{"id":14530,"date":"2026-05-01T15:36:27","date_gmt":"2026-05-01T07:36:27","guid":{"rendered":"https:\/\/slashtraders.com\/?p=14530"},"modified":"2026-05-01T18:14:34","modified_gmt":"2026-05-01T10:14:34","slug":"poor-mans-covered-call-stock-pick","status":"publish","type":"post","link":"https:\/\/slashtraders.com\/cn\/blog\/poor-mans-covered-call-stock-pick\/","title":{"rendered":"\u7a77\u4eba\u7248Covered Call\u9009\u80a1\u6307\u5357\uff1a\u7528\u66f4\u5c11\u8d44\u672c\u8d5a\u53d6\u671f\u6743\u6536\u76ca"},"content":{"rendered":"<p class=\"wp-block-paragraph\">\u5927\u591a\u6570\u6709\u5173Covered Call\u7684\u6559\u5b66\u90fd\u4f1a\u544a\u8bc9\u4f60\u540c\u4e00\u4ef6\u4e8b\uff1a\u6301\u6709100\u80a1\u4f18\u8d28\u80a1\uff0c\u5356\u51fa\u77ed\u671f\u4ef7\u5916Call\uff0c\u6bcf\u6708\u6536\u53d6\u6743\u5229\u91d1\u3002\u8fd9\u662f\u4e00\u4e2a\u51fa\u8272\u7684\u6536\u76ca\u7b56\u7565\u2014\u2014\u4f46\u5b83\u6709\u4e00\u4e2a\u4e25\u91cd\u7684\u95ee\u9898\uff1a\u6240\u9700\u8d44\u672c\u6781\u9ad8\u3002\u60f3\u8981\u5728\u4e00\u6863\u80a1\u4ef7250\u7f8e\u5143\u7684\u84dd\u7b79\u80a1\u4e0a\u6267\u884cCovered Call\uff0c\u4f60\u9700\u8981\u51c6\u5907\u81f3\u5c1125,000\u7f8e\u5143\u6765\u4e70\u90a3100\u80a1\uff0c\u8fd9\u5bf9\u8bb8\u591a\u4e2d\u5c0f\u578b\u8d26\u6237\u800c\u8a00\u662f\u4e00\u9053\u96be\u4ee5\u8de8\u8d8a\u7684\u95e8\u69db\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7a77\u4eba\u7248Covered Call\uff08Poor Man's Covered Call\uff0c\u7b80\u79f0PMCC\uff09\u4e3a\u8fd9\u4e2a\u95ee\u9898\u63d0\u4f9b\u4e86\u4e00\u4e2a\u4f18\u96c5\u7684\u89e3\u51b3\u65b9\u6848\uff1a\u7528\u6df1\u5ea6\u4ef7\u5185\u7684\u957f\u671fCall\u671f\u6743\u53d6\u4ee3\u6301\u6709100\u80a1\u3002\u4f60\u7684\u8d44\u672c\u9700\u6c42\u53ef\u4ee5\u51cf\u5c1140%\u81f370%\uff0c\u540c\u65f6\u4fdd\u7559\u51e0\u4e4e\u76f8\u540c\u7684\u5356Call\u6536\u76ca\u7ed3\u6784\uff0c\u8ba9\u4e2d\u5c0f\u578b\u8d26\u6237\u4e5f\u80fd\u4eab\u53d7\u6bcf\u6708\u6536\u53d6\u671f\u6743\u6743\u5229\u91d1\u7684\u4f18\u52bf\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e0d\u8fc7\uff0c\u548c\u6240\u6709\u671f\u6743\u7b56\u7565\u4e00\u6837\uff0cPMCC\u7684\u771f\u6b63\u6311\u6218\u4e0d\u5728\u4e8e\u673a\u5236\uff0c\u800c\u5728\u4e8e\u9009\u80a1\u3002\u4e70\u9519\u6807\u7684\uff0c\u4f60\u7684\u957f\u671fCall\u4f1a\u968f\u7740\u80a1\u4ef7\u4e0b\u8dcc\u5feb\u901f\u7f29\u6c34\uff1b\u9009\u5bf9\u6807\u7684\uff0c\u4f60\u5c31\u80fd\u5728\u8d44\u672c\u6548\u7387\u5927\u5e45\u63d0\u5347\u7684\u524d\u63d0\u4e0b\uff0c\u6301\u7eed\u7d2f\u79ef\u5356Call\u7684\u6536\u76ca\u3002\u672c\u6307\u5357\u5c06\u5e26\u4f60\u4e86\u89e3PMCC\u7684\u7ed3\u6784\u539f\u7406\uff0c\u5e76\u5206\u4eab\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u7cfb\u7edf\u5316\u7684\u9009\u80a1\u4e94\u6b65\u9aa4\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u81ea2022\u5e74\u4ee5\u6765\uff0c\u4e00\u76f4\u5728<a href=\"https:\/\/slashtraders.com\/cn\/performance\/\" target=\"_self\">\u4e00\u4e2a\u5b8c\u5168\u516c\u5f00\u900f\u660e\u7684250\u4e07\u7f8e\u5143\u6295\u8d44\u7ec4\u5408<\/a>\u4e0a\u6267\u884c\u4ee5\u6570\u5b66\u4e3a\u57fa\u7840\u7684\u671f\u6743\u6536\u76ca\u7cfb\u7edf\u2014\u2014\u6bcf\u4e00\u7b14\u4ea4\u6613\u516c\u5f00\u8bb0\u5f55\u3001\u6bcf\u4e00\u6b21\u4e8f\u635f\u6e05\u6670\u53ef\u89c1\u3001\u6bcf\u4e00\u9879\u56de\u62a5\u90fd\u7531API\u5b9e\u65f6\u9a8c\u8bc1\u3002\u672c\u6587\u5206\u4eab\u7684\u9009\u80a1\u6846\u67b6\u6b63\u662f\u6211\u4eec\u5b9e\u9645\u7528\u4e8e\u7ba1\u7406\u8fd9\u4e2a\u6295\u8d44\u7ec4\u5408\u7684\u65b9\u6cd5\u3002<\/p>\n\n\n<\/p>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ea4\u6613\u9435\u5140\u9df9\u548c\u52d2\u5f0f\u6709\u4ec0\u9ebc\u4e0d\u4e00\u6a23\">\u4ec0\u4e48\u662f\u7a77\u4eba\u7248Covered Call\uff08PMCC\uff09\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u4f20\u7edf<a href=\"https:\/\/slashtraders.com\/cn\/blog\/sell-covered-call\/\" target=\"_blank\" rel=\"noreferrer noopener\">Covered Call<\/a>\u9700\u8981\u4f60\u6301\u6709100\u80a1\u6807\u7684\u80a1\u7968\uff0c\u518d\u5356\u51fa\u4e00\u4e2a\u77ed\u671f\u4ef7\u5916Call\u3002\u7a77\u4eba\u7248Covered