WestKai
2021-06-08
To the mooon
AMC, Other Meme Stocks Turn Options Market Upside Down<blockquote>AMC 和其他模因股票使期权市场天翻地覆</blockquote>
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The once-obscure corner of the market has boomed this year like never before, with many new investors trying their hands during the pandemic shutdowns.</p><p><blockquote>股市热潮与期权交易的疯狂同时发生——期权合约允许投资者押注股票价格变动或保护其投资组合。这个曾经默默无闻的市场角落今年以前所未有的方式蓬勃发展，许多新投资者在疫情关闭期间尝试投资。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f595961ae3a3f5921e940d0e245ab0aa\" tg-width=\"319\" tg-height=\"420\" referrerpolicy=\"no-referrer\">The complicated contracts can be risky to use but have mushroomed into a feature of the meme mania this year. Some individual investors have said that they aredrawn to the thrillof options trading, happy to take on higher risks for the prospect of big payouts. They have used the bets to turbocharge their positions, eager to ride the relentless momentum in stocks like GameStop and AMC.</p><p><blockquote>这些复杂的合同使用起来可能有风险，但已经迅速成为今年迷因狂热的一个特征。一些个人投资者表示，他们被期权交易的刺激所吸引，乐于为巨额回报的前景承担更高的风险。他们利用赌注来增强自己的头寸，渴望借助游戏驿站和 AMC 等股票的持续势头。</blockquote></p><p>Call options, which allow investors the right to purchase stocks at a set price in the future, have recorded particularly heavy trading. Internet traders and others have favored them for making bullish bets in pursuit of mammoth gains. Their relatively low cost—with just one contract covering 100 shares—has lured many into the market, with activity rising to a fever pitch in recent sessions.</p><p><blockquote>看涨期权期权允许投资者在未来以固定价格购买股票，交易量特别大。互联网交易员和其他人青睐他们，因为他们为了追求巨额利润而进行看涨押注。它们相对较低的成本——只有一份合约涵盖 100 股——吸引了许多人进入市场，最近几个交易日的活动达到了狂热的程度。</blockquote></p><p>Traders last week spent $11.6 billion on options contracts tied to AMC, more than on the SPDR S&P 500 ETF Trust, Invesco QQQ Trust and Tesla Inc. combined, according toCboe Global Marketsdata. Options on those stocks are typically among the market’s most popular.</p><p><blockquote>根据京东方全球市场数据，交易员上周在与 AMC 相关的期权合约上花费了 116 亿美元，超过了 SPDR 标普500 ETF 信托、景顺 QQQ 信托和特斯拉公司的总和。这些股票的期权通常是市场上最受欢迎的期权之一。</blockquote></p><p>The recent activity in meme stock options underscores investors’ fear of missing out on the surges. Many traders were positioning for even greater gains in AMC shares. The stock soared 83% last week, surpassing its record hit six years ago. Some of the most popular options contracts on AMC have been bullish calls pegged to shares jumping to $145 or $100.</p><p><blockquote>最近备忘录股票期权的活跃度凸显了投资者担心错过大涨的机会。许多交易员预计 AMC 股票将上涨更多。该股上周飙升 83%，超过了六年前的创纪录水平。AMC 上一些最受欢迎的期权合约是看涨评级，与股价跃升至 145 美元或 100 美元挂钩。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8abe3eaccc4237bfb46889ef3d07e51b\" tg-width=\"331\" tg-height=\"430\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/59e2e6b2c8e0a31c64a805bbe095f883\" tg-width=\"359\" tg-height=\"421\" referrerpolicy=\"no-referrer\">The stock surged another 15% Monday to start the week and settled at $55, bringing gains for the year to 2494%. Other retail favorites such as GameStop,BlackBerryLtd.andKossCorp.also rallied.</p><p><blockquote>该股本周初又飙升 15%，收于 55 美元，年内涨幅达到 2494%。GameStop、BlackBerryLtd.和KossCorp.等其他零售商也上涨。</blockquote></p><p>“The perceived risk is not that AMC is going to go down to $10. The risk that everybody is worried about is AMC going up to $1000,” said Henry Schwartz, head of product intelligence at Cboe Global Markets. “It does kind of challenge all the normal assumptions that especially professionals tend to make.”</p><p><blockquote>“芝加哥期权交易所全球市场产品情报主管亨利-施瓦茨（Henry Schwartz）说：”人们认为的风险并不是 AMC 会跌至 10 美元。