{"id":63756,"date":"2020-10-20T03:20:42","date_gmt":"2020-10-20T03:20:42","guid":{"rendered":"https:\/\/www.zfx.com\/academy\/vix-%e6%81%90%e6%85%8c%e6%8c%87%e6%95%b8\/"},"modified":"2020-11-04T03:47:56","modified_gmt":"2020-11-04T03:47:56","slug":"zfx2020102065239","status":"publish","type":"academy","link":"https:\/\/www.zfx.com\/zh-hans\/academy\/zfx2020102065239\/","title":{"rendered":"VIX \u6050\u614c\u6307\u6570 \u80fd\u6709\u6548\u9884\u6d4b\u80a1\u707e\u5417\uff1f"},"content":{"rendered":"<p><span>VIX<\/span>\u6307\u6570\uff0c\u5168\u540d\u4e3a<span>The CBOE Volatility Index<\/span>\uff0c\u4e2d\u6587\u4e3a\u300c\u829d\u52a0\u54e5\u9009\u62e9\u6743\u4ea4\u6613\u6240\u6ce2\u52a8\u7387\u6307\u6570\u300d\uff0c\u662f\u7531\u829d\u52a0\u54e5\u671f\u6743\u4ea4\u6613\u6240\u4e8e<span>1993<\/span>\u5e74\u65f6\u521b\u7acb\uff0c\u4ee5\u5f53\u65f6\u7f8e\u56fd\u4e09\u5927\u80a1\u6307\u4e4b\u4e00\u7684<span> S&amp;P100* <\/span>\u7684\u671f\u6743\u4ef7\u683c\u4e3a\u4f9d\u636e\uff0c\u8ba1\u7b97\u9690\u542b\u6ce2\u52a8\u7387\u540e\uff0c\u518d\u7ecf\u8fc7\u52a0\u6743\u5e73\u5747\u6240\u5f97\u7684\u6307\u9488\u3002\u7531\u4e8e<span>VIX<\/span>\u6307\u6570\u53ef\u4ee5\u8861\u91cf\u5e02\u573a\u60c5\u7eea\u4e0e\u9884\u4f30\u98ce\u9669\uff0c\u56e0\u6b64\u4e5f\u79f0\u4e3a\u300c\u6050\u614c\u6307\u6570\u300d\u3002<\/p>\n<p>\u672c\u6587\u5c06\u4ecb\u7ecd<span> VIX<\/span>\u6307\u6570\u4e0e\u7f8e\u80a1\u80a1\u5e02\u8868\u73b0\u7684\u5173\u8054\uff0c\u4ee5\u53ca\u5bf9\u6295\u8d44\u8005\u7684\u7528\u5904\u3002<\/p>\n<p><em>*S&amp;P100<\/em><em>\u4e8e<span>2003<\/span>\u5e74\u6539\u540d\u4e3a<span>S&amp;P500<\/span>\uff0c\u5373\u6807\u51c6\u666e\u5c14<span>500<\/span>\u6307\u6570<\/em><\/p>\n<h3><span style=\"color: #0055a5\"><strong>\u4e00\u3001VIX\u6307\u6570\u53c8\u79f0\u6050\u614c\u6307\u6570\uff1f<\/strong><\/span><\/h3>\n<p><span>VIX<\/span>\u6307\u6570\u7684\u8ba1\u7b97\u662f\u4ee5<span>S&amp;P500<\/span>\u6307\u6570\u4e3a\u57fa\u51c6\uff0c\u6839\u636e\u672c\u5468\u4ee5\u53ca<span>S&amp;P500<\/span>\u6307\u6570\u7684<strong>\u671f\u6743<span>*<\/span><\/strong>\u4ef7\u683c\uff0c\u548c\u5176\u9690\u542b\u6ce2\u52a8\u7387\u7684\u6c34\u5e73\u8ba1\u7b97\uff0c\u4e5f\u5c31\u662f<span>S&amp;P500<\/span>\u8fd1\u6708\u548c\u6b21\u6708\u7684\u8ba4\u8d2d\u4e0e\u8ba4\u552e\u671f\u6743\u4ef7\u683c\u8ba1\u7b97\u5f97\u51fa\uff0c\u7528\u6765\u9884\u6d4b\u672a\u6765<span>30<\/span>\u65e5\u7684\u5e02\u573a\u6ce2\u52a8\u6027\u3002<\/p>\n<p><em>*<\/em><em>\u671f\u6743\u662f\u4e00\u79cd\u5b9a\u671f\u7684\u5408\u7ea6\uff0c\u5408\u7ea6\u4e2d\u7684\u4e70\u65b9\u6709\u6743\u5728\u672a\u6765\u7ea6\u597d\u7684\u65f6\u8282\u70b9\uff0c\u4ee5\u9884\u5b9a\u7684\u4ef7\u683c\u4e70\u