Call\u7528\u4e70\u5165\u4e00\u4e2a\u6df1\u5ea6\u4ef7\u5185\uff08Deep ITM\uff09\u7684\u957f\u671fCall\u671f\u6743\u53d6\u4ee3\u6301\u6709100\u80a1\uff0c\u4ee5\u6781\u9ad8\u7684Delta\uff080.80\u81f30.90\uff09\u6a21\u62df\u6301\u80a1\u7684\u8d70\u52bf\uff0c\u540c\u65f6\u5927\u5e45\u964d\u4f4e\u6240\u9700\u8d44\u672c\u3002\u4e24\u8005\u7684\u5356Call\u817f\u5b8c\u5168\u76f8\u540c\u2014\u2014\u5dee\u5f02\u53ea\u5728\u4e8e\u591a\u5934\u817f\u7684\u5f62\u5f0f\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ea4\u6613\u9435\u5140\u9df9\u548c\u52d2\u5f0f\u6709\u4ec0\u9ebc\u4e0d\u4e00\u6a23\">PMCC\u7684\u4e24\u817f\u7ed3\u6784<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">\u4e70\u817f\uff08Long Call\uff09\uff1a\u8d2d\u4e70\u4e00\u4e2a\u6df1\u5ea6\u4ef7\u5185\u7684\u957f\u671fCall\uff0cDelta\u7ea60.80\u81f30.90\uff0c\u5230\u671f\u65e5\u81f3\u5c1190\u81f3180\u5929\u540e\uff08\u5efa\u8bae\u4f7f\u7528<a href=\"https:\/\/slashtraders.com\/cn\/blog\/best-leaps-call-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">LEAPS<\/a>\uff0c\u8ddd\u5230\u671f180\u5929\u4ee5\u4e0a\uff09\uff0c\u4f5c\u4e3a\u53d6\u4ee3100\u80a1\u7684\u5408\u6210\u591a\u5934\u4ed3\u4f4d\u3002<\/li>\n\n\n\n<li>\u5356\u817f\uff08Short Call\uff09\uff1a\u5356\u51fa\u4e00\u4e2a\u77ed\u671f\u4ef7\u5916Call\uff0cDelta\u7ea60.20\u81f30.30\uff0c\u5230\u671f\u65e530\u81f345\u5929\u540e\uff0c\u7528\u6765\u6536\u53d6\u6bcf\u6708\u7684\u6743\u5229\u91d1\u6536\u5165\u2014\u2014\u4e0e\u666e\u901aCovered Call\u7684\u5356\u817f\u5b8c\u5168\u76f8\u540c\u3002<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc.png\" alt=\"aapl\u7a77\u4ebacc\" class=\"wp-image-14531\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/04\/aapl\u7a77\u4ebacc-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u4e70\u6df1\u5ea6\u4ef7\u5185\u7684\u957f\u671fCall\u7ed3\u5408\u5356\u77ed\u671f\u4ef7\u5916Call\u6210\u4e3a\u7a77\u4ebaCovered Call\u3002<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u4e0e\u4f20\u7edfCovered Call\u7684\u6838\u5fc3\u5dee\u5f02<\/h2>\n\n\n\n<table id=\"tablepress-72\" class=\"tablepress tablepress-id-72\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><th class=\"column-2\">Covered Call<\/th><th class=\"column-3\">\u7a77\u4eba\u7248Covered Call<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">\u8d44\u672c\u9700\u6c42<\/td><td class=\"column-2\">\u9ad8\uff08\u6301\u6709100\u80a1\uff09<\/td><td class=\"column-3\">\u4f4e\uff08Long Call\u4fdd\u8bc1\u91d1\uff09<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">\u8282\u7701\u8d44\u672c<\/td><td class=\"column-2\">-<\/td><td class=\"column-3\">\u7ea640%\u81f370%<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">\u6700\u5927\u98ce\u9669<\/td><td class=\"column-2\">\u6301\u80a1\u6210\u672c<\/td><td class=\"column-3\">Long Call\u7684\u6743\u5229\u91d1<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">\u591a\u5934Delta<\/td><td class=\"column-2\">\u7ea61.00<\/td><td class=\"column-3\">\u7ea60.80<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">\u88ab\u52a8\u6536\u5165<\/td><td class=\"column-2\">Short Call\u6536\u5165\u548c\u80a1\u606f<\/td><td class=\"column-3\">Short Call\u6536\u5165<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">\u65f6\u95f4\u4ef7\u503c\u635f\u8017<\/td><td class=\"column-2\">\u65e0<\/td><td class=\"column-3\">\u6709<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">\u6700\u9002\u8d26\u6237<\/td><td class=\"column-2\">\u5927\u8d44\u91d1\u8d26\u6237<\/td><td class=\"column-3\">\u4e2d\u5c0f\u578b\u8d26\u6237<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<p class=\"wp-block-paragraph translation-block\">PMCC\u6709\u4e00\u6761\u7edd\u5bf9\u4e0d\u53ef\u8fdd\u53cd\u7684\u89c4\u5219\uff1a\u5356\u51fa\u7684Short Call\u7684\u5c65\u7ea6\u4ef7\uff0c\u5fc5\u987b\u9ad8\u4e8e\u4f60\u6301\u6709\u7684Long Call\u5c65\u7ea6\u4ef7\u3002\u5982\u679cShort Call\u88ab\u6307\u6d3e\uff0c\u4f60\u5fc5\u987b\u80fd\u591f\u7528Long Call\u5c65\u884c\u4ea4\u5272\u4e49\u52a1\u3002\u4e00\u65e6Short Call\u7684\u5c65\u7ea6\u4ef7\u4f4e\u4e8eLong Call\u7684\u5c65\u7ea6\u4ef7\uff0c\u6574\u4e2a\u7ec4\u5408\u5c31\u4f1a\u5f62\u6210<a