+关注
耐心and