8fdb\u3001\u6216\u5356\u51fa\u6807\u7684\u7269\u3002\u56e0\u6b64\uff0c\u671f\u6743\u7684\u4ef7\u683c\u5347\u8dcc\uff0c\u663e\u793a\u51fa\u672a\u6765\u6295\u8d44\u8005\u613f\u610f\u4ed8\u51fa\u591a\u5c11\u6210\u672c\uff0c\u6765\u5bf9\u51b2\u6240\u6295\u6807\u7684\u7269\u7684\u98ce\u9669\uff0c\u5e02\u573a\u5c31\u53ef\u4ee5\u900f\u8fc7\u8fd9\u4e9b\u6570\u636e\u5206\u6790\u5e02\u51b5\u3002<\/em><\/p>\n<p>\u4e0b\u4e3a<span>VIX<\/span>\u6307\u6570\u516c\u5f0f\uff1a<\/p>\n<p><img decoding=\"async\" width=\"390\" height=\"117\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-172.png\" class=\"wp-image-63584\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-172-300x90.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-172.png 390w\" sizes=\"(max-width: 390px) 100vw, 390px\" \/><\/p>\n<p>\u56e0\u5176\u8ba1\u7b97\u65b9\u5f0f\u5341\u5206\u590d\u6742\uff0c\u8fd9\u91cc\u5148\u4e0d\u4f5c\u63a2\u8ba8\uff0c\u53cd\u800c\u4e86\u89e3<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u4e0e<span lang=\"EN-US\">S&amp;P500<\/span>\u6307\u6570\u5448\u76f8\u53cd\u8868\u73b0\u7684\u539f\u56e0\u662f\u76f8\u5bf9\u91cd\u8981\u7684\u3002<\/p>\n<p><span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u80fd\u591f\u4ee3\u8868\u5927\u90e8\u5206\u6295\u8d44\u8005\u5bf9\u672a\u6765\u884c\u60c5\u8d70\u5411\u7684\u770b\u6cd5\uff0c\u9884\u6d4b\u5e02\u573a\u8d8b\u52bf\u53d8\u5316\u3002\u56e0\u6b64\u5f53<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u6570\u503c\u53d8\u5927\u65f6\uff0c\u8868\u793a\u5e02\u573a\u672a\u6765\u6ce2\u52a8\u5c06\u53d8\u5927\uff0c\u80a1\u5e02\u53ef\u80fd\u4f1a\u51fa\u73b0\u4e0d\u786e\u5b9a\u56e0\u7d20\uff1b\u5f53<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u6570\u503c\u53d8\u5c0f\u65f6\uff0c\u8868\u793a\u5e02\u573a\u540e\u5411\u6ce2\u52a8\u7a33\u5b9a\uff0c\u80a1\u5e02\u53ef\u80fd\u4e0d\u4f1a\u51fa\u73b0\u5927\u5e45\u5ea6\u4e0a\u843d\u3002<\/p>\n<h3><span style=\"color: #0055a5\"><strong>\u4e8c\u3001VIX\u6307\u6570\u6570\u503c\u57fa\u672c\u610f\u4e49<\/strong><\/span><\/h3>\n<p><span>VIX<\/span>\u6307\u6570\u4e0a\u66f4\u6709\u51e0\u4e2a\u5173\u952e\u7684\u6570\u503c\u9700\u8981\u6295\u8d44\u8005\u5173\u6ce8\uff1a<\/p>\n<ul>\n<li>\u5f53<span>VIX<\/span>\u6307\u6570<strong>\u4f4e\u4e8e<\/strong><strong>20<\/strong>\u65f6\uff0c\u8868\u660e\u6295\u8d44\u8005\u5bf9\u80a1\u5e02\u7684\u672a\u6765\u6bd4\u8f83<strong>\u4e50\u89c2<\/strong>\uff0c\u8ba4\u4e3a\u540e\u7eed\u8d70\u52bf\u76f8\u5bf9\u5e73\u7a33\uff0c\u5bf9\u81ea\u5df1\u6240\u6301\u4ed3\u4f4d\u5c06\u4e0d\u4f1a\u4ea7\u751f\u8f83\u5927\u7684\u5f71\u54cd\u3002<\/li>\n<li>\u5f53<span>VIX<\/span>\u6307\u6570<strong>\u9ad8\u4e8e<\/strong><strong>30<\/strong>\u65f6\uff0c\u8868