每个人都担心的风险是 AMC 会涨到 1000 美元。“它确实挑战了所有正常的假设，尤其是专业人士往往会做出的假设”。</blockquote></p><p>The options-trading activity at times canstoke bigger moves in the shares themselves, traders say, exacerbating swings. The intense activity in meme stocks has also overturned dynamics within the world of options and volatility trading.</p><p><blockquote>交易员表示，期权交易活动有时会导致股票本身出现更大波动，从而加剧波动。模因股票的激烈活动也颠覆了期权和波动率交易领域的动态。</blockquote></p><p>Market volatility is a key input to pricing options. The higher the volatility, the pricier options can be: If a stock is recording more extreme swings, that increases the chances the options will pay out. Implied volatility, a measure of how turbulent traders expect stocks to be over a given time frame, typically drops as stocks go up,and climbs when they fall.</p><p><blockquote>市场波动性是期权定价的关键输入。波动性越高，期权的价格就越高：如果股票出现更极端的波动，期权支付的机会就会增加。隐含波动率是衡量交易者在给定时间范围内预期股票动荡程度的指标，通常在股票上涨时下降，在股票下跌时上升。</blockquote></p><p>Some of the meme stocks have defied those expectations. As AMC share prices hit a record last week, implied volatility for the stock jumped to the highest level in around four months, according to Susquehanna Financial Group. Meanwhile, expected swings in GameStop and BlackBerry hit the highest levels in months—even as the stocks surged.</p><p><blockquote>一些模因股票打破了这些预期。Susquehanna Financial Group 表示，随着 AMC 股价上周创下历史新高，该股隐含波动率跃升至约四个月来的最高水平。与此同时，游戏驿站和黑莓的预期波动达到了几个月来的最高水平——尽管股市飙升。</blockquote></p><p>“If the market crashed tomorrow, would things get quieter or they’d go crazy? Well, they’d get more crazy, that spooks everybody,” Mr. Schwartz said. “What happens in these meme stocks is they also get much more volatile when the stocks go up.”</p><p><blockquote>“如果明天市场崩盘，情况会变得安静，还是会变得疯狂？施瓦茨先生说：”他们会变得更加疯狂，这让每个人都感到害怕。“这些迷因股票的情况是，当股票上涨时，它们的波动性也会大大增加。”</blockquote></p><p>And typically, investors pay more to protect themselves from stock declines than they do for bullish wagers. That hasn’t been the case at times in meme stocks and a handful of other bets over the past year, like some special-purpose acquisition companies, analysts said.</p><p><blockquote>通常情况下，投资者为保护自己免受股市下跌的影响而支付的费用比看涨押注的费用要高。分析师说，在过去的一年里，备忘录股票和其他一些赌注（如一些特殊目的收购公司）有时并非如此。</blockquote></p><p>“These traditional relationships between volatility and stocks have been turned on their heads in meme stocks,” said Chris Murphy, co-head of derivatives strategy at Susquehanna.</p><p><blockquote>“Susquehanna 衍生品策略联席主管克里斯-墨菲（Chris Murphy）说：”波动性与股票之间的这些传统关系在备忘录股票中被颠覆了。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC, Other Meme Stocks Turn Options Market Upside Down<blockquote>AMC 和其他模因股票使期权市场天翻地覆</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC, Other Meme Stocks Turn Options Market Upside Down<blockquote>AMC 和其他模因股票使期权市场天翻地覆</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-08 20:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Flurry of activity in meme-stock options underscores investors’ fear of missing out on surges.Themeteoric rally in meme stockssuch asAMC Entertainment HoldingsInc.AMC14.80%andGameStopCorp.GME12.74%has unleashed a burst of options trading, upending traditional dynamics in the market for stock bets.</p><p><blockquote>模因股票期权的大量活动凸显了投资者对错过股价飙升的担忧。模因股票（如 asAMC Entertainment HoldingsInc.AMC14.80% 和 GamestOpCorp.GME12.74%）的理论反弹引发了期权交易的爆发，颠覆了股票投注市场的传统动态。</blockquote></p><p>The rush into the stocks coincided with frenzied trading for options—contracts that allow investors to bet on price moves in stocks or protect their portfolios. The once-obscure corner of the market has boomed this year like never before, with many new investors trying their hands during the pandemic shutdowns.