{"id":6537,"date":"2021-12-18T16:59:35","date_gmt":"2021-12-18T08:59:35","guid":{"rendered":"https:\/\/slashtraders.com\/?p=6537"},"modified":"2025-09-29T17:34:43","modified_gmt":"2025-09-29T09:34:43","slug":"option-greeks","status":"publish","type":"post","link":"https:\/\/slashtraders.com\/cn\/blog\/option-greeks\/","title":{"rendered":"\u5b66\u4f1a\u671f\u6743\u5e0c\u814a\u503c\u624d\u80fd\u8f7b\u677e\u7ba1\u63a7\u98ce\u9669"},"content":{"rendered":"<p class=\"wp-block-paragraph\">\u4f60\u77e5\u9053\u6709\u54ea\u51e0\u4e2a\u5e38\u89c1\u7684\u5e0c\u814a\u503c\u53ef\u4ee5\u7528\u6765\u5206\u6790\u4ea4\u6613\u7684\u98ce\u9669\u5417\uff1f<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u4eca\u5929\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u8981\u5206\u4eab\u4ea4\u6613\u9009\u62e9\u6743\u6700\u91cd\u8981\u7684\u5e0c\u814a\u5b57\u6bcd(delta\u3001gamma\u3001theta\u548cvega)\uff0c\u8ba9\u4f60\u77e5\u9053\u5982\u4f55\u7ba1\u63a7<a href=\"https:\/\/slashtraders.com\/cn\/blog\/what-are-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u671f\u6743<\/a>\u4ea4\u6613\u98ce\u9669\u3002<\/p>\n\n\n<\/p>\n\n\n\n<iframe width=\"100%\" height=\"400\" src=\"\/\/player.bilibili.com\/player.html?aid=635027365&amp;bvid=BV1Bb4y1v7Gv&amp;cid=467797925&amp;page=1\" scrolling=\"no\" border=\"0\" frameborder=\"no\" framespacing=\"0\" allowfullscreen=\"true\"> <\/iframe>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4ec0\u4e48\u662fDelta\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Delta\u662f\u80a1\u4ef7\u5bf9\u671f\u6743\u4ef7\u683c\u7684\u5f71\u54cd\uff0c\u6b63delta\u9700\u8981\u80a1\u4ef7\u4e0a\u6da8\u83b7\u5229\uff0c\u78b0\u5230\u80a1\u4ef7\u4e0b\u8dcc\u65f6\u4e8f\u635f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u4ee5\u73b0\u5728\u5e02\u573a\u4ef7\u8d2d\u4e70\u7684Call option\u662f0.50 delta\uff0c\u4e5f\u5c31\u662f\u5f53\u80a1\u4ef7\u5411\u4e0a\u6da8$1\uff0c<a href=\"https:\/\/slashtraders.com\/cn\/blog\/options-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">Call option\u7684\u4ef7\u503c<\/a>\u5c31\u4f1a\u4e0a\u6da8$0.50\u3002\u5982\u679c\u80a1\u4ef7\u4e0b\u8dcc$1\uff0cCall\u4ef7\u503c\u5c31\u4f1a\u4e0b\u8dcc$0.50\u3002<\/p>\n\n\n<\/p>\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\/2021\/12\/\u4e700.50-delta-call-1024x576.png\" alt=\"\u4e700.50 delta call\" class=\"wp-image-6542\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-call-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-call-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-call-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-call-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-call.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u4e70Call\u9009\u62e9\u6743\u662f\u6b63delta\uff0c\u56e0\u6b64\u80a1\u4ef7\u548c\u671f\u6743\u4ef7\u683c\u6539\u53d8\u7684\u65b9\u5411\u4e00\u6837\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u73b0\u5728\u5e02\u573a\u4ef7\u8d2d\u4e70Put option\u662f-0.50 delta\uff0c\u5f53\u80a1\u4ef7\u5411\u4e0a\u6da8$1\uff0cPut option\u7684\u4ef7\u503c\u5c31\u4f1a\u4e0b\u8dcc$0.50\u3002\u5f53\u80a1\u4ef7\u4e0b\u8dcc$1\uff0cPut\u4ef7\u503c\u5c31\u4f1a\u4e0a\u6da8$0.50\u3002<\/p>\n\n\n<\/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\/2021\/12\/\u4e700.50-delta-put-1024x576.png\" alt=\"\u4e700.50 delta put\" class=\"wp-image-6547\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-put-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-put-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-put-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-put-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e700.50-delta-put.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u4e70Put\u671f\u6743\u662f\u8d1fdelta\uff0c\u56e0\u6b64\u80a1\u4ef7\u548c\u671f\u6743\u4ef7\u683c\u6539\u53d8\u7684\u65b9\u5411\u76f8\u53cd\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7528\u4e70Call options\u6765\u770b\u4e0d\u540c\u884c\u6743\u4ef7\u7684delta\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u5e73\u503cATM\u7684Call\u662f0.50 delta\u3002<\/li>\n\n\n\n<li>\u865a\u503cOTM\u7684Call delta\u4f1a\u53d8\u5c0f\u3002<\/li>\n\n\n\n<li>\u5b9e\u503cITM\u7684\u671f\u6743delta\u4f1a\u53d8\u5927\u3002<\/li>\n<\/ul>\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\/2021\/12\/moneyness-call-delta-1024x576.png\" alt=\"moneyness call delta\" class=\"wp-image-6548\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/moneyness-call-delta-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/moneyness-call-delta-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/moneyness-call-delta-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/moneyness-call-delta-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/moneyness-call-delta.