href=\"https:\/\/slashtraders.com\/cn\/blog\/naked-call\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u88f8Call\u5e76\u66b4\u9732\u5728\u65e0\u9650\u98ce\u9669<\/a>\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u4e3a\u4ec0\u4e48\u9009\u80a1\u5bf9PMCC\u6bd4Covered Call\u66f4\u91cd\u8981<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u6267\u884c\u4f20\u7edfCovered Call\u65f6\uff0c\u5373\u4f7f\u80a1\u4ef7\u6301\u7eed\u4e0b\u8dcc\uff0c\u4f60\u4ecd\u7136\u6301\u6709\u80a1\u7968\uff0c\u53ef\u4ee5\u7ee7\u7eed\u5356Call\u7b49\u5f85\u56de\u5347\uff0c\u635f\u5931\u662f\u8d26\u9762\u7684\u6d6e\u52a8\u4e8f\u635f\u3002\u6267\u884cPMCC\u65f6\u60c5\u51b5\u622a\u7136\u4e0d\u540c\uff1a\u5982\u679c\u6807\u7684\u80a1\u7968\u6301\u7eed\u4e0b\u8dcc\uff0c\u4f60\u7684Long Call\u7684\u65f6\u95f4\u4ef7\u503c\u548c<a href=\"https:\/\/slashtraders.com\/cn\/blog\/options-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5185\u5728\u4ef7\u503c<\/a>\u4f1a\u540c\u6b65\u840e\u7f29\uff0cDelta\u4e5f\u4f1a\u968f\u7740\u80a1\u4ef7\u8fdc\u79bb\u884c\u6743\u4ef7\u800c\u5feb\u901f\u4e0b\u964d\u3002Long Call\u7684\u635f\u8017\u901f\u5ea6\u53ef\u4ee5\u6bd4\u6301\u80a1\u5feb\u5f97\u591a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u8fd9\u610f\u5473\u7740PMCC\u5728\u672c\u8d28\u4e0a\u662f\u4e00\u4e2a\u5bf9\u65b9\u5411\u6027\u6709\u66f4\u9ad8\u8981\u6c42\u7684\u7b56\u7565\u2014\u2014\u4f60\u9700\u8981\u80a1\u7968\u81f3\u5c11\u4fdd\u6301\u6a2a\u76d8\uff0c\u6700\u7406\u60f3\u662f\u7f13\u6162\u7a33\u5b9a\u5730\u4e0a\u6da8\u3002\u9009\u5230\u4e00\u652f\u6301\u7eed\u4e0b\u8dcc\u7684\u80a1\u7968\uff0cPMCC\u7684Long Call\u5c31\u4f1a\u6210\u4e3a\u4f60\u7684\u8d1f\u62c5\uff1b\u9009\u5230\u4e00\u652f<a href=\"https:\/\/slashtraders.com\/cn\/blog\/best-value-investing-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u57fa\u672c\u9762\u88ab\u4f4e\u4f30\u3001\u6709\u671b\u56de\u5f52\u5408\u7406\u4ef7\u503c\u7684\u7ee9\u4f18\u80a1<\/a>\uff0cPMCC\u53ef\u4ee5\u8ba9\u4f60\u4ee5\u66f4\u5c11\u7684\u8d44\u672c\u83b7\u53d6\u76f8\u540c\u7684\u6536\u76ca\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u6700\u9002\u5408\u7684\u80a1\u7968\u7279\u5f81<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u57fa\u672c\u9762\u7a33\u5065\uff1a\u6709\u7a33\u5b9a\u7684\u76c8\u5229\u8bb0\u5f55\u3001\u5065\u5eb7\u7684\u8d44\u4ea7\u8d1f\u503a\u8868\u3001\u6e05\u6670\u53ef\u6301\u7eed\u7684\u5546\u4e1a\u6a21\u5f0f\uff0c\u516c\u53f8\u4e0d\u592a\u53ef\u80fd\u5728\u4f60\u7684Long Call\u5230\u671f\u524d\u57fa\u672c\u9762\u5927\u5e45\u6076\u5316\u3002<\/li>\n\n\n\n<li>\u76ee\u524d\u88ab\u4f4e\u4f30\uff1a\u80a1\u7968\u73b0\u4ef7\u4f4e\u4e8e\u57fa\u672c\u9762\u8ba1\u7b97\u7684\u516c\u5141\u4ef7\u503c\uff0c\u5b89\u5168\u8fb9\u9645\uff08Upside\uff09\u8fbe10%\u4ee5\u4e0a\uff0c\u786e\u4fdd\u5373\u4f7f\u5728\u6700\u574f\u60c5\u51b5\u4e0b\u88ab\u6307\u6d3e\uff0c\u4f60\u6301\u6709\u7684\u4ecd\u662f\u6709\u957f\u671f\u4e0a\u6da8\u6f5c\u529b\u7684\u80a1\u7968\uff0c\u800c\u975e\u9677\u5165\u7684\u662f\u4ef7\u503c\u9677\u9631\u3002<\/li>\n\n\n\n<li class=\"translation-block\">\u4e2d\u5ea6\u9690\u542b\u6ce2\u52a8\u7387\uff08IV Rank 30\u81f360\uff09\uff1a\u9690\u542b\u6ce2\u52a8\u7387\u8fc7\u9ad8\uff08IV Rank 70\u4ee5\u4e0a\uff09\u4f1a\u4f7f\u4f60\u7684Long Call\u6210\u672c\u8fc7\u9ad8\uff0c\u4e14\u901a\u5e38\u9884\u793a\u7740\u771f\u6b63\u7684\u5371\u673a\uff1b\u9690\u542b\u6ce2\u52a8\u7387\u504f\u4f4e\uff08IV Rank 20\u4ee5\u4e0b\uff09\u5219\u8ba9Short Call\u7684\u6536\u76ca\u5fae\u8584\u3002<a href=\"https:\/\/slashtraders.com\/cn\/blog\/iv-rank-vs-iv-percentile\/\" target=\"_blank\" rel=\"noreferrer noopener\">IV Rank<\/a>\u4ecb\u4e8e30\u81f360\u7684\u8303\u56f4\u662fPMCC\u7684\u751c\u871c\u533a\u95f4\u3002<\/li>\n\n\n\n<li>\u80a1\u4ef7\u4fdd\u6301\u6a2a\u76d8\u6216\u7f13\u6162\u4e0a\u5347\u8d8b\u52bf\uff1aPMCC\u4e0d\u9002\u5408\u5904\u4e8e\u660e\u786e\u4e0b\u8dcc\u8d8b\u52bf\u7684\u80a1\u7968\u3002\u7406\u60f3\u6807\u7684\u662f\u5728\u5408\u7406\u652f\u6491\u4f4d\u9644\u8fd1\u76d8\u6574\uff0c\u6216\u6b63\u5728\u4ece\u8d85\u5356\u533a\u57df\u7f13\u6162\u590d\u82cf\u7684\u80a1\u7968\u3002<\/li>\n\n\n\n<li>\u5e02\u503c\u8d85\u8fc7100\u4ebf\u7f8e\u5143\uff1a\u5927\u578b\u84dd\u7b79\u80a1\u7684\u671f\u6743\u5e02\u573a\u6d41\u52a8\u6027\u66f4\u597d\uff0c\u4e70\u5356\u4ef7\u5dee\uff08Bid-Ask