</p><p><blockquote>股市热潮与期权交易的疯狂同时发生——期权合约允许投资者押注股票价格变动或保护其投资组合。这个曾经默默无闻的市场角落今年以前所未有的方式蓬勃发展，许多新投资者在疫情关闭期间尝试投资。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f595961ae3a3f5921e940d0e245ab0aa\" tg-width=\"319\" tg-height=\"420\" referrerpolicy=\"no-referrer\">The complicated contracts can be risky to use but have mushroomed into a feature of the meme mania this year. Some individual investors have said that they aredrawn to the thrillof options trading, happy to take on higher risks for the prospect of big payouts. They have used the bets to turbocharge their positions, eager to ride the relentless momentum in stocks like GameStop and AMC.</p><p><blockquote>这些复杂的合同使用起来可能有风险，但已经迅速成为今年迷因狂热的一个特征。一些个人投资者表示，他们被期权交易的刺激所吸引，乐于为巨额回报的前景承担更高的风险。他们利用赌注来增强自己的头寸，渴望借助游戏驿站和 AMC 等股票的持续势头。</blockquote></p><p>Call options, which allow investors the right to purchase stocks at a set price in the future, have recorded particularly heavy trading. Internet traders and others have favored them for making bullish bets in pursuit of mammoth gains. Their relatively low cost—with just one contract covering 100 shares—has lured many into the market, with activity rising to a fever pitch in recent sessions.</p><p><blockquote>看涨期权期权允许投资者在未来以固定价格购买股票，交易量特别大。互联网交易员和其他人青睐他们，因为他们为了追求巨额利润而进行看涨押注。它们相对较低的成本——只有一份合约涵盖 100 股——吸引了许多人进入市场，最近几个交易日的活动达到了狂热的程度。</blockquote></p><p>Traders last week spent $11.6 billion on options contracts tied to AMC, more than on the SPDR S&P 500 ETF Trust, Invesco QQQ Trust and Tesla Inc. combined, according toCboe Global Marketsdata. Options on those stocks are typically among the market’s most popular.</p><p><blockquote>根据京东方全球市场数据，交易员上周在与 AMC 相关的期权合约上花费了 116 亿美元，超过了 SPDR 标普500 ETF 信托、景顺 QQQ 信托和特斯拉公司的总和。这些股票的期权通常是市场上最受欢迎的期权之一。</blockquote></p><p>The recent activity in meme stock options underscores investors’ fear of missing out on the surges. Many traders were positioning for even greater gains in AMC shares. The stock soared 83% last week, surpassing its record hit six years ago. Some of the most popular options contracts on AMC have been bullish calls pegged to shares jumping to $145 or $100.</p><p><blockquote>最近备忘录股票期权的活跃度凸显了投资者担心错过大涨的机会。许多交易员预计 AMC 股票将上涨更多。该股上周飙升 83%，超过了六年前的创纪录水平。AMC 上一些最受欢迎的期权合约是看涨评级，与股价跃升至 145 美元或 100 美元挂钩。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8abe3eaccc4237bfb46889ef3d07e51b\" tg-width=\"331\" tg-height=\"430\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/59e2e6b2c8e0a31c64a805bbe095f883\" tg-width=\"359\" tg-height=\"421\" referrerpolicy=\"no-referrer\">The stock surged another 15% Monday to start the week and settled at $55, bringing gains for the year to 2494%. Other retail favorites such as GameStop,BlackBerryLtd.andKossCorp.also rallied.</p><p><blockquote>该股本周初又飙升 15%，收于 55 美元，年内涨幅达到 2494%。GameStop、BlackBerryLtd.和KossCorp.等其他零售商也上涨。</blockquote></p><p>“The perceived risk is not that AMC is going to go down to $10. The risk that everybody is worried about is AMC going up to $1000,” said Henry Schwartz, head of product intelligence at Cboe Global Markets. “It does kind of challenge all the normal assumptions that especially professionals tend to make.”</p><p><blockquote>“芝加哥期权交易所全球市场产品情报主管亨利-施瓦茨（Henry Schwartz）说：”人们认为的风险并不是 AMC 会跌至 10 美元。每个人都担心的风险是 AMC 会涨到 1000 美元。“它确实挑战了所有正常的假设，尤其是专业人士往往会做出的假设”。</blockquote></p><p>The options-trading activity at times canstoke bigger moves in the shares themselves, traders say, exacerbating swings. The intense activity in meme stocks has also overturned dynamics within the world of options and volatility trading.