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">ATM Call\u662f0.50 delta\uff0cOTM\u7684Call delta\u4f1a\u53d8\u5c0f\uff0cITM\u7684\u671f\u6743delta\u4f1a\u53d8\u5927\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Delta\u53ef\u4ee5\u7528\u6765\u4f30\u8ba1\u671f\u6743\u622a\u6b62\u65f6\u4ef7\u5185ITM\u7684\u673a\u7387\u3002<\/p>\n\n\n\n<table id=\"tablepress-23\" class=\"tablepress tablepress-id-23\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Delta<\/th><th class=\"column-2\">ITM\u673a\u7387<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">0.75<\/td><td class=\"column-2\">75%<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">0.50<\/td><td class=\"column-2\">50%<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">0.25<\/td><td class=\"column-2\">25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-23 from cache -->\n\n\n\n<p class=\"wp-block-paragraph\">\u4e70\u5356\u4e0d\u540c\u7684\u9009\u62e9\u6743\u4f1a\u51fa\u73b0\u76f8\u53cd\u7684delta\u3002<\/p>\n\n\n\n<table id=\"tablepress-24\" class=\"tablepress tablepress-id-24\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">\u9009\u62e9\u6743\u7b56\u7565<\/th><th class=\"column-2\">Delta<\/th><th class=\"column-3\">\u83b7\u5229\u65b9\u5411<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">\u4e70Call<\/td><td class=\"column-2\">\u6b63<\/td><td class=\"column-3\">\u80a1\u4ef7\u4e0a\u6da8<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">\u4e70Put<\/td><td class=\"column-2\">\u8d1f<\/td><td class=\"column-3\">\u80a1\u4ef7\u4e0b\u8dcc<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">\u5356Call<\/td><td class=\"column-2\">\u8d1f<\/td><td class=\"column-3\">\u80a1\u4ef7\u4e0b\u8dcc<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">\u5356Put<\/td><td class=\"column-2\">\u6b63<\/td><td class=\"column-3\">\u80a1\u4ef7\u4e0a\u6da8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-24 from cache -->\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u6240\u4ee5\u53ef\u4ee5\u7528delta\u6765\u8bc4\u4f30\u81ea\u5df1\u7684\u4ea4\u6613\u7ec4\u5408\u662f\u5426\u770b\u6da8\u8fd8\u662f\u770b\u8dcc\uff0c\u4e5f\u53ef\u4ee5<a href=\"https:\/\/slashtraders.com\/cn\/blog\/delta-hedging-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7528delta\u6765\u505a\u4e0d\u540c\u65b9\u5411\u7684hedging\u5bf9\u51b2<\/a>\uff0c\u5206\u6563\u98ce\u9669\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7528\u6b63Delta\u5728\u80a1\u4ef7\u4e0a\u6da8\u65f6\u83b7\u5229<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\"><a href=\"https:\/\/slashtraders.com\/cn\/tools\/bull-put-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u770b\u6da8Put Spread\u725b\u80a1\u795e\u5668<\/a>\u4f7f\u7528\u5927\u6570\u636e\u5206\u6790\u6284\u5e95\u7684\u80a1\u7968\u6e05\u5355\uff0c\u8ba9\u6211\u4eec\u627e\u5230\u88ab\u4f4e\u4f30\u6709\u9ad8\u673a\u7387\u53cd\u5f39\u4e0a\u6da8\u7684Put\u5782\u76f4\u4ef7\u5dee\u8fdb\u573a\u65f6\u673a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e3a\u4e86\u627e\u5230\u9ad8\u673a\u7387\u4e0a\u6da8\u7684\u80a1\u7968\uff0c\u6211\u4eec\u53ef\u4ee5\u6ce8\u610f\u88ab\u4f4e\u4f30\u3001\u6284\u5e95\u3001\u6709\u9ad8\u673a\u7387\u4e0a\u6da8\u4fee\u6b63\u7684\u80a1\u7968\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Long Days\u8868\u793a\u6280\u672f\u5206\u6790\u627e\u5230\u6700\u8fd1\u4e0a\u6da8\u8baf\u53f7\u79bb\u73b0\u5728\u7684\u4ea4\u6613\u65e5\u6570\uff0c\u65e5\u6570\u8d8a\u77ed\u8868\u793a\u6211\u4eec\u53ef\u4ee5\u8d8a\u65e9\u5728\u4e0a\u6da8\u8d8b\u52bf\u7684\u65f6\u5019\u8fdb\u573a\u3002<\/li>\n\n\n\n<li>Long Signal Price\u4ee3\u8868\u6280\u672f\u5206\u6790\u8ba1\u7b97\u51fa\u6284\u5e95\u7684\u80a1\u4ef7\uff0c\u8ba9\u6211\u4eec\u77e5\u9053\u77ed\u65f6\u95f4\u5185\u80a1\u4ef7\u4e0d\u4f1a\u4f4e\u4e8e\u8fd9\u4e2a\u4ef7\u4f4d\u3002<\/li>\n\n\n\n<li