{"id":7000,"date":"2026-02-10T07:20:32","date_gmt":"2026-02-09T23:20:32","guid":{"rendered":"https:\/\/t.n-years.com\/?p=7000"},"modified":"2026-02-10T07:20:32","modified_gmt":"2026-02-09T23:20:32","slug":"%e7%be%8e%e8%82%a1-vix-%e6%8c%87%e6%a0%87","status":"publish","type":"post","link":"https:\/\/t.n-years.com\/?p=7000","title":{"rendered":"\u7f8e\u80a1 VIX \u6307\u6807"},"content":{"rendered":"\n<p class=\"p1\">\u8fd9\u662f\u4e2a\u5fc5\u987b\u5403\u900f\u7684\u6307\u6807\uff0c\u5f88\u591a\u4eba\u5929\u5929\u770b\u5374\u6ca1\u771f\u6b63\u7406\u89e3\u3002<\/p>\n\n\n\n<p class=\"p1\">\u6211\u7528\u4eba\u8bdd + \u6295\u8d44\u53ef\u7528\u89c4\u5219\u7ed9\u4f60\u8bb2\u6e05\u695a\u3002<\/p>\n\n\n\n<p class=\"p2\">\u4e00\u3001VIX \u662f\u4ec0\u4e48\uff08\u4e00\u53e5\u8bdd\u7248\uff09<\/p>\n\n\n\n<p class=\"p1\">VIX = \u5e02\u573a\u5bf9\u201c\u672a\u6765 30 \u5929\u7f8e\u80a1\u6ce2\u52a8\u201d\u7684\u5b9a\u4ef7\u3002<\/p>\n\n\n\n<p class=\"p1\">\u66f4\u51c6\u786e\u5730\u8bf4\uff1a<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>VIX \u662f\u57fa\u4e8e S&amp;P500 \u671f\u6743\u4ef7\u683c\uff0c\u53cd\u6620\u5e02\u573a\u613f\u610f\u4e3a\u201c\u672a\u6765\u4e0d\u786e\u5b9a\u6027\/\u98ce\u9669\u201d\u4ed8\u591a\u5c11\u94b1\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"p1\">\u5b83\u4e0d\u662f\u60c5\u7eea\u8c03\u67e5\uff0c<\/p>\n\n\n\n<p class=\"p1\">\u662f\u771f\u91d1\u767d\u94f6\u7684\u6050\u614c\u4fdd\u8d39\u3002<\/p>\n\n\n\n<p class=\"p2\">\u4e8c\u3001\u4e3a\u4ec0\u4e48\u8bf4\uff1aVIX \u8d8a\u9ad8\uff0c\u5e02\u573a\u8d8a\u6050\u614c\uff1f<\/p>\n\n\n\n<p class=\"p1\">\u56e0\u4e3a\uff1a<\/p>\n\n\n\n<p class=\"p2\">\u5e02\u573a\u5bb3\u6015\u4e0b\u8dcc \u6295\u8d44\u8005\u5927\u91cf\u4e70 SPY \u7684\u4fdd\u62a4\u6027 Put \u671f\u6743 Put \u88ab\u62a2 \u2192 \u671f\u6743\u4ef7\u683c\u4e0a\u6da8 \u9690\u542b\u6ce2\u52a8\u7387\u4e0a\u5347 \ud83d\udc49 VIX \u4e0a\u5347<\/p>\n\n\n\n<p class=\"p1\">\ud83d\udccc \u6240\u4ee5\uff1a<\/p>\n\n\n\n<p class=\"p1\">VIX \u9ad8 = \u5e02\u573a\u613f\u610f\u82b1\u9ad8\u4ef7\u4e70\u201c\u4fdd\u9669\u201d<\/p>\n\n\n\n<p class=\"p2\">\u4e09\u3001VIX \u7684\u201c\u6da8\u201d\u548c\u201c\u8dcc\u201d\u5206\u522b\u4ee3\u8868\u4ec0\u4e48\uff1f<\/p>\n\n\n\n<p class=\"p2\">\ud83d\udd3a VIX \u4e0a\u6da8\uff08\u5c24\u5176\u662f\u5feb\u901f\u4e0a\u6da8\uff09<\/p>\n\n\n\n<p class=\"p1\">\u4ee3\u8868\uff1a<\/p>\n\n\n\n<p