Spread\uff09\u66f4\u7a84\uff0c\u8fdb\u51fa\u573a\u7684\u6ed1\u70b9\u635f\u5931\u66f4\u5c0f\uff0c\u7279\u522b\u662f\u5bf9\u4e8eLong Call\u8fd9\u7c7b\u9700\u8981\u6301\u6709\u8f83\u957f\u65f6\u95f4\u7684\u671f\u6743\u5408\u7ea6\u800c\u8a00\u81f3\u5173\u91cd\u8981\u3002<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><a href=\"https:\/\/slashtraders.com\/cn\/pricing\/?utm_source=blog&amp;utm_medium=banner\"><img decoding=\"async\" width=\"1024\" height=\"126\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd.png\" alt=\"\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd\" class=\"wp-image-9717\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd-300x37.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd-1024x126.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd-768x95.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/\u90e8\u843d\u683c\u4f53\u9a8c\u4ecb\u7ecd-18x2.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u7684PMCC\u9009\u80a1\u4e94\u6b65\u9aa4<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f7f\u7528\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u7684\u9009\u80a1\u795e\u5668\uff0c\u4ece\u7b5b\u9009\u5230\u5b8c\u6210\u4e00\u4e2a\u5b8c\u6574\u7684PMCC\u8bbe\u7f6e\uff0c\u53ea\u9700\u7ea610\u5206\u949f\u3002\u4ee5\u4e0b\u662f\u6211\u4eec\u7cfb\u7edf\u5316\u7684\u9009\u80a1\u548c\u8fdb\u573a\u6d41\u7a0b\uff1a<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u7b2c\u4e00\u6b65\u2014\u2014\u4ece\u4ef7\u503c\u7f8e\u80a1\u6e05\u5355\u7b5b\u9009\u88ab\u4f4e\u4f30\u7684\u7ee9\u4f18\u80a1<\/h3>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u6253\u5f00<a href=\"https:\/\/slashtraders.com\/cn\/tools\/best-value-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4ef7\u503c\u7f8e\u80a1\u6e05\u5355<\/a>\uff0c\u6309Upside\uff08\u4e0a\u6da8\u7a7a\u95f4\uff09\u7531\u9ad8\u81f3\u4f4e\u6392\u5e8f\u3002\u6211\u4eec\u7684\u7b97\u6cd5\u4f7f\u7528\u6807\u51c6\u5316\u76c8\u5229\u3001\u884c\u4e1a\u8c03\u6574\u540e\u7684\u5e02\u76c8\u7387\u500d\u6570\u548c\u9884\u671f\u6210\u957f\u7387\u81ea\u52a8\u8ba1\u7b97\u516c\u5141\u4ef7\u503cFair Value\uff0c\u6bcf\u65e5\u66f4\u65b0\u3002\u7b5b\u9009\u7b26\u5408\u4ee5\u4e0b\u6761\u4ef6\u7684\u6807\u7684\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">Upside\u8fbe10%\u4ee5\u4e0a\u2014\u2014\u786e\u4fdd\u516c\u5141\u4ef7\u503c\u4e0e\u73b0\u4ef7\u4e4b\u95f4\u6709\u8db3\u591f\u7684<a href=\"https:\/\/slashtraders.com\/cn\/blog\/margin-of-safety-formula\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5b89\u5168\u7f13\u51b2<\/a>\uff0c\u5373\u4f7f\u80a1\u4ef7\u5728\u4f60\u7684Long Call\u5b58\u7eed\u671f\u95f4\u51fa\u73b0\u77ed\u6682\u4e0b\u8dcc\uff0c\u57fa\u672c\u9762\u652f\u6491\u4ecd\u7136\u5145\u8db3\u3002<\/li>\n\n\n\n<li>\u5e02\u503c\u8d85\u8fc7100\u4ebf\u7f8e\u5143\u2014\u2014\u826f\u597d\u7684\u671f\u6743\u6d41\u52a8\u6027\uff0c\u786e\u4fddLong Call\u548cShort Call\u7684\u4e70\u5356\u4ef7\u5dee\u4e0d\u4f1a\u4fb5\u8680\u5927\u91cf\u6536\u76ca\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u7b2c\u4e8c\u6b65\u2014\u2014\u786e\u8ba4\u9690\u542b\u6ce2\u52a8\u7387\u5904\u4e8e\u5408\u7406\u8303\u56f4<\/h3>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u4f7f\u7528<a href=\"https:\/\/slashtraders.com\/cn\/tools\/options-scanner\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u671f\u6743\u5206\u6790\u5de5\u5177<\/a>\u786e\u8ba4\u6807\u7684\u80a1\u7968\u7684IV Rank\u3002\u5bf9\u4e8ePMCC\uff0cIV Rank\u4ecb\u4e8e30\u81f360\u4e4b\u95f4\u662f\u6700\u7406\u60f3\u7684\u8fdb\u573a\u7a97\u53e3\uff1a\u6b64\u65f6\u7684Short Call\u53ef\u4ee5\u5e26\u6765\u5408\u7406\u7684\u6536\u76ca\uff0c\u800cLong Call\u7684\u4e70\u5165\u6210\u672c\u4e5f\u4e0d\u4f1a\u56e0\u9690\u542b\u6ce2\u52a8\u7387\u8fc7\u9ad8\u800c\u81a8\u80c0\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u5f53IV