class=\"translation-block\">\u4f7f\u7528<a href=\"https:\/\/slashtraders.com\/cn\/blog\/fundamental-analysis-vs-technical-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u57fa\u672c\u5206\u6790<\/a>\u627e\u5230\u80a1\u7968\u7684Fair Value\uff0c\u518d\u7528Last\u7684\u5dee\u4ef7\u8ba1\u7b97\u80a1\u4ef7\u7684\u4e0a\u6da8\u6f5c\u529bUpside\uff0c\u5f53Upside\u8d8a\u9ad8\uff0c\u6211\u4eec\u5c31\u6708\u6709\u6709\u4fe1\u5fc3\u80a1\u4ef7\u88ab\u4f4e\u4f30\u4e86\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u53ea\u8981\u7ed3\u5408\u4ee5\u4e0a\u7684\u4e09\u4e2a\u4e0a\u6da8\u8baf\u53f7\uff0c\u5c31\u53ef\u4ee5\u75280.50 delta\u7684\u4ef7\u5e73ATM\u770b\u6da8Put\u5782\u76f4\u4ef7\u5dee\u6765\u8ba1\u7b97\u9ad8\u62a5\u916c\u7387Return on Capital\uff0c\u4e5f\u9ad8\u673a\u7387\u4e0a\u6da8\u7684\u4ea4\u6613\u673a\u4f1a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"339\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-1024x339.png\" alt=\"bull put spread screener\" class=\"wp-image-7720\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-1024x339.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-300x99.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-768x254.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u7528Long Days\u6392\u5e8f\u627e\u5230\u6700\u65b0\u51fa\u73b0\u4e0a\u6da8\u8baf\u53f7\u7684\u80a1\u7968\uff0c\u518d\u7528Upside\u6311\u51fa\u88ab\u4f4e\u4f30\u7684\u80a1\u7968\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u53ea\u8981\u8ddf\u7740Spread Details\u4ea4\u6613\u5e73\u503cPut\u5782\u76f4\u4ef7\u5dee\uff0c\u5c31\u53ef\u4ee5\u83b7\u5f97Return on Capital\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u63a5\u4e0b\u6765\u6211\u4eec\u5c31\u53ef\u4ee5\u6311\u9009\u9ad8\u83b7\u5229\u673a\u4f1a\u3001\u62a5\u916c\u7387\u4e5f\u591f\u597d\u7684\u770b\u6da8Put\u5782\u76f4\u4ef7\u5dee\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7efc\u5408Long Days\u548cUpside\uff0c\u6211\u4eec\u770b\u5230\u6700\u8fd12\u5929\u5185\u51fa\u73b0\u4e0a\u6da8\u8d8b\u52bf\u7684\u80a1\u7968\u4e2dFB\u88ab\u4f4e\u4f30\u975e\u5e38\u591a\uff0c\u670997% Upside\uff0c\u63a5\u4e0b\u6765\u80a1\u4ef7\u6709\u9ad8\u673a\u7387\u4f1a\u4e0a\u6da8\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"339\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-1024x339.png\" alt=\"fb bull put spread screener\" class=\"wp-image-7722\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-1024x339.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-300x99.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-768x254.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">FB\u88ab\u4e25\u91cd\u4f4e\u4f30\u5e76\u6b63\u5728\u4e0a\u6da8\u4e2d\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u770b\u770bFB\u7684\u4ef7\u683c\u8d8b\u52bf\uff0c\u4f1a\u53d1\u73b0\u80a1\u4ef7\u57282\u4e2a\u4ea4\u6613\u65e5\u524d\u8fbe\u5230Long Signal Price\u7684\u4f4e\u70b9$169\uff0c\u800c\u4e14\u4e4b\u540e\u90fd\u662f\u5448\u73b0\u4e0a\u6da8\u7684\u73b0\u8c61\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"528\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-1024x528.png\" alt=\"fb chart analysis\" class=\"wp-image-7723\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-1024x528.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-300x155.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-768x396.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-18x9.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">FB\u57282\u4e2a\u4ea4\u6613\u65e5\u524d\u5728Long Signal Price\u6284\u5e95\uff0c\u4e4b\u540e\u5448\u73b0\u4e0a\u6da8\u8d8b\u52bf\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u518d\u52a0\u4e0a\u73b0\u5728\u80a1\u4ef7\u88ab\u4e25\u91cd\u4f4e\u4f30\uff0c\u6211\u4eec\u6709\u4fe1\u5fc3\u63a5\u4e0b\u6765FB\u4f1a\u6301\u7eed\u4e0a\u6da8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u5356\u4e00\u4e2a\u4e0b\u4e2a\u6708\u5230\u671f\u7684FB\u770b\u6da8Put\u5782\u76f4\u4ef7\u5dee\u9009\u62e9\u6743\uff0c\u5982\u679c\u622a\u6b62\u524dMeta\u80a1\u4ef7\u6ca1\u6709\u4e0b\u8dcc\uff0c\u8fd9\u4e2a\u4ea4\u6613\u5c31\u6709103%\u5de6\u53f3\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc-1024x576.png\" alt=\"fb\u770b\u6da8put spread roc\" class=\"wp-image-7726\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb\u770b\u6da8put-spread-roc.