743\u5229\u91d1\uff1b\u4f46\u5fc5\u987b\u6e05\u695a\uff0c\u4e00\u65e6\u5c40\u52bf\u7a81\u7136\u5347\u7ea7\uff0c\u635f\u5931\u53ef\u80fd\u975e\u5e38\u5de8\u5927\uff0c\u56e0\u4e3a\u8be5\u7b56\u7565\u8d4c\u7684\u662f\u51b2\u7a81\u4e0d\u4f1a\u6bd4\u5e02\u573a\u5f53\u524d\u9884\u671f\u66f4\u6076\u5316\u3002\n<p>\r\n\r\n<p><strong>\u7acb\u5373\u5f00\u59cb\u4ea4\u6613 &#8211; \u70b9\u51fb<a href=\"https:\/\/www.vtmarketsmy.com\/cn\/trade-now\/\">\u8fd9\u91cc<\/a>\u521b\u5efa\u60a8\u7684 VT Markets \u771f\u5b9e\u8d26\u6237 <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u4f0a\u4ee5\u6218\u4e8b\u8fc8\u5165\u7b2c\u56db\u5468\uff0c\u7279\u6717\u666e\u965048\u5c0f\u65f6\u5f00\u653e\u970d\u5c14\u6728\u5179\uff0c\u5426\u5219\u6467\u6bc1\u4f0a\u6717\u7535\u5382\uff1b\u4f0a\u6717\u626c\u8a00\u5c01\u9501\u6d77\u5ce1\u5e76\u62a5\u590d\u80fd\u6e90\u8d44\u4ea7\u3002\u6cb9\u4ef7\/VIX\u6216\u98d9\u5347\uff0c\u671f\u6743\u5bf9\u51b2\u6210\u7126\u70b9\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-31884","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/31884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=31884"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/31884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=31884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=31884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=31884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}