Rank\u8d85\u8fc770\u65f6\uff0c\u901a\u5e38\u9884\u793a\u7740\u80a1\u7968\u9762\u4e34\u91cd\u5927\u4e0d\u786e\u5b9a\u6027\uff0c\u4f8b\u5982\u5373\u5c06\u516c\u5e03\u7684\u8d22\u62a5\u3001\u76d1\u7ba1\u5371\u673a\u6216\u884c\u4e1a\u5927\u5e45\u4e0b\u6ed1\u3002\u5728\u8fd9\u7c7b<a href=\"https:\/\/slashtraders.com\/cn\/tools\/high-implied-volatility-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u9ad8\u6ce2\u52a8\u73af\u5883<\/a>\u4e0b\uff0c\u867d\u7136Short Call\u7684\u6536\u76ca\u66f4\u4e30\u539a\uff0c\u4f46Long Call\u7684\u6210\u672c\u4e5f\u5927\u5e45\u4e0a\u5347\uff0c\u6574\u4f53\u98ce\u9669\u62a5\u916c\u6bd4\u5e76\u4e0d\u7406\u60f3\u2014\u2014\u6b64\u65f6\u6700\u597d\u6682\u7f13\u8fdb\u573a\uff0c\u7b49\u5f85IV\u964d\u6e29\u540e\u518d\u91cd\u65b0\u8bc4\u4f30\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u7b2c\u4e09\u6b65\u2014\u2014\u786e\u8ba4\u6280\u672f\u9762\u652f\u6491<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u826f\u597d\u7684PMCC\u6807\u7684\u4e0d\u9700\u8981\u662f\u5f3a\u52bf\u4e0a\u6da8\u7684\u80a1\u7968\uff0c\u4f46\u5fc5\u987b\u907f\u5f00\u5904\u4e8e\u660e\u786e\u4e0b\u8dcc\u8d8b\u52bf\u7684\u4e2a\u80a1\u3002\u4f7f\u7528\u6280\u672f\u5206\u6790\u5de5\u5177\u786e\u8ba4\u4ee5\u4e0b\u4fe1\u53f7\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">\u8fd1\u671f\u51fa\u73b0\u6280\u672f\u4e0a\u5347\u4fe1\u53f7\uff08\u4f8b\u5982\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u6280\u672f<a href=\"https:\/\/slashtraders.com\/cn\/tools\/bull-put-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5206\u6790\u5de5\u5177\u4e2d\u7684\u770b\u6da8\u4fe1\u53f7<\/a>\uff09\uff0c\u8868\u660e\u5e02\u573a\u5bf9\u8be5\u80a1\u7968\u6709\u4e00\u5b9a\u7684\u77ed\u671f\u79ef\u6781\u60c5\u7eea\u3002<\/li>\n\n\n\n<li>\u907f\u5f00\u521a\u8dcc\u7834\u91cd\u8981\u652f\u6491\u4f4d\u5e76\u4e14\u6210\u4ea4\u91cf\u653e\u5927\u7684\u4e2a\u80a1\u2014\u2014\u8fd9\u7c7b\u6280\u672f\u9762\u5d29\u6e83\u901a\u5e38\u4f34\u968f\u7740\u57fa\u672c\u9762\u7684\u91cd\u65b0\u8bc4\u4f30\uff0c\u662f\u9000\u51faPMCC\u8003\u8651\u3001\u800c\u975e\u8fdb\u573a\u7684\u4fe1\u53f7\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u7528\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u9009\u80a1\u795e\u5668\u6311\u9009\u51fa\u6765\u6700\u4f73\u7684PMCC\u673a\u4f1a\u662f\uff1a<\/p>\n\n\n\n<table id=\"tablepress-73\" class=\"tablepress tablepress-id-73\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Symbol<\/th><th class=\"column-2\">Last<\/th><th class=\"column-3\">Fair Value<\/th><th class=\"column-4\">Upside<\/th><th class=\"column-5\">IV Rank<\/th><th class=\"column-6\">Dividend Yield<\/th><th class=\"column-7\">Long Signal Days<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">EW<\/td><td class=\"column-2\">$83.60<\/td><td class=\"column-3\">$100<\/td><td class=\"column-4\">19.62%<\/td><td class=\"column-5\">47.4<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">59<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">DGX<\/td><td class=\"column-2\">$195.00<\/td><td class=\"column-3\">$220<\/td><td class=\"column-4\">12.82%<\/td><td class=\"column-5\">56.0<\/td><td class=\"column-6\">1.75%<\/td><td class=\"column-7\">8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u7b2c\u56db\u6b65\u2014\u2014\u8bbe\u8ba1Long Call\u817f\u7684\u53c2\u6570<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e70\u5165Long Call\u65f6\uff0c\u9700\u8981\u5728Delta\u3001\u5230\u671f\u65f6\u95f4\u548c\u6210\u672c\u4e4b\u95f4\u627e\u5230\u6700\u4f73\u5e73\u8861\u70b9\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Delta\u76ee\u68070.80\u81f30.90\uff1a\u786e\u4fddLong Call\u7684\u8d70\u52bf\u7d27\u5bc6\u8ffd\u8e2a\u6807\u7684\u80a1\u7968\u7684\u4ef7\u683c\u53d8\u5316\u3002Delta\u8fc7\u4f4e\uff08\u4f8b\u59820.60\u81f30.70\uff09\u4f1a\u8ba9\u4f60\u7684Long Call\u5728\u80a1\u7968\u4e0a\u6da8\u65f6\u8868\u73b0\u4e0d\u4f73\uff0c\u4e14\u5728\u80a1\u7968\u4e0b\u8dcc\u65f6\u635f\u8017\u66f4\u5feb\u3002<\/li>\n\n\n\n<li>\u5230\u671f\u65f6\u95f4\u81f3\u5c1190\u81f3180\u5929\uff08\u5efa\u8baeLEAPS\uff0c180\u5929\u4ee5\u4e0a\uff09\uff1a\u5230\u671f\u65f6\u95f4\u8d8a\u957f\uff0c\u6bcf\u4e2aShort