</p><p><blockquote>交易员表示，期权交易活动有时会导致股票本身出现更大波动，从而加剧波动。模因股票的激烈活动也颠覆了期权和波动率交易领域的动态。</blockquote></p><p>Market volatility is a key input to pricing options. The higher the volatility, the pricier options can be: If a stock is recording more extreme swings, that increases the chances the options will pay out. Implied volatility, a measure of how turbulent traders expect stocks to be over a given time frame, typically drops as stocks go up,and climbs when they fall.</p><p><blockquote>市场波动性是期权定价的关键输入。波动性越高，期权的价格就越高：如果股票出现更极端的波动，期权支付的机会就会增加。隐含波动率是衡量交易者在给定时间范围内预期股票动荡程度的指标，通常在股票上涨时下降，在股票下跌时上升。</blockquote></p><p>Some of the meme stocks have defied those expectations. As AMC share prices hit a record last week, implied volatility for the stock jumped to the highest level in around four months, according to Susquehanna Financial Group. Meanwhile, expected swings in GameStop and BlackBerry hit the highest levels in months—even as the stocks surged.</p><p><blockquote>一些模因股票打破了这些预期。Susquehanna Financial Group 表示，随着 AMC 股价上周创下历史新高，该股隐含波动率跃升至约四个月来的最高水平。与此同时，游戏驿站和黑莓的预期波动达到了几个月来的最高水平——尽管股市飙升。</blockquote></p><p>“If the market crashed tomorrow, would things get quieter or they’d go crazy? Well, they’d get more crazy, that spooks everybody,” Mr. Schwartz said. “What happens in these meme stocks is they also get much more volatile when the stocks go up.”</p><p><blockquote>“如果明天市场崩盘，情况会变得安静，还是会变得疯狂？施瓦茨先生说：”他们会变得更加疯狂，这让每个人都感到害怕。“这些迷因股票的情况是，当股票上涨时，它们的波动性也会大大增加。”</blockquote></p><p>And typically, investors pay more to protect themselves from stock declines than they do for bullish wagers. That hasn’t been the case at times in meme stocks and a handful of other bets over the past year, like some special-purpose acquisition companies, analysts said.</p><p><blockquote>通常情况下，投资者为保护自己免受股市下跌的影响而支付的费用比看涨押注的费用要高。分析师说，在过去的一年里，备忘录股票和其他一些赌注（如一些特殊目的收购公司）有时并非如此。</blockquote></p><p>“These traditional relationships between volatility and stocks have been turned on their heads in meme stocks,” said Chris Murphy, co-head of derivatives strategy at Susquehanna.</p><p><blockquote>“Susquehanna 衍生品策略联席主管克里斯-墨菲（Chris Murphy）说：”波动性与股票之间的这些传统关系在备忘录股票中被颠覆了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/amc-other-meme-stocks-turn-options-market-upside-down-11623144602?mod=hp_lead_pos2\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF","GME":"游戏驿站","AMC":"AMC院线",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/amc-other-meme-stocks-turn-options-market-upside-down-11623144602?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190015891","content_text":"Flurry of activity in meme-stock options underscores investors’ fear of missing out on surges.Themeteoric rally in meme stockssuch asAMC Entertainment HoldingsInc.AMC14.80%andGameStopCorp.GME12.74%has unleashed a burst of options trading, upending traditional dynamics in the market for stock bets.The rush into the stocks coincided with frenzied trading for options—contracts that allow investors to bet on price moves in stocks or protect their portfolios. The once-obscure corner of the market has boomed this year like never before, with many new investors trying their hands during the pandemic shutdowns.The complicated contracts can be risky to use but have mushroomed into a feature of the meme mania this year. Some individual investors have said that they aredrawn to the thrillof options trading, happy to take on higher risks for the prospect of big payouts. They have used