class=\"p2\">\u4e0d\u786e\u5b9a\u6027\u4e0a\u5347 \u6050\u614c\u5728\u6269\u6563 \u6295\u8d44\u8005\u5f00\u59cb \u9632\u5b88 \/ \u5bf9\u51b2 \/ \u6e05\u4ed3<\/p>\n\n\n\n<p class=\"p1\">\u5e38\u89c1\u89e6\u53d1\uff1a<\/p>\n\n\n\n<p class=\"p2\">\u9ed1\u5929\u9e45\u4e8b\u4ef6 \u7f8e\u8054\u50a8\u653f\u7b56\u62d0\u70b9 \u79d1\u6280\u80a1\u96c6\u4f53\u6740\u4f30\u503c \u6307\u6570\u8fde\u7eed\u4e0b\u8dcc<\/p>\n\n\n\n<p class=\"p1\">\ud83d\udc49 VIX \u7684\u201c\u6da8\u901f\u201d\u6bd4\u201c\u6570\u503c\u201d\u66f4\u91cd\u8981<\/p>\n\n\n\n<p class=\"p2\">\ud83d\udd3b VIX \u4e0b\u8dcc<\/p>\n\n\n\n<p class=\"p1\">\u4ee3\u8868\uff1a<\/p>\n\n\n\n<p class=\"p2\">\u98ce\u9669\u6ea2\u4ef7\u56de\u843d \u6295\u8d44\u8005\u653e\u677e\u8b66\u60d5 \u5e02\u573a\u5f00\u59cb \u8ffd\u6da8 \/ \u6760\u6746 \/ \u5356\u4fdd\u9669<\/p>\n\n\n\n<p class=\"p1\">\ud83d\udc49 \u6781\u4f4e VIX \u5f80\u5f80\u4e0d\u662f\u597d\u4e8b<\/p>\n\n\n\n<p class=\"p1\">\u56e0\u4e3a \u98ce\u9669\u88ab\u4f4e\u4f30\u4e86<\/p>\n\n\n\n<p class=\"p2\">\u56db\u3001VIX \u6570\u503c\u600e\u4e48\u89e3\u8bfb\uff08\u6838\u5fc3\u8868\uff09<\/p>\n\n\n\n<p class=\"p1\">\u8fd9\u662f\u5b9e\u6218\u6700\u91cd\u8981\u7684\u4e00\u90e8\u5206\ud83d\udc47<\/p>\n\n\n\n<p class=\"p1\">VIX \u533a\u95f4<\/p>\n\n\n\n<p class=\"p1\">\u5e02\u573a\u72b6\u6001<\/p>\n\n\n\n<p class=\"p1\">\u6295\u8d44\u542b\u4e49<\/p>\n\n\n\n<p class=\"p1\">&lt; 12<\/p>\n\n\n\n<p class=\"p1\">\u6781\u5ea6\u81ea\u4fe1<\/p>\n\n\n\n<p class=\"p1\">\u5371\u9669\u533a\uff08\u5bb9\u6613\u56de\u64a4\uff09<\/p>\n\n\n\n<p class=\"p1\">12\u201315<\/p>\n\n\n\n<p class=\"p1\">\u5e73\u9759<\/p>\n\n\n\n<p class=\"p1\">\u6b63\u5e38\u504f\u4e50\u89c2<\/p>\n\n\n\n<p class=\"p1\">15\u201320<\/p>\n\n\n\n<p class=\"p1\">\u8f7b\u5ea6\u7d27\u5f20<\/p>\n\n\n\n<p class=\"p1\">\u5f00\u59cb\u5206\u6b67<\/p>\n\n\n\n<p class=\"p1\">20\u201330<\/p>\n\n\n\n<p class=\"p1\">\u660e\u663e\u6050\u614c<\/p>\n\n\n\n<p class=\"p1\">\u673a\u4f1a\u5f00\u59cb\u51fa\u73b0<\/p>\n\n\n\n<p class=\"p1\">30\u201340<\/p>\n\n\n\n<p class=\"p1\">\u6050\u614c\u5931\u63a7<\/p>\n\n\n\n<p class=\"p1\">\u9ad8\u80dc\u7387\u533a<\/p>\n\n\n\n<p class=\"p1\">&gt;40<\/p>\n\n\n\n<p class=\"p1\">\u7cfb\u7edf\u6027\u6050\u614c<\/p>\n\n\n\n<p class=\"p1\">\u5386\u53f2\u7ea7\u673a\u4f1a<\/p>\n\n\n\n<p class=\"p1\">\ud83d\udccc \u5173\u952e\u4e00\u53e5\u8bdd\uff1a<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>VIX \u4e0d\u9002\u5408\u8ffd\u9ad8\u80a1\u7968\uff0c\u53ea\u9002\u5408\u4f4e\u4f4d\u7ed9\u4f60\u201c\u80c6\u5b50\u201d\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"p4\">\u4e94\u3001VIX \u548c\u80a1\u5e02\u6da8\u8dcc\u7684\u5173\u7cfb\uff08\u5f88\u591a\u4eba\u8bef\u89e3\uff09<\/p>\n\n\n\n<p class=\"p1\">\u274c \u9519\u8bef\u7406\u89e3\uff1a<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>VIX \u9ad8\u4e86 \u2192 \u9a6c\u4e0a\u89c1\u5e95<\/p>\n<\/blockquote>\n\n\n\n<p class=\"p1\">\u2705 \u6b63\u786e\u7406\u89e3\uff1a<\/p>\n\n\n\n<p class=\"p4\">VIX \u2260 \u5e95\u90e8\u4fe1\u53f7 VIX = \u98ce\u9669\u662f\u5426\u88ab\u5145\u5206\u5b9a\u4ef7<\/p>\n\n\n\n<p class=\"p1\">\u5178\u578b\u60c5\u51b5\uff1a<\/p>\n\n\n\n<p class=\"p4\">\u80a1\u5e02 \u5148\u8dcc VIX \u6ede\u540e\u51b2\u9ad8 \u771f\u6b63\u5e95\u90e8 = \ud83d\udc49 \u80a1\u4ef7\u4e0d\u518d\u521b\u65b0\u4f4e + VIX \u5f00\u59cb\u56de\u843d<\/p>\n\n\n\n<p class=\"p4\">\u516d\u3001\u628a VIX \u7528\u5230\u4f60\u7684\u7ec4\u5408\u91cc\uff08\u91cd\u70b9\uff09<\/p>\n\n\n\n<p class=\"p1\">\u7ed3\u5408\u4f60\u73b0\u5728\u7684\u7ec4\u5408\uff08SPY + NVDA + GOOG + \u73b0\u91d1\uff09\uff0c\u6b63\u786e\u7528\u6cd5\u662f\uff1a<\/p>\n\n\n\n<p class=\"p4\">\u2705 1\ufe0f\u20e3 \u5224\u65ad\u201c\u80fd\u4e0d\u80fd\u7528\u73b0\u91d1\u201d<\/p>\n\n\n\n<p class=\"p4\">VIX &lt; 15 \ud83d\udc49 \u4e0d\u6025\u7740\u52a0\u4ed3\uff08\u98ce\u9669\u4fbf\u5b9c\uff09 VIX 20\u201325 \ud83d\udc49 \u53ef\u4ee5\u5f00\u59cb\u5c0f\u989d\u8bd5\u63a2 VIX &gt; 30 \ud83d\udc49 \u5fc5\u987b\u52c7\u6562\uff0c\u4f46\u8981\u5206\u6279<\/p>\n\n\n\n<p class=\"p4\">\u2705 2\ufe0f\u20e3 \u5224\u65ad\u201c\u8be5\u4e0d\u8be5\u4fdd\u62a4\u201d<\/p>\n\n\n\n<p class=\"p4\">VIX &lt; 13 \u4f46\u80a1\u4ef7\u521b\u65b0\u9ad8 \ud83d\udc49 \u8c28\u614e\uff08\u5e02\u573a\u592a\u677e\uff09 VIX \u4e0a\u5347 + \u6307\u6570\u7834\u4f4d \ud83d\udc49 \u8fd9\u662f\u9632\u5b88\u4fe1\u53f7<\/p>\n\n\n\n<p class=\"p4\">\u4e03\u3001\u4f60\u8981\u7262\u8bb0\u7684 3 \u6761\u201c\u5b9e\u6218\u771f\u7ecf\u201d<\/p>\n\n\n\n<p class=\"p1\">1\ufe0f\u20e3 VIX \u662f\u98ce\u9669\u6e29\u5ea6\u8ba1\uff0c\u4e0d\u662f\u65b9\u5411\u9884\u6d4b\u5668<\/p>\n\n\n\n<p class=\"p1\">2\ufe0f\u20e3 \u6570\u503c\u91cd\u8981\uff0c\u4f46\u201c\u7a81\u7136\u62c9\u5347\u201d\u66f4\u91cd\u8981<\/p>\n\n\n\n<p class=\"p1\">3\ufe0f\u20e3 