Call\u5468\u671f\u8d5a\u53d6\u7684\u6536\u76ca\u5360Long Call\u603b\u6210\u672c\u7684\u6bd4\u4f8b\u8d8a\u9ad8\u3002\u81f3\u5c11\u9700\u8981\u4fdd\u6301Long Call\u7684\u5230\u671f\u65e5\u6bd4\u4f60\u8ba1\u5212\u5356\u51fa\u7684\u4efb\u4f55Short Call\u90fd\u8981\u665a\u81f3\u5c1160\u5929\u3002<\/li>\n\n\n\n<li>\u6210\u672c\u63a7\u5236\u76ee\u6807\uff1aLong Call\u7684\u8d2d\u4e70\u6210\u672c\u901a\u5e38\u4e3a\u6807\u7684\u80a1\u7968100\u80a1\u768430\u81f350%\uff0c\u8fd9\u6b63\u662fPMCC\u76f8\u6bd4\u4f20\u7edfCovered Call\u6700\u6838\u5fc3\u7684\u8d44\u672c\u6548\u7387\u4f18\u52bf\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">\u7b2c\u4e94\u6b65\u2014\u2014\u8bbe\u8ba1Short Call\u817f\u7684\u53c2\u6570\u5e76\u7ba1\u7406\u4ea4\u6613<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u5356\u51faShort Call\u65f6\uff0c\u4f7f\u7528\u4e0eCovered Call\u5b8c\u5168\u76f8\u540c\u7684\u6846\u67b6\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Delta\u76ee\u68070.20\u81f30.30\uff1a\u5bf9\u5e94\u9ad8\u4e8e\u5f53\u524d\u80a1\u4ef7\u7ea68\u81f315%\u7684\u884c\u6743\u4ef7\uff0c\u88ab\u884c\u6743\u673a\u7387\u7ea618\u81f320%\uff0c\u5728\u6536\u76ca\u4e0e\u5b89\u5168\u4e4b\u95f4\u8fbe\u5230\u6700\u4f73\u5e73\u8861\u3002<\/li>\n\n\n\n<li class=\"translation-block\">\u5230\u671f\u65f6\u95f430\u81f345\u5929\uff08DTE\uff09\uff1a<a href=\"https:\/\/slashtraders.com\/cn\/blog\/option-greeks\/\" target=\"_blank\" rel=\"noreferrer noopener\">Theta\u8870\u51cf\u6700\u5feb\u7684\u751c\u871c\u533a\u95f4<\/a>\uff0c\u8ba9\u4f60\u5728\u6bcf\u4e2a\u671f\u6743\u5468\u671f\u4e2d\u83b7\u5f97\u6700\u9ad8\u7684\u65f6\u95f4\u4ef7\u503c\u6536\u76ca\u3002<\/li>\n\n\n\n<li>\u91cd\u8981\u89c4\u5219\uff1a\u5356\u51fa\u7684Short Call\u7684\u884c\u6743\u4ef7\u5fc5\u987b\u59cb\u7ec8\u9ad8\u4e8e\u4f60\u6301\u6709\u7684Long Call\u7684\u884c\u6743\u4ef7\uff0c\u7ef4\u6301PMCC\u7684\u5b89\u5168\u7ed3\u6784\uff0c\u907f\u514d\u88f8Call\u98ce\u9669\u3002<\/li>\n\n\n\n<li class=\"translation-block\">\u7ba1\u7406Short Call\uff1a\u82e5\u80a1\u4ef7\u5728\u5230\u671f\u524d10\u81f314\u5929\u63a5\u8fd1Short Call\u884c\u6743\u4ef7\uff0c\u8003\u8651\u5c55\u671f\u81f3\u66f4\u665a\u7684\u5230\u671f\u65e5\u548c\u66f4\u9ad8\u7684\u884c\u6743\u4ef7\uff0c\u4ee5<a href=\"https:\/\/slashtraders.com\/cn\/blog\/roll-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5ef6\u7eedPMCC\u7ed3\u6784<\/a>\u5e76\u9501\u5b9a\u66f4\u591a\u6536\u76ca\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u5b9e\u9645\u6848\u4f8b<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">EW\u7684\u80a1\u4ef7\u4e3a83.6\u7f8e\u5143\uff0c\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4ef7\u503c\u6e05\u5355\u663e\u793a\u5176\u516c\u5141\u4ef7\u503cFair Value\u4e3a100\u7f8e\u5143\uff0cUpside\u4e3a19.62%\uff0cIV Rank\u4e3a47.4\uff0c\u7b26\u5408\u6211\u4eecPMCC\u4e94\u6b65\u9aa4\u7684\u6240\u6709\u8fdb\u573a\u6761\u4ef6\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc.png\" alt=\"ew\u7a77\u4ebacc\" class=\"wp-image-14545\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2026\/05\/ew\u7a77\u4ebacc-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">EW\u9002\u5408\u7a77\u4eba\u7248Covered Call\u3002<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Long Call\uff1a\u4ee53,280\u7f8e\u5143\u4e70\u5165Delta 0.85\u3001\u884c\u6743\u4ef755\u7f8e\u5143\u3001206\u5929\u540e\u5230\u671f\u7684Call\u671f\u6743\uff08\u76f8\u5f53\u4e8e\u6301\u6709100\u80a1EW\u768439%\uff09\u3002<\/li>\n\n\n\n<li>Short Call\uff1a\u5356\u51faDelta 0.20\u3001\u884c\u6743\u4ef792.5\u7f8e\u5143\u300151\u5929\u540e\u5230\u671f\u7684Call\u671f\u6743\uff0c\u6536\u53d6\u7ea675\u7f8e\u5143\u6743\u5229\u91d1\u3002<\/li>\n\n\n\n<li>\u8d44\u672c\u6548\u7387\uff1aLong Call\u6210\u672c3,280\u7f8e\u5143\uff0c\u76f8\u6bd4\u6301\u6709100\u80a1\u76848,347\u7f8e\u5143\uff08\u4ee583.47\u7f8e\u5143\u80a1\u4ef7\u8ba1\uff09\uff0c\u8282\u7701\u7ea65,000\u7f8e\u5143\uff0c\u4e14\u6700\u5927\u98ce\u9669\u4ec5\u9650\u4e8eLong Call\u7684\u5df2\u4ed8\u6743\u5229\u91d13,280\u7f8e\u5143\u3002<\/li>\n\n\n\n<li>\u5468\u671f\u6536\u76ca\uff1a\u82e5\u6bcf51\u5929\u5e73\u5747\u6536\u53d675\u7f8e\u5143\u7684Short