the bets to turbocharge their positions, eager to ride the relentless momentum in stocks like GameStop and AMC.Call options, which allow investors the right to purchase stocks at a set price in the future, have recorded particularly heavy trading. Internet traders and others have favored them for making bullish bets in pursuit of mammoth gains. Their relatively low cost—with just one contract covering 100 shares—has lured many into the market, with activity rising to a fever pitch in recent sessions.Traders last week spent $11.6 billion on options contracts tied to AMC, more than on the SPDR S&P 500 ETF Trust, Invesco QQQ Trust and Tesla Inc. combined, according toCboe Global Marketsdata. Options on those stocks are typically among the market’s most popular.The recent activity in meme stock options underscores investors’ fear of missing out on the surges. Many traders were positioning for even greater gains in AMC shares. The stock soared 83% last week, surpassing its record hit six years ago. Some of the most popular options contracts on AMC have been bullish calls pegged to shares jumping to $145 or $100.The stock surged another 15% Monday to start the week and settled at $55, bringing gains for the year to 2494%. Other retail favorites such as GameStop,BlackBerryLtd.andKossCorp.also rallied.“The perceived risk is not that AMC is going to go down to $10. The risk that everybody is worried about is AMC going up to $1000,” said Henry Schwartz, head of product intelligence at Cboe Global Markets. “It does kind of challenge all the normal assumptions that especially professionals tend to make.”The options-trading activity at times canstoke bigger moves in the shares themselves, traders say, exacerbating swings. The intense activity in meme stocks has also overturned dynamics within the world of options and volatility trading.Market volatility is a key input to pricing options. The higher the volatility, the pricier options can be: If a stock is recording more extreme swings, that increases the chances the options will pay out. Implied volatility, a measure of how turbulent traders expect stocks to be over a given time frame, typically drops as stocks go up,and climbs when they fall.Some of the meme stocks have defied those expectations. As AMC share prices hit a record last week, implied volatility for the stock jumped to the highest level in around four months, according to Susquehanna Financial Group. Meanwhile, expected swings in GameStop and BlackBerry hit the highest levels in months—even as the stocks surged.“If the market crashed tomorrow, would things get quieter or they’d go crazy? Well, they’d get more crazy, that spooks everybody,” Mr. Schwartz said. “What happens in these meme stocks is they also get much more volatile when the stocks go up.”And typically, investors pay more to protect themselves from stock declines than they do for bullish wagers. That hasn’t been the case at times in meme stocks and a handful of other bets over the past year, like some special-purpose acquisition companies, analysts said.“These traditional relationships between volatility and stocks have been turned on their heads in meme stocks,” said Chris Murphy, co-head of derivatives strategy at Susquehanna.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,"GME":0.9,"AMC":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":946,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":10,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/117482163"}
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