\u660e\u6295\u8d44\u8005\u5bf9\u80a1\u5e02\u7684\u672a\u6765\u6bd4\u8f83<strong>\u60b2\u89c2<\/strong>\uff0c\u8ba4\u4e3a\u540e\u7eed\u8d70\u52bf\u5c06\u51fa\u73b0\u8f83\u5927\u6ce2\u52a8\uff0c\u81ea\u5df1\u6240\u6301\u4ed3\u4f4d\u53ef\u80fd\u4f1a\u53d7\u5230\u6ce2\u53ca\u3002<\/li>\n<\/ul>\n<p>\u5728\u6781\u7aef\u884c\u60c5\u4e2d\uff0c<span>VIX<\/span>\u6307\u6570\u4e5f\u4f1a\u51fa\u73b0\u4e00\u4e9b\u504f\u9ad8\u6216\u662f\u504f\u4f4e\u7684\u6570\u503c\uff0c\u6bd4\u5982\u5728\u80a1\u707e\u65f6\u51fa\u73b0\u7684\u6050\u614c\u6027\u629b\u552e\uff0c\u6216\u662f\u5927\u725b\u5e02\u4e2d\u6295\u8d44\u8005\u76f2\u76ee\u8fdb\u573a\u8ffd\u6da8\u3002\u5728\u8fd9\u4e24\u79cd\u6781\u7aef\u7684\u5e02\u573a\u60c5\u7eea\u4e0e\u5355\u8fb9\u884c\u60c5\u65f6\uff0c\u9700\u8981\u7279\u522b\u6ce8\u610f<span>15<\/span>\u4e0e<span>40<\/span>\u8fd9\u4e24\u4e2a\u6570\u503c\uff1a<\/p>\n<ul>\n<li>\u5f53<span>VIX<\/span>\u6307\u6570\u4f4e\u4e8e<span>15<\/span>\u65f6\uff0c\u8868\u793a\u6295\u8d44\u8005\u5bf9\u80a1\u5e02\u672a\u6765\u884c\u60c5\u8d70\u52bf\u4e50\u89c2\uff0c\u5e02\u573a\u5145\u65a5\u7740\u4e50\u89c2\u60c5\u7eea\u3002\u5728\u6b64\u6ce2\u725b\u5e02\u884c\u60c5\u4e2d\uff0c\u80a1\u4ef7\u4e0d\u65ad\u4e0a\u6da8\uff0c\u4f46\u7406\u6027\u7684\u6295\u8d44\u8005\u8fd9\u65f6\u9700\u8981\u6ce8\u610f\u8fd9\u6216\u662f\u865a\u5047\u7e41\u8363\u7684\u73b0\u8c61\uff0c<strong>\u8b66\u60d5\u5e02\u573a\u53ef\u80fd\u5373\u5c06\u53cd\u8f6c<\/strong>\u3002<\/li>\n<li>\u5f53<span>VIX<\/span>\u6307\u6570\u9ad8\u4e8e<span>40<\/span>\u65f6\uff0c\u8868\u793a\u6295\u8d44\u8005\u5bf9\u80a1\u5e02\u672a\u6765\u884c\u60c5\u8d70\u52bf\u60b2\u89c2\uff0c\u5e02\u573a\u5145\u65a5\u7740\u60b2\u89c2\u60c5\u7eea\u3002\u5728\u6b64\u6ce2\u718a\u5e02\u884c\u60c5\u4e2d\uff0c\u80a1\u4ef7\u4e0d\u65ad\u4e0b\u8dcc\uff0c\u4f46\u806a\u660e\u7684\u6295\u8d44\u8005\u8fd9\u65f6\u9700\u8981\u6ce8\u610f\u8fd9\u6216\u662f\u975e\u7406\u6027\u7684\u6050\u614c\uff0c<strong>\u5e02\u573a\u53ef\u80fd\u5373\u5c06\u9762\u4e34\u53cd\u5f39<\/strong>\u3002<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"499\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/photo_2020-10-20_10-52-02.jpg\" alt=\"\u6b77\u5e74\u91cd\u5927\u4e8b\u4ef6\u8207VIX\u6307\u6578\u8868\u73fe\" class=\"alignnone wp-image-63605 size-full\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/photo_2020-10-20_10-52-02-300x117.jpg 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/photo_2020-10-20_10-52-02-1024x399.jpg 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/photo_2020-10-20_10-52-02-768x299.jpg 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/photo_2020-10-20_10-52-02.jpg 1280w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><br \/>\n<em>\u56fe\u4e00\uff1a\u5386\u5e74\u91cd\u5927\u4e8b\u4ef6\u4e0e<\/em><em>VIX<\/em><em>\u6307\u6570\u8868\u73b0<\/em><\/p>\n<h3><span style=\"color: #0055a5\"><strong>\u4e09\u3001\u6807\u666e500\u6307\u6570\u548cVIX\u6307\u6570\u6709\u4ec0\u4e48\u5173\u7cfb\uff1f<\/strong><\/span><\/h3>\n<p>\u5f53<span>VIX<\/span>\u6307\u6570\u8d8a\u9ad8\u65f6\uff0c\u610f\u5473\u7740\u6295\u8d44\u8005\u5bf9<span>S&amp;P500<\/span>\u7684\u672a\u6765\u8d70\u52bf\u611f\u5230\u4e0d\u5b89\uff1b\u76f8\u53cd\u7684\uff0c\u82e5\u662f\u6307\u6570\u6108\u4f4e\uff0c\u5219\u8868\u793a\u6295\u8d44\u8005\u5bf9<span>S&amp;P500<\/span>\u7684\u672a\u6765\u8d70\u52bf\u611f\u5230\u5b89\u7a33\u3002\u56e0\u6b64<span>VIX<\/span>\u6307\u6570\u5728\u718a\u5e02\u7684\u73af\u5883\u4e2d\uff0c\u6709\u4e0a\u6da8\u7684\u503e\u5411\uff1b\u5728\u725b\u5e02\u7684\u73af\u5883\u4e2d\uff0c<span>VIX<\/span>\u6307\u6570\u5219\u5448\u73b0\u4e0b\u8dcc\u6216\u662f\u7ef4\u6301\u7a33\u5b9a\uff0c\u8fd9\u662f\u56e0\u4e3a<span>VIX<\/span>\u6307\u6570\u662f\u6839\u636e\u9690\u542b\u6ce2\u52a8\u7387\u8ba1\u7b97\u7684\uff0c\u957f\u671f\u770b\u6da8\u7684<span>S&amp;P500<\/span>\u5176\u9690\u542b\u6ce2\u52a8\u7387\u8f83\u4f4e\u3002<\/p>\n<p>\u4e5f\u53ef\u7406\u89e3\u4e3a\uff0c\u5f53<span>S&amp;P500<\/span>\u6307\u6570\u4e0b\u8dcc\u65f6\uff0c\u5c06\u4f7f\u6295\u8d44\u8005\u5bf9\u671f\u6743\u7684\u9700\u6c42\u5f3a\u52b2\uff0c\u770b\u6da8\u7684\u6295\u8d44\u8005\u4e3a\u4e86\u4fdd\u62a4\u6301\u6709\u7684\u4ed3\u4f4d\uff0c\u4e3a\u5176\u6295\u8d44\u7ec4\u5408\u4e70\u5165\u770b\u8dcc\u671f\u6743\uff0c\u4f7f\u9690\u542b\u6ce2\u52a8\u7387\u4e0e<span>VIX<\/span>\u6307\u6570\u4e0a\u5347<strong>\uff1b<\/strong>\u53cd\u4e4b<span>S&amp;P500<\/span>\u6307\u6570\u8d70\u9ad8\u65f6\uff0c\u5bf9\u671f\u6743\u7684\u9700\u6c42\u840e\u9761\uff0c\u9690\u542b\u6ce2\u52a8\u7387\u4e0e<span>VIX<\/span>\u6307\u6570\u4e5f\u968f\u4e4b\u4e0b\u964d\u3002<\/p>\n<p><img decoding=\"async\" width=\"1812\" height=\"708\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173.png\" class=\"wp-image-63593\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173-300x117.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173-1024x400.png 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173-768x300.png 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173-1536x600.png 1536w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/10\/word-image-173.png 1812w\" sizes=\"(max-width: 1812px) 100vw, 1812px\" \/><br \/>\n<em>\u56fe\u4e8c\uff1a\u6807\u666e<\/em><em>500<\/em><em>\u6307\u6570\u4e0e<\/em><em>VIX<\/em><em>\u6307\u6570\u7684\u5173\u8054<\/em><br \/>\n<em><\/em><\/p>\n<p>\u7531\u56fe\u4e2d\u53ef\u4ee5\u5f97\u77e5<span> S&amp;P500<\/span>\u6307\u6570 \u4e0e<span> VIX<\/span>\u6307\u6570 \u8d70\u52bf\u53d8\u5316\u662f<strong>\u5448\u53cd\u5411<\/strong>\u7684\uff0c\u4e24\u8005\u5b58\u5728\u7740\u5f3a\u70c8\u8d1f\u76f8\u5173\u5173\u7cfb\uff0c\u636e\u591a\u5e74\u7edf\u8ba1\uff0c\u4e24\u8005\u8d1f\u76f8\u5173\u6027\u5e73\u5747\u8fbe<span>-80%<\/span>\uff0c\u5728<span>-70%<\/span>\u81f3<span>-90%<\/span>\u533a\u95f4\u3002\u8fd9\u5373\u4ee3\u8868\u7740\uff0c\u80a1\u5e02\u4e0b\u8dcc\u65f6\u5c06\u5bfc\u81f4<span>VIX<\/span>\u6307\u6570\u4e0a\u5347\uff0c\u80a1\u5e02\u4e0a\u6da8\u65f6\u5c06\u5bfc\u81f4<span>VIX<\/span>\u6307\u6570\u4e0b\u8dcc\u3002<\/p>\n<h3><span style=\"color: #0055a5\"><strong>\u56db\u3001\u6050\u614c\u6307\u6570\u5bf9\u6295\u8d44\u8005\u7684\u7528\u5904<\/strong><\/span><\/h3>\n<p><span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u56e0\u5177\u6709\u4e00\u5b9a\u7684\u9886\u5148\u6027\uff0c\u53ef\u4ee5\u9884\u6d4b\u672a\u6765\u5e02\u573a\u8d70\u52bf\u7684\u53d8\u5316\uff0c\u4e0e\u300c\u5b9e\u9645\u6ce2\u52a8\u7387\u300d\u7684\u8ba1\u7b97\u8fc7\u53bb\u4ef7\u683c\u76f8\u53cd\u3002<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u662f\u57fa\u4e8e\u6295\u8d44\u8005\u4e70\u5356\u80a1\u7968\u540e\uff0c\u6240\u613f\u610f\u652f\u4ed8\u7684\u91d1\u989d<span lang=\"EN-US\"> (<\/span>\u9884\u671f\u80a1\u4ef7\u5927\u6da8\u6216\u5927\u8dcc\u65f6\u4f7f\u7528\u671f\u6743\u8fd9\u9879\u5de5\u5177<span lang=\"EN-US\">)<\/span>\uff0c\u6765\u5bf9\u51b2\u81ea\u5df1\u6301\u6709\u7684\u5934\u5bf8\uff0c\u4ece\u800c\u89c4\u907f\u98ce\u9669\uff0c\u56e0\u6b64<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u5bf9\u6295\u8d44\u8005\u800c\u8a00\uff0c\u662f\u4e00\u4e2a\u60c5\u7eea\u4e0a\u7684\u53cd\u6620\uff0c\u4e5f\u53ef\u7528\u4f5c\u5224\u65ad\u540e\u5e02\u7684\u9886\u5148\u6307\u6807\u3002\u5f53\u7136\uff0c<span lang=\"EN-US\">VIX <\/span>\u6307\u6570\u5e76\u4e0d\u53ef\u4ee5\u51c6\u786e\u9884\u6d4b\u8d70\u5411\uff0c\u4f46\u5c31\u80fd\u53cd\u6620\u5f53\u523b\u7684\u5e02\u573a\u6c14\u6c1b\uff0c\u6295\u8d44\u8005\u5c31\u53ef\u4ee5\u4f5c\u51fa\u9002\u5f53\u7684\u98ce\u9669\u7ba1\u7406\uff0c\u5982\u51cf\u4ed3\u751a\u81f3\u5e73\u4ed3\u79bb\u573a\u3002<\/p>\n<p>\u4e00\u822c\u5728\u5927\u5e02\u6025\u8dcc\u65f6\uff0c\u6295\u8d44\u8005\u4f1a\u5feb\u901f\u4e70\u5165\u770b\u8dcc\u671f\u6743\u5bf9\u51b2\u98ce\u9669\uff0c\u63a8\u9ad8<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\uff0c\u8fd9\u5f80\u5f80\u4ee4\u6307\u6570\u5728\u77ed\u65f6\u95f4\u5185\u51fa\u73b0\u9876\u5cf0\u3002\u8fd9\u4e5f\u53ef\u80fd\u662f\u4e00\u4e2a\u9886\u5148\u7684\u8baf\u53f7\uff0c\u5224\u65ad\u6295\u8d44\u8005\u5728\u5f53\u523b\u662f\u5426\u5bf9\u80a1\u5e02\u8fc7\u4efd\u60b2\u89c