Call\u6743\u5229\u91d1\uff0c\u5728206\u5929\uff08\u7ea64\u4e2a\u5468\u671f\uff09\u540e\uff0cLong Call\u7684\u6210\u672c\u53ef\u56de\u6536\u7ea6300\u7f8e\u5143\uff0c\u5927\u5e45\u964d\u4f4e\u6574\u4f53\u6301\u4ed3\u6210\u672c\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u7684\u98ce\u9669\u7ba1\u7406<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PMCC\u6700\u5927\u7684\u98ce\u9669\u662f\u6807\u7684\u80a1\u7968\u5927\u5e45\u4e0b\u8dcc\uff0c\u5bfc\u81f4Long Call\u7684\u5185\u5728\u4ef7\u503c\u548c\u65f6\u95f4\u4ef7\u503c\u540c\u6b65\u84b8\u53d1\u3002\u4ee5\u4e0b\u662f\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u7528\u4e8ePMCC\u7684\u4e09\u6761\u6838\u5fc3\u98ce\u9669\u7ba1\u7406\u89c4\u5219\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">\u91cd\u65b0\u8bc4\u4f30\u57fa\u672c\u9762\uff0c\u800c\u4e0d\u662f\u56fe\u8868\uff1a\u5f53\u80a1\u7968\u4e0b\u8dcc20%\u4ee5\u4e0a\u65f6\uff0c\u7528<a href=\"https:\/\/slashtraders.com\/cn\/blog\/fundamental-analysis-vs-technical-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u66f4\u65b0\u7684\u76c8\u5229\u9884\u6d4b\u91cd\u65b0\u8ba1\u7b97\u516c\u5141\u4ef7\u503c<\/a>Fair Value\u3002\u82e5\u80a1\u7968\u4ecd\u88ab\u5927\u5e45\u4f4e\u4f30\uff0c\u57fa\u672c\u9762\u8bba\u70b9\u4f9d\u7136\u6210\u7acb\uff0c\u53ef\u4ee5\u8003\u8651\u6301\u6709Long Call\u7b49\u5f85\u56de\u5347\uff0c\u5e76\u7ee7\u7eed\u5356Short Call\u644a\u5e73\u6210\u672c\u3002\u82e5\u4e1a\u52a1\u57fa\u672c\u9762\u6076\u5316\u2014\u2014\u76c8\u5229\u5927\u5e45\u4e0b\u4fee\u3001\u8d1f\u503a\u6fc0\u589e\u3001\u5546\u4e1a\u6a21\u5f0f\u53d7\u635f\u2014\u2014\u5e73\u4ed3\u5e76\u8ba4\u4e8f\uff0c\u8fd9\u662f\u7b56\u7565\u6027\u7684\u51b3\u5b9a\uff0c\u800c\u975e\u5931\u8d25\u3002<\/li>\n\n\n\n<li>20%\u6b62\u635f\u89c4\u5219\uff1a\u5f53Long Call\u7684\u5e02\u503c\u8dcc\u81f3\u539f\u59cb\u6210\u672c\u768420%\u4ee5\u4e0b\uff0c\u5e73\u4ed3\u6b62\u635f\u3002\u7ee7\u7eed\u6301\u6709\u4e00\u4e2a\u51e0\u4e4e\u5931\u53bb\u6240\u6709\u65f6\u95f4\u4ef7\u503c\u548cDelta\u7684Long Call\uff0c\u53ea\u4f1a\u8ba9\u4f60\u66b4\u9732\u5728\u66f4\u591a\u7684Theta\u635f\u8017\u4e2d\uff0c\u800c\u4e0d\u4f1a\u5e26\u6765\u66f4\u591a\u7684Short Call\u6536\u76ca\u3002<\/li>\n\n\n\n<li>\u4ed3\u4f4d\u63a7\u5236\uff1a\u6bcf\u4e2aPMCC\u4ed3\u4f4d\u4e0d\u8d85\u8fc7\u6295\u8d44\u7ec4\u5408\u76843\u81f35%\u3002\u5373\u4f7f\u4e00\u4e2a\u4ed3\u4f4d\u51fa\u73b0\u4e25\u91cd\u4e8f\u635f\uff0c\u5bf9\u6574\u4f53\u6295\u8d44\u7ec4\u5408\u7684\u51b2\u51fb\u4e5f\u5728\u53ef\u63a7\u8303\u56f4\u5185\u3002\u8fd9\u6761\u89c4\u5219\u770b\u4f3c\u7b80\u5355\uff0c\u5374\u662f\u957f\u671f\u6267\u884c\u671f\u6743\u6536\u76ca\u7b56\u7565\u6700\u91cd\u8981\u7684\u4fdd\u969c\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u9002\u5408\u54ea\u79cd\u6295\u8d44\u8005\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PMCC\u6700\u9002\u5408\u4e09\u7c7b\u6295\u8d44\u8005\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4e00\u3001\u5e0c\u671b\u6267\u884cCovered Call\u7b56\u7565\u4f46\u8d26\u6237\u8d44\u91d1\u4e0d\u8db3\u4ee5\u8d2d\u4e70100\u80a1\u7684\u6295\u8d44\u8005\uff1b<\/li>\n\n\n\n<li>\u4e8c\u3001\u5e0c\u671b\u5206\u6563\u8d26\u6237\u8d44\u91d1\u3001\u5728\u591a\u4e2a\u6807\u7684\u4e0a\u540c\u65f6\u6267\u884cCovered Call\u800c\u4e0d\u628a\u6240\u6709\u8d44\u91d1\u96c6\u4e2d\u5728\u5c11\u6570\u51e0\u652f\u80a1\u7968\u7684\u6295\u8d44\u8005\uff1b<\/li>\n\n\n\n<li>\u4e09\u3001\u5bf9\u671f\u6743\u7684\u57fa\u672c\u673a\u5236\u6709\u4e00\u5b9a\u4e86\u89e3\uff0c\u5e76\u4e14\u613f\u610f\u4e3b\u52a8\u7ba1\u7406\u4e24\u817f\u7ed3\u6784\uff08Long Call\u548cShort Call\u7684\u5230\u671f\u4e0e\u5c55\u671f\uff09\u7684\u6295\u8d44\u8005\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u4ec0\u9ebc\u6642\u5019\u8ce3\u9435\u5140\u9df9\u6700\u597d\">PMCC\u7684\u4e3b\u8981\u7f3a\u70b9\u662f\u4ec0\u4e48\uff1f<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u65f6\u95f4\u4ef7\u503c\u635f\u8017\uff1aLong