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">FB\u4e0b\u4e2a\u6708\u622a\u6b62\u7684\u4ef7\u5e73\u770b\u6da8Put\u5782\u76f4\u4ef7\u5dee\u6709\u6700\u9ad8103%\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7528\u8d1fDelta\u5728\u80a1\u4ef7\u4e0b\u8dcc\u65f6\u83b7\u5229<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\"><a href=\"https:\/\/slashtraders.com\/cn\/tools\/bear-call-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u770b\u8dccCall Spread\u9009\u80a1\u795e\u5668<\/a>\u4f7f\u7528\u5927\u6570\u636e\u627e\u5230\u6da8\u8fc7\u5934\u7684\u80a1\u7968\u6e05\u5355\uff0c\u8ba9\u6211\u4eec\u8fc5\u901f\u627e\u5230\u88ab\u9ad8\u4f30\u3001\u9ad8\u673a\u7387\u4fee\u6b63\u4e0b\u8dcc\u7684Bear Call Spread\u8fdb\u573a\u65f6\u673a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e3a\u4e86\u627e\u5230\u9ad8\u673a\u7387\u4e0b\u8dcc\u7684\u80a1\u7968\uff0c\u6211\u4eec\u53ef\u4ee5\u6ce8\u610f\u88ab\u9ad8\u4f30\u3001\u6b63\u8981\u5f00\u59cb\u4e0b\u8dcc\u7684\u80a1\u7968\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u9009\u80a1\u795e\u5668\u4f7f\u7528Fair Value\u548cLast\u7684\u5dee\u4ef7\u8ba1\u7b97\u80a1\u4ef7\u7684\u4e0b\u8dcc\u6f5c\u529bUpside\uff0c\u5f53Upside\u6709-30%\u4ee5\u4e0b\uff0c\u6211\u4eec\u5c31\u6709\u4fe1\u5fc3\u80a1\u4ef7\u88ab\u9ad8\u4f30\u4e86\uff0c\u63a5\u4e0b\u6765\u6709\u673a\u4f1a\u4e0b\u8dcc\u3002<\/li>\n\n\n\n<li>Short Signal Price\u4ee3\u8868\u56fe\u8868\u5206\u6790\u8ba1\u7b97\u51fa\u80a1\u4ef7\u5f00\u59cb\u8d70\u4e0b\u5761\u65f6\u7684\u4ef7\u683c\uff0c\u8ba9\u6211\u4eec\u77e5\u9053\u77ed\u65f6\u95f4\u5185\u80a1\u4ef7\u4e0d\u4f1a\u8d85\u8fc7\u8fd9\u4e2a\u9ad8\u70b9\u3002<\/li>\n\n\n\n<li>Short Days\u8868\u793a\u4e0a\u4e00\u6b21\u51fa\u73b0\u4e0b\u8dcc\u8baf\u53f7\u79bb\u73b0\u5728\u7684\u4ea4\u6613\u65e5\u6570\uff0c\u53ea\u8981\u4e00\u51fa\u73b0\u4e0b\u8dcc\u8baf\u53f7\u63a5\u4e0b\u6765\u5c31\u6709\u9ad8\u673a\u7387\u80a1\u4ef7\u4f1a\u8d70\u4e0b\u5761\u3002<\/li>\n\n\n\n<li>\u4e5f\u8981\u907f\u5f00\u5feb\u8981\u51fa\u73b0Ex-Dividend Date\u914d\u80a1\u606f\u7684\u65e5\u5b50\uff0c\u4ee5\u514d\u4e00\u65b9\u9762\u80a1\u4ef7\u4f1a\u4e0a\u6da8\u88ab\u5c65\u7ea6\uff0c\u53e6\u4e00\u65b9\u9762\u914d\u5c65\u7ea6\u540e\u8981\u8d1f\u62c5\u914d\u606f\u7684\u8d23\u4efb\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u65e2\u7136\u6211\u4eec\u770b\u8dcc\u80a1\u7968\uff0c\u53ef\u4ee5\u7528-0.50 delta\u7684ATM Bear Call Spread\u6765\u8ba1\u7b97\u6295\u8d44\u62a5\u916c\u7387Return on Capital\uff0c\u8fd9\u6837\u53ea\u8981\u80a1\u4ef7\u4e0b\u8dcc\u83b7\u5229\u6700\u5927\uff0c\u5982\u679c\u80a1\u4ef7\u6da8\u4e86\u6700\u5927\u4e8f\u635f\u4e5f\u76f8\u5bf9\u5c0f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u4e0b\u662f\u6211\u4eec\u53ef\u4ee5\u770b\u5230\u73b0\u5728\u6e05\u5355\u6392\u5e8f\u51fa\u88ab\u9ad8\u4f30\u6700\u591a\u7684ATM Bear Call Spread\u673a\u4f1a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"354\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns-1024x354.png\" alt=\"bear call spread columns\" class=\"wp-image-7548\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns-1024x354.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns-300x104.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns-768x266.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-columns.png 1121w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u7528Upside\u6392\u5e8f\u51fa\u88ab\u9ad8\u4f30\u6700\u591a\u7684\u80a1\u7968\uff0c\u518d\u7528Short Days\u6311\u51fa\u6700\u8fd1\u4e0b\u8dcc\u7684\u673a\u4f1a\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u7efc\u5408Upside\u548cShort Days\u7684\u6570\u636e\uff0c\u6211\u4eec\u770b\u5230\u73b0\u5728\u88ab\u9ad8\u4f30\u6700\u591a\u7684\u80a1\u7968\u4e2dENPH\u79bb\u4e0b\u8dcc\u8baf\u53f7\u51fa\u73b0\u7ecf\u8fc7\u4e868\u4e2a\u4ea4\u6613\u65e5\uff0c\u672a\u6765\u4e5f\u6ca1\u6709\u53d1\u80a1\u606f\u7684Ex-Dividend Date\uff0c\u662f\u73b0\u5728\u6700\u9ad8\u673a\u4f1a\u7684\u4e0b\u8dcc\u7684\u80a1\u7968\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"354\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener-1024x354.png\" alt=\"bear call spread screener enph\" class=\"wp-image-7553\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener-1024x354.