机构投资者的关注点:如何交易美股的波动性

华尔街见闻
12 May

4月的美股动荡渐渐平息,但在特朗普政策的不确定下,投资者面临关键抉择:如何为突如其来的冲击做好准备。 衍生品策略师普遍认为,尽管来自收益型ETF和其他基金的定期期权抛售将整体抑制波动性,但类似去年8月5日那样的短期冲击仍将频繁出现。 对投资者而言,最佳对冲方式可能归结为他们目前偏好哪个:Gamma 还是 Vega。 同时,还有策略师考虑VKO、QIS等另类工具,欧洲市场也有尾部风险保护。分析认为,...

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