一图看懂 | 这才是美股的真正风险！
日内到期的短期期权（0DTE）交易量迅速上升，意味着 “恐慌指数” VIX 等传统指标低估了市场潜在不稳定性的真实程度！
如图所示，标普 500 指数 0DTE 隐含波动率远高于 3 个月到期的较长期期权波动率。
这也就是说，投资者单单关注衡量市场对标普 500 指数未来 30 天隐含波动率预期的 VIX 等指标已经不够了。考虑到 0DTE 交易正在带来更大更频繁的日内波动，即便长期波动率相对较低并保持低迷，也并不代表市场潜在风险较低。
Source: LB Select The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Like