VIX \u9ad8\uff0c\u662f\u7ed9\u957f\u671f\u6295\u8d44\u8005\u53d1\u52c7\u6c14\u7684<\/p>\n\n\n\n<p class=\"p4\">\u516b\u3001\u7ed9\u4f60\u4e00\u4e2a\u53ef\u4ee5\u76f4\u63a5\u7528\u7684\u201c\u50bb\u74dc\u89c4\u5219\u201d<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u5f53 VIX &gt; 30 \u65f6\uff0c\u53ea\u5141\u8bb8\u4f60\u505a\u4e24\u4ef6\u4e8b\uff1a<\/p>\n<\/blockquote>\n\n\n\n<p class=\"p4\">\u5206\u6279\u4e70 \u4ec0\u4e48\u90fd\u522b\u5356<\/p>\n\n\n\n<p class=\"p1\">\u5982\u679c\u4f60\u613f\u610f\uff0c\u4e0b\u4e00\u6b65\u6211\u53ef\u4ee5\u76f4\u63a5\u5e2e\u4f60\u505a\uff1a<\/p>\n\n\n\n<p class=\"p4\">\ud83d\udd39 VIX + SPY \u6280\u672f\u4f4d + \u73b0\u91d1\u6bd4\u4f8b \u7684\u52a0\u4ed3\u8868 \ud83d\udd39 VIX \u5bf9 NVDA \/ GOOG \u7684\u5386\u53f2\u56de\u64a4\u5bf9\u7167 \ud83d\udd39 \u4e3a\u4ec0\u4e48 2020 \/ 2022 VIX \u7ed9\u7684\u4fe1\u53f7\u5b8c\u5168\u4e0d\u540c<\/p>\n\n\n\n<p class=\"p1\">\u4f60\u9009\u4e00\u4e2a\uff0c\u6211\u7ed9\u4f60\u76f4\u63a5\u53ef\u6267\u884c\u7684\u7248\u672c\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8fd9\u662f\u4e2a\u5fc5\u987b\u5403\u900f\u7684\u6307\u6807\uff0c\u5f88\u591a\u4eba\u5929\u5929\u770b\u5374\u6ca1\u771f\u6b63\u7406\u89e3\u3002 \u6211\u7528\u4eba\u8bdd + \u6295\u8d44\u53ef\u7528\u89c4\u5219\u7ed9\u4f60\u8bb2\u6e05\u695a\u3002 \u4e00\u3001VIX \u662f\u4ec0\u4e48\uff08&#8230; <\/p>\n<div class=\"read-more navbutton\"><a href=\"https:\/\/t.n-years.com\/?p=7000\">\u9605\u8bfb\u66f4\u591a<i class=\"fa fa-angle-double-right\"><\/i><\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[162],"tags":[],"class_list":["post-7000","post","type-post","status-publish","format-standard","hentry","category-162"],"_links":{"self":[{"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/posts\/7000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/t.n-years.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7000"}],"version-history":[{"count":1,"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/posts\/7000\/revisions"}],"predecessor-version":[{"id":7001,"href":"https:\/\/t.n-years.com\/index.php?rest_route=\/wp\/v2\/posts\/7000\/revisions\/7001"}],"wp:attachment":[{"href":"https:\/\/t.n-years.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/t.n-years.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/t.n-years.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}