2\uff0c\u53cd\u5e94\u8fc7\u5ea6\u3002\u4e00\u822c\u800c\u8a00\uff0c\u6307\u6570\u5927\u591a\u4e0d\u80fd\u957f\u671f\u5904\u4e8e\u9ad8\u4f4d\uff0c\u5373\u5e02\u573a\u6700\u7ec8\u53ef\u80fd\u5c31\u8981\u53cd\u5f39\uff0c\u610f\u5473\u6295\u8d44\u8005\u53ef\u5728\u5e02\u573a\u6050\u614c\u65f6\uff0c\u53c2\u8003\u6307\u6570\u5347\u8dcc\u6765\u5bfb\u627e\u5e95\u90e8\u8fdb\u573a\u3002<\/p>\n<p>\u76ee\u524d<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\uff0c\u4ece\u8861\u91cf\u5e02\u573a\u6ce2\u52a8\u6027\u7684\u6307\u6807\uff0c\u5df2\u53d8\u6210\u4e3a\u53ef\u4ee5\u4ea4\u6613\u7684\u6807\u7684\u7269<span lang=\"EN-US\">(2004<\/span>\u5e74<span lang=\"EN-US\">)<\/span>\uff0c\u671f\u95f4\u6709\u66f4\u591a\u4e0e<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u76f8\u5173\u7684\u884d\u751f\u4ea7\u54c1\u51fa\u73b0\uff0c\u8fd9\u4f7f\u5f97\u6295\u8d44\u8005\u53ef\u4ee5\u4ea4\u6613<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u3002\u6b63\u56e0\u5982\u6b64\uff0c<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\u56e0\u4e3a\u53ef\u4ee5\u4ea4\u6613\uff0c\u5c31\u4f7f\u5176\u672c\u8eab\u6ce2\u52a8\u6027\u52a0\u5267\uff0c\u4e5f\u4f1a\u5bfc\u81f4\u5728\u80a1\u5e02\u7684\u9884\u6d4b\u53d8\u5f97\u6ca1\u8fd9\u4e48\u7cbe\u51c6<span lang=\"EN-US\">(<\/span>\u4f8b\u5982\u76f4\u63a5\u5165\u5e02\u770b\u6da8<span lang=\"EN-US\">VIX<\/span>\u6307\u6570\uff0c\u800c\u4e0d\u662f\u8d2d\u5165\u671f\u6743<span lang=\"EN-US\">),<\/span>\u4f46\u5bf9\u5927\u65b9\u5411\u7684\u9884\u671f\u8fd8\u662f\u6709\u4e00\u5b9a\u7684\u53c2\u8003\u4ef7\u503c\u3002<\/p>\n<p>\u2014\u2014<\/p>\n<h5><strong>\u5173\u4e8e<span>\u00a0<\/span><a href=\"https:\/\/www.zfx.com\/zh-hans\/\">ZFX \u5c71\u6d77\u8bc1\u5238<\/a><\/strong><\/h5>\n<ul>\n<li>\u53d7<span>FSA<\/span>\u76d1\u7ba1\uff0c\u8363\u83b7<span>\u00a0Financial Weekly 2019<\/span>\u5e74 \u6700\u4f73\u4ea4\u6613\u5e73\u53f0<\/li>\n<li>\u63d0\u4f9b<span>100+\u00a0<\/span>\u79cd\u4ea4\u6613\u4ea7\u54c1\uff0c\u5305\u62ec<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/forex\/\"><span>\u5916\u6c47<\/span><\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/shares\/\"><span>\u80a1\u7968<\/span><\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/indices\/\"><span>\u6307\u6570<\/span><\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/commodities\/\"><span>\u9ec4\u91d1<\/span><\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/commodities\/\"><span>\u539f\u6cb9<\/span><\/a><\/strong>\u7b49<\/li>\n<li>\u4e09\u79cd<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/accounts\/\"><span>\u4ea4\u6613\u5e10\u6237<\/span><\/a><\/strong>\uff0c\u6ee1\u8db3\u4e0d\u540c\u5ba2\u6237\u7684\u6295\u8d44\u9700\u6c42<\/li>\n<li>\u96f6\u4f63\u91d1\u3001\u4f4e\u4ef7\u5dee\uff0c\u6760\u6746\u7387\u9ad8\u8fbe<span>1 : 2000<\/span><\/li>\n<li>\u5f3a\u5927\u7684\u4ea4\u6613\u7cfb\u7edf\uff0c\u6bcf\u79d2\u6267\u884c<span>50,000<\/span>\u8ba2\u5355<\/li>\n<li>\u6700\u4f4e\u5165\u91d1<span>50<\/span>\u7f8e\u91d1\u5373\u53ef\u5f00\u6237<\/li>\n<li><span>24<\/span>\u5c0f\u65f6<strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/about-zfx\/contact-us\/\"><span>\u4e2d\u6587\u5ba2\u6237\u670d\u52a1<\/span><\/a><\/strong><\/li>\n<\/ul>\n<ul><\/ul>\n<p><a href=\"https:\/\/my.zfx.com\/zh\/reg\/truely\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/08\/start-trading-tc.jpg\" alt=\"\" width=\"130\" height=\"48\" class=\"alignnone wp-image-53444 size-full\" \/><\/a><\/p>\n<hr \/>\n<ul><\/ul>\n<p><strong>\u98ce\u9669\u63d0\u793a<span>:<\/span>\u4ee5\u4e0a\u5185\u5bb9\u4ec5\u4f9b\u53c2\u8003\uff0c\u4e0d\u4ee3\u8868<span>ZFX<\/span>\u7acb\u573a\uff0c<span>ZFX<\/span>\u4e0d\u627f\u62c5\u6839\u636e\u672c\u6587\u6240\u8fdb\u884c\u4efb\u4f55\u4e70\u5356\u64cd\u4f5c\u800c\u5bfc\u81f4\u7684\u4efb\u4f55\u5f62\u5f0f\u635f\u5931\u3002\u8bf7\u575a\u5b9a\u81ea\u5df1\u7684\u601d\u8def\uff0c\u505a\u597d\u76f8\u5e94\u98ce\u9669\u63a7\u5236\u3002<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIX\u6307\u6570\u53ef\u4ee5\u8861\u91cf\u5e02\u573a\u60c5\u7eea\u4e0e\u9884\u4f30\u98ce\u9669\uff0c\u56e0\u6b64\u88ab\u79f0\u4e3a\u300c\u6050\u614c\u6307\u6570\u300d\u3002\u672c\u6587\u5c06\u4ecb\u7ecd VIX\u6307\u6570\u4e0e\u7f8e\u80a1\u80a1\u5e02\u8868\u73b0\u7684\u5173\u8054\uff0c\u4ee5\u53ca\u5bf9\u6295\u8d44\u8005\u7684\u7528\u5904\u3002<\/p>\n","protected":false},"author":87,"featured_media":63618,"template":"","academy_categories":[11228],"academy_tags":[],"class_list":["post-63756","academy","type-academy","status-publish","has-post-thumbnail","hentry","academy_categories-technical-indicators-zh"],"acf":[],"current_lang":"zh-hans","_links":{"self":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/academy\/63756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/academy"}],"about":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/types\/academy"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/users\/87"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/academy\/63756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/media\/63618"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=63756"}],"wp:term":[{"taxonomy":"academy_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/academy_categories?post=63756"},{"taxonomy":"academy_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/academy_tags?post=63756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}