Call\u672c\u8eab\u6709\u6301\u7eed\u7684Theta\u8870\u51cf\uff0c\u800c\u6301\u6709100\u80a1\u5b8c\u5168\u6ca1\u6709\u8fd9\u4e2a\u95ee\u9898\u3002\u8fd9\u610f\u5473\u7740\u5373\u4f7f\u5728\u80a1\u7968\u6a2a\u76d8\u4e0d\u52a8\u7684\u60c5\u51b5\u4e0b\uff0cLong Call\u7684\u4ef7\u503c\u4e5f\u4f1a\u968f\u7740\u65f6\u95f4\u7684\u6d41\u901d\u800c\u7f13\u6162\u4e0b\u964d\u3002\u8fd9\u6b63\u662f\u9009\u62e9\u5230\u671f\u65f6\u95f4\u8db3\u591f\u957f\uff08LEAPS\uff09\u5982\u6b64\u91cd\u8981\u7684\u539f\u56e0\u2014\u2014\u5b83\u8ba9\u4f60\u6709\u8db3\u591f\u7684\u65f6\u95f4\u901a\u8fc7Short Call\u7684\u6536\u76ca\u6765\u62b5\u6d88\u8fd9\u4e2a\u635f\u8017\u3002<\/li>\n\n\n\n<li>\u884c\u6743\u9650\u5236\u590d\u6742\u5ea6\uff1a\u5fc5\u987b\u786e\u4fddShort Call\u7684\u884c\u6743\u4ef7\u59cb\u7ec8\u9ad8\u4e8eLong Call\u7684\u884c\u6743\u4ef7\uff0c\u5728\u5c55\u671fShort Call\u65f6\u9700\u8981\u7279\u522b\u6ce8\u610f\uff0c\u907f\u514d\u4e0d\u5c0f\u5fc3\u5f62\u6210\u88f8Call\u98ce\u9669\u3002<\/li>\n\n\n\n<li>\u4e3b\u52a8\u7ba1\u7406\u9700\u6c42\u66f4\u9ad8\uff1a\u76f8\u6bd4\u76f4\u63a5\u5356Covered Call\uff0cPMCC\u9700\u8981\u6295\u8d44\u8005\u5b9a\u671f\u76d1\u63a7\u4e24\u817f\u7684\u72b6\u6001\uff0c\u5305\u62ecLong Call\u7684\u5269\u4f59\u65f6\u95f4\u4ef7\u503c\u3001Short Call\u7684Delta\u53d8\u5316\u4ee5\u53ca\u5c55\u671f\u65f6\u673a\u7684\u5224\u65ad\uff0c\u6574\u4f53\u64cd\u4f5c\u590d\u6742\u5ea6\u66f4\u9ad8\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u7a77\u4eba\u7248Covered Call\u662f\u4e00\u4e2a\u5f3a\u5927\u7684\u8d44\u672c\u6548\u7387\u5de5\u5177\uff0c\u8ba9\u4e2d\u5c0f\u578b\u8d26\u6237\u4e5f\u80fd\u4eab\u53d7Covered Call\u7684\u6536\u76ca\u4f18\u52bf\uff0c\u800c\u4e0d\u9700\u8981\u5c06\u5927\u91cf\u8d44\u91d1\u96c6\u4e2d\u5728\u5c11\u6570\u51e0\u652f\u80a1\u7968\u4e0a\u3002\u4f46\u5c31\u50cf\u6240\u6709\u671f\u6743\u7b56\u7565\u4e00\u6837\uff0c\u771f\u6b63\u7684\u4f18\u52bf\u4e0d\u5728\u4e8e\u673a\u5236\u672c\u8eab\uff0c\u800c\u5728\u4e8e\u7cfb\u7edf\u5316\u7684\u9009\u80a1\u8fc7\u7a0b\u2014\u2014\u786e\u4fdd\u4f60\u7684Long Call\u5e95\u5c42\u662f\u771f\u6b63\u6709\u57fa\u672c\u9762\u652f\u6491\u7684\u88ab\u4f4e\u4f30\u4f18\u8d28\u80a1\uff0c\u800c\u4e0d\u662f\u76f2\u76ee\u8ffd\u9010\u7684\u70ed\u95e8\u4e2a\u80a1\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u5982\u679c\u4f60\u60f3\u5f00\u59cb\u4f7f\u7528\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u7684\u5de5\u5177\u6267\u884cPMCC\u7b56\u7565\uff0c\u53ef\u4ee5\u4ece\u4ef7\u503c\u7f8e\u80a1\u6e05\u5355\u5f00\u59cb\uff0c\u627e\u5230\u4eca\u5929\u7b26\u5408\u6761\u4ef6\u7684PMCC\u5019\u9009\u6807\u7684\uff0c\u518d\u642d\u914d\u671f\u6743\u5206\u6790\u5de5\u5177\u786e\u8ba4\u8fdb\u573a\u65f6\u673a\u3002\u6bcf\u4e00\u7b14\u4ea4\u6613\u6211\u4eec\u90fd\u4f1a\u5728<a href=\"https:\/\/slashtraders.com\/cn\/performance\/positions\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u516c\u5f00\u900f\u660e\u7684\u6295\u8d44\u7ec4\u5408\u4e2d\u8bb0\u5f55<\/a>\uff0c\u8ba9\u4f60\u53ef\u4ee5\u968f\u65f6\u8ffd\u8e2a\u6211\u4eec\u7684\u771f\u5b9e\u4ea4\u6613\u8868\u73b0\u3002<\/p>\n\n\n\n<p class=\"has-ast-global-color-4-background-color has-background wp-block-paragraph\"><a href=\"https:\/\/slashtraders.com\/cn\/blog\/slashtraders-vs-sp500\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5f00\u7bb1\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u51fb\u8d25\u6807\u666e500\u6307\u6570450%\u7684\u5b8c\u6574\u4ea4\u6613\u7b56\u7565<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u7a77\u4eba\u7248Covered Call\u8ba9\u4f60\u7528\u4e0d\u5230\u4e00\u534a\u7684\u8d44\u672c\u6267\u884cCovered Call\u7b56\u7565\u3002\u672c\u6307\u5357\u6559\u4f60\u5982\u4f55\u7528\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u9009\u80a1\u5de5\u5177\uff0c\u6311\u9009\u6700\u9002\u5408PMCC\u7684\u4f18\u8d28\u80a1\uff0c\u9644\u5b8c\u6574\u7684\u9009\u80a1\u6807\u51c6\u3001\u8fdb\u573a\u8bbe\u7f6e\u548c\u771f\u5b9e\u6848\u4f8b\u3002<\/p>","protected":false},"author":1,"featured_media":14547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"plain-container","ast-site-content-layout":"normal-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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