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener-300x104.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener-768x266.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/bear-call-spread-screener.png 1121w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u7efc\u5408Upside\u548cShort Days\u6311\u51fa\u73b0\u5728\u6700\u597d\u7684ATM Bear Call Spreads\u662fENPH\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u4eceEnphase\u80a1\u4ef7\u8d8b\u52bf\u6765\u770b\uff0c\u6211\u4eec\u786e\u8ba4ENPH\u81ea\u4ece8\u4e2a\u4ea4\u6613\u65e5\u4ee5\u524d\u786e\u5b9e\u8fbe\u5230$220\u9ad8\u70b9\uff0c\u8ddf\u6211\u4eec\u770b\u8dcc\u9009\u80a1\u795e\u5668\u63d0\u5230\u7684Short Signal Price\u76f8\u540c\uff0c\u63a5\u4e0b\u6765ENPH\u80a1\u4ef7\u8d70\u4e0b\u5761\uff0c\u77ed\u65f6\u95f4\u5185\u6709\u9ad8\u673a\u7387\u4e0d\u4f1a\u4e0a\u6da8\u8d85\u8fc7Short Signal Price\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"579\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-short-signal-price-trend.png\" alt=\"enph short signal price trend\" class=\"wp-image-7562\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-short-signal-price-trend.png 980w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-short-signal-price-trend-300x177.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-short-signal-price-trend-768x454.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-short-signal-price-trend-18x12.png 18w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><figcaption class=\"wp-element-caption\">ENPH\u57288\u4e2a\u4ea4\u6613\u65e5\u8fbe\u5230Short Signal Price\u7684$220\uff0c\u4e4b\u540e\u5c31\u4e0d\u65ad\u4e0b\u8dcc\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u5356\u4e00\u4e2a35\u5929\u540e\u5230\u671f\u7684ENPH\u4ef7\u5e73ATM Call Spread\u671f\u6743\uff0c\u5982\u679c\u622a\u6b62\u524dEnphase\u80a1\u4ef7\u6ca1\u6709\u4e0a\u6da8\uff0c\u8fd9\u4e2a\u4ea4\u6613\u6709\u6700\u9ad886%\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread-1024x576.png\" alt=\"enph atm bear call spread\" class=\"wp-image-7560\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/enph-atm-bear-call-spread.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u5356\u4e00\u4e2a35\u5929\u540e\u5230\u671f\u7684ENPH\u4ef7\u5e73ATM Call Spread\u6709\u6700\u9ad886%\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/slashtraders.com\/cn\/pricing\/?utm_source=blog&amp;utm_medium=banner\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"971\" height=\"120\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c-banner-1.png\" alt=\"\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c banner\" class=\"wp-image-7387\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c-banner-1.png 971w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c-banner-1-300x37.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c-banner-1-768x95.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/\u659c\u6760\u6295\u8d44\u8fbe\u4eba\u4f53\u9a8c-banner-1-18x2.png 18w\" sizes=\"(max-width: 971px) 100vw, 971px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u4ec0\u4e48\u662fGamma\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Gamma\u662f\u80a1\u4ef7\u5bf9delta\u7684\u5f71\u54cd\uff0c\u4e5f\u662f\u80a1\u4ef7\u5bf9\u671f\u6743\u4ef7\u683c\u7684\u52a0\u901f\u5ea6\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u73b0\u5728SPY Call\u6765\u8bf4\uff0c\u5f53\u622a\u6b62\u65e5\u4e00\u6837\u65f6\uff0c\u4ef7\u5e73ATM\u7684Call\u62e5\u6709\u6700\u9ad8\u7684gamma\uff0c\u5c65\u7ea6\u4ef7\u79bb\u5e02\u573a\u4ef7\u8d8a\u8fdcgamma\u4f1a\u8d8a\u4f4e\u3002<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma-1024x576.png\" alt=\"\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma\" class=\"wp-image-6568\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/\u4e0d\u540c\u884c\u6743\u4ef7\u7684gamma.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u5e73\u503cATM\u7684Call\u62e5\u6709\u6700\u9ad8\u7684gamma\uff0c\u884c\u6743\u4ef7\u79bb\u5e02\u573a\u4ef7\u8d8a\u8fdcgamma\u4f1a\u8d8a\u4f4e\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u540c\u6837\u884c\u6743\u4ef7\u7684\u9009\u62e9\u6743\uff0c\u5982\u679c\u79bb\u622a\u6b62\u65e5\u8d8a\u8fd1gamma\u8d8a\u9ad8\u3002<\/p>\n\n\n\n<table id=\"tablepress-25\" class=\"tablepress tablepress-id-25\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">\u622a\u6b62\u65f6\u95f4<\/th><th class=\"column-2\">Gamma<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">35\u5929<\/td><td class=\"column-2\">1.26<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">6\u5929<\/td><td class=\"column-2\">3.39<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-25 from cache -->\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u770b\u5230\u5f53\u9009\u62e9\u6743\u5feb\u8981\u622a\u6b62\u65f6\uff0cgamma\u4f1a\u8ba9delta\u5bf9\u671f\u6743\u4ef7\u503c\u7684\u5f71\u54cd\u8d8a\u6765\u8d8a\u5927\uff0c\u53ea\u8981\u4e00\u70b9\u80a1\u4ef7\u6ce2\u52a8\u5c31\u4f1a\u9020\u6210\u5f88\u5927\u7684\u83b7\u5229\u6216\u4e8f\u635f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6240\u4ee5\u901a\u5e38\u6211\u4eec\u4f1a\u5728\u79bb\u622a\u6b62\u65e514\u5929\u5de6\u53f3\u65f6\u5c31\u51fa\u573a\u6765\u51cf\u5c11gamma\u7684\u98ce\u9669\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4ec0\u4e48\u662fTheta\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Theta\u662f\u65f6\u95f4\u5bf9\u671f\u6743\u4ef7\u683c\u7684\u5f71\u54cd\uff0c\u53ea\u8981\u6bcf\u8fc7\u4e00\u5929\uff0ctheta\u5c31\u4f1a\u9020\u6210\u9009\u62e9\u6743\u8d2c\u503c\u4e00\u70b9\u70b9\uff0c\u56e0\u6b64theta\u662f\u8d1f\u7684\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u628a\u9009\u62e9\u6743\u7684\u65f6\u95f4\u4ef7\u503c\u8ddf\u65f6\u95f4\u7684\u5173\u7cfb\u62c9\u51fa\u6765\uff0c\u8fd9\u5f20\u56fe\u7684\u659c\u7387\u5c31\u662ftheta\u3002<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c-1024x576.png\" alt=\"theta\u9020\u6210\u671f\u6743\u8d2c\u503c\" class=\"wp-image-6579\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/12\/theta\u9020\u6210\u671f\u6743\u8d2c\u503c.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u6bcf\u8fc7\u4e00\u5929theta\u5c31\u4f1a\u9020\u6210\u9009\u62e9\u6743\u8d2c\u503c\u4e00\u70b9\u70b9\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u53ef\u4ee5\u770b\u523090\u5929\u5916\u7684\u9009\u62e9\u6743theta\u8d2c\u503c\u7684\u901f\u5ea6\u6bd4\u8f83\u6162\uff0c\u7b49\u65f6\u95f4\u6162\u6162\u6d41\u901dtheta\u8d2c\u503c\u7684\u901f\u5ea6\u4f1a\u52a0\u5feb\uff0c\u76f4\u523030\u5929\u5185theta\u4f1a\u5feb\u901f\u7684\u8ba9\u9009\u62e9\u6743\u8d2c\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6240\u4ee5\u6211\u4eec\u5356\u9009\u62e9\u6743\u65f6\u4f1a\u4ea4\u661330\u5929\u622a\u6b62\u7684\u9009\u62e9\u6743\uff0c\u8ba9theta\u5feb\u901f\u8d2c\u503c\u6211\u4eec\u5c31\u53ef\u4ee5\u83b7\u5229\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4ec0\u4e48\u662fVega\uff1f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Vega\u662fIV\u9690\u542b\u6ce2\u52a8\u7387\u5bf9\u671f\u6743\u4ef7\u683c\u7684\u5f71\u54cd\uff0c\u4e86\u89e3vega\u53ef\u4ee5\u8ba9\u6211\u4eec\u8fd0\u7528<a href=\"https:\/\/slashtraders.com\/cn\/blog\/iv-rank-vs-iv-percentile\/\" target=\"_blank\" rel=\"noreferrer noopener\">IV\u7684\u53d8\u5316<\/a>\u4ea4\u6613\u9009\u62e9\u6743\uff0c\u4e70\u4f4e\u5356\u9ad8\u83b7\u5229\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u7528<a href=\"https:\/\/slashtraders.com\/cn\/tools\/options-scanner\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u671f\u6743\u5206\u6790\u5668<\/a>\u770bSPY\u548cMDB\u4e24\u4e2a\u80a1\u4ef7\u63a5\u8fd1\u4f46IV\u4e0d\u540c\uff0c\u4f1a\u51fa\u73b0\u4e0d\u540c\u7684\u671f\u6743\u4ef7\u503c\u3002<\/p>\n\n\n\n<table id=\"tablepress-26\" class=\"tablepress tablepress-id-26\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">\u80a1\u7968<\/th><th class=\"column-2\">\u80a1\u4ef7<\/th><th class=\"column-3\">IV<\/th><th class=\"column-4\">\u5e73\u503cCall\u4ef7\u503c<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">SPY<\/td><td class=\"column-2\">$459.87<\/td><td class=\"column-3\">19%<\/td><td class=\"column-4\">$9.38<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">MDB<\/td><td class=\"column-2\">$497.85<\/td><td class=\"column-3\">55%<\/td><td class=\"column-4\">$34.50<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-26 from cache -->\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u6240\u4ee5\u6211\u4eec\u8981\u5728<a href=\"https:\/\/slashtraders.com\/cn\/tools\/high-implied-volatility-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener\">IV\u9ad8<\/a>\u7684\u65f6\u5019\u5356\u671f\u6743\uff0c\u5728IV\u4f4e\u7684\u65f6\u5019\u4e70\u671f\u6743\u624d\u80fd\u83b7\u5229\u3002<\/p>\n\n\n\n<table id=\"tablepress-27\" class=\"tablepress tablepress-id-27\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">\u4ea4\u6613\u65b9\u5f0f<\/th><th class=\"column-2\">Vega<\/th><th class=\"column-3\">\u83b7\u5229\u65b9\u5f0f<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">\u4e70\u671f\u6743<\/td><td class=\"column-2\">\u6b63<\/td><td class=\"column-3\">IV\u81a8\u80c0<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">\u5356\u671f\u6743<\/td><td class=\"column-2\">\u8d1f<\/td><td class=\"column-3\">IV\u840e\u7f29<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-27 from cache -->\n\n\n\n<h2 class=\"wp-block-heading\">\u7ed3\u5408Theta\u548cVega\u5356\u9ad8\u83b7\u5229\u673a\u4f1a\u7684\u52d2\u5f0fStrangles<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\"><a href=\"https:\/\/slashtraders.com\/cn\/tools\/options-scanner\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u671f\u6743\u9009\u80a1\u795e\u5668<\/a>\u4e3b\u8981\u662f\u9488\u5bf9\u6311\u9009\u9ad8\u673a\u7387\u3001\u9ad8\u83b7\u5229\u7684Strangles\u800c\u8bbe\u8ba1\uff0c\u6211\u4eec\u6765\u770b\u4e00\u4e0b\u8981\u600e\u4e48\u4f7f\u7528\u641c\u5bfb\u529f\u80fd\u627e\u5230\u6700\u4f73\u7684Strangles\u8fdb\u573a\u65f6\u673a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"188\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1-1024x188.png\" alt=\"options scanner filter settings\" class=\"wp-image-5344\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1-1024x188.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1-300x55.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1-768x141.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1-18x3.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/options-scanner-filter-settings-1.png 1254w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u5feb\u901f\u627e\u5230\u9ad8\u83b7\u5229\u673a\u4f1a\u3001\u9ad8\u6295\u8d44\u62a5\u916c\u7387\u7684\u9009\u80a1\u5668\u6761\u4ef6\u8bbe\u7f6e\u3002<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4e3a\u4e86\u7528theta\u8d2c\u503c\u83b7\u5229\uff0c\u6211\u4eec\u8981\u6311\u9009\u4e0b\u4e2a\u6708\u81f3\u5c1130\u5929\u4ee5\u5916\u7684\u622a\u6b62\u65e5\u3002<\/li>\n\n\n\n<li class=\"translation-block\"><a href=\"https:\/\/slashtraders.com\/cn\/blog\/iv-rank-vs-iv-percentile\/\" target=\"_blank\" rel=\"noreferrer noopener\">IV Perc\u662f\u5c06\u73b0\u5728IV\u5bf9\u7167\u8fc7\u53bb\u4e00\u5e74\u5185\u6bcf\u4e2a\u4ea4\u6613\u65e5IV\u7684\u76f8\u5bf9\u4f4d\u7f6e<\/a>\uff0c\u6240\u4ee5\u5f53\u6211\u4eec\u6311\u9009IV Perc\u81f3\u5c1167%\u4ee5\u4e0a\uff0c\u8868\u793a\u73b0\u5728\u7684IV\u6bd4\u53bb\u5e742\/3\u7684\u4ea4\u6613\u65e5\u8fd8\u8981\u9ad8\uff0c\u672a\u6765\u6709\u9ad8\u673a\u7387IV\u548cvega\u4f1a\u840e\u7f29\uff0c\u8ba9\u9009\u62e9\u6743\u4ef7\u683c\u4e0b\u8dcc\u3002<\/li>\n\n\n\n<li>Open Interests\u8868\u793a\u73b0\u5728\u5f00\u4ed3\u7684\u671f\u6743\u6570\u91cf\uff0c\u53ef\u95f4\u63a5\u8868\u793a\u671f\u6743\u7684\u4ea4\u6613\u91cf\uff0c\u53ea\u8981\u6311\u9009100,000\u4ee5\u4e0a\u7684Open Interests\uff0c\u6211\u4eec\u8fdb\u51fa\u671f\u6743\u7684\u65f6\u5019\u6d41\u52a8\u7387\u6bd4\u8f83\u597d\uff0c\u6bd4\u8f83\u597d\u6210\u4ea4\u3002<\/li>\n\n\n\n<li class=\"translation-block\">\u5e02\u503cMarket Cap\u4e5f\u8981\u5927\u4e8e$10 billion\uff0c\u907f\u514d\u78b0\u5230<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-25\/how-wallstreetbets-pushed-gamestop-shares-to-the-moon\" target=\"_blank\" rel=\"noreferrer noopener\">\u50cfGME\u4e00\u6837\u80a1\u4ef7\u88ab\u64cd\u4f5c<\/a>\u66b4\u51b2\u3002<\/li>\n\n\n\n<li>\u4e5f\u8981\u6392\u9664\u80a1\u4ef7\u73b0\u5728\u6ce2\u52a8\u88ab\u538b\u7f29\u7684\u72b6\u6001\uff0c\u907f\u514d\u672a\u6765IV\u81a8\u80c0\uff0c\u6240\u4ee5\u8981\u9009\u62e9\u6ca1\u6709Squeeze\u7684\u80a1\u7968\u3002<\/li>\n\n\n\n<li>\u5982\u679c\u60f3\u8981\u7ba1\u63a7\u98ce\u9669\u8fd8\u53ef\u4ee5\u628aStrangle BP\u9650\u5236\u5728$1000\u4ee5\u4e0b\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u6700\u540e\u518d\u5c06Strangles ROC\u4ece\u6700\u9ad8\u6392\u5e8f\uff0c\u627e\u5230\u6700\u9ad8\u6295\u8d44\u62a5\u916c\u7387\u7684Strangles\u4ea4\u6613\u673a\u4f1a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"455\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1-1024x455.png\" alt=\"filtered strangles\" class=\"wp-image-5346\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1-1024x455.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1-300x133.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1-768x342.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1-18x8.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/filtered-strangles-1.png 1259w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u6700\u540e\u5c31\u4f1a\u627e\u5230\u4e00\u7cfb\u5217\u6700\u5b89\u5168\u3001\u83b7\u5229\u4e5f\u6700\u9ad8\u76840.20 delta Strangles\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u53ef\u4ee5\u4ece\u6e05\u5355\u91cc\u7528\u6bcf\u4e2a\u80a1\u7968\u7684Fair Value\u5408\u7406\u4ef7\u503c\uff0c\u8fd8\u6709Earnings Date\u8d22\u62a5\u516c\u5e03\u65e5\u627e\u5230\u6700\u4f73\u7684\u8fdb\u573a\u65f6\u673a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u65b9\u9762\u786e\u5b9aFair Value\u63a5\u8fd1Strangle Details\u5efa\u8bae\u7684\u8303\u56f4\u5185\uff0c\u6211\u4eec\u5c31\u53ef\u4ee5\u66f4\u653e\u5fc3\u7684\u5356Strangles\u8fdb\u573a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u53e6\u4e00\u65b9\u9762Earnings Date\u901a\u5e38\u4f1a\u9020\u6210\u80a1\u4ef7\u7684\u5927\u6ce2\u52a8\uff0c\u6240\u4ee5\u8981\u907f\u5f00\u5728\u671f\u6743\u622a\u6b62\u524d\u51fa\u73b0Earnings Date\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"258\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1-1024x258.png\" alt=\"strangles shortlist\" class=\"wp-image-5352\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1-1024x258.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1-300x76.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1-768x194.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1-18x5.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/strangles-shortlist-1.png 1254w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u7528Fair Value\u548cEarnings Date\u6311\u9009\u6700\u4f73\u7684Strangle\u9009\u62e9\u6743\u8fdb\u573a\u65f6\u673a\u3002<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u73b0\u5728\u6295\u8d44\u62a5\u916c\u7387\u6700\u9ad8\u7684\u524d\u4e09\u540d\u7684Earnings\u5feb\u5230\u4e86\u5356Strangles\u98ce\u9669\u5f88\u5927\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SNAP\u7684Fair Value\u867d\u7136\u504f\u4f4e\uff0c\u4f46\u662f\u8003\u91cf\u5230SNAP\u548cFB\u4e00\u6837\u62e5\u6709\u5065\u5168\u7684\u793e\u7fa4\u5a92\u4f53\u5e73\u53f0\uff0c\u53ef\u4ee5\u8003\u8651\u4ea4\u6613SNAP\u7684Strangles\u9009\u62e9\u6743\u3002<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1-1024x576.png\" alt=\"\u5356SNAP strangle\" class=\"wp-image-5358\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/08\/\u5356SNAP-strangle-1.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u73b0\u5728\u535640\u5929\u540e\u622a\u6b62\u7684SNAP\u7684Strangle\u9009\u62e9\u6743\u670927%\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6211\u4eec\u5356\u4e00\u4e2a40\u5929\u540e\u5230\u671f\u7684SNAP Strangle\u9009\u62e9\u6743\uff0c\u5982\u679c\u622a\u6b62\u524dSNAP\u80a1\u4ef7\u6ca1\u6709\u8d85\u51faPut\u548cCall\u7684\u5408\u7ea6\u4ef7\uff0c\u8fd9\u4e2a\u4ea4\u6613\u5c31\u670927%\u7684\u6295\u8d44\u62a5\u916c\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">\u73b0\u5728\u4f60\u77e5\u9053delta\u3001gamma\u3001theta\u548cvega\u7684\u7279\u70b9\uff0c\u4f60\u5c31\u53ef\u4ee5\u6839\u636e\u4e0d\u540c\u7684\u5e0c\u814a\u5b57\u6bcd\u9884\u6d4b\u9009\u62e9\u6743\u7684\u4ef7\u503c\u8d70\u5411\uff0c\u8ba9\u6211\u4eec<a href=\"https:\/\/slashtraders.com\/cn\/blog\/beginner-options-trading-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e70\u4f4e\u5356\u9ad8\u671f\u6743<\/a>\u83b7\u5229\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>\u5206\u4eab\u4ea4\u6613\u671f\u6743\u6700\u91cd\u8981\u7684\u5e0c\u814a\u503c(delta\u3001gamma\u3001theta\u548cvega)\uff0c\u8ba9\u4f60\u77e5\u9053\u5982\u4f55\u5206\u6790\u5e76\u7ba1\u63a7\u9009\u62e9\u6743\u4ea4\u6613\u7684\u98ce\u9669\u3002<\/p>","protected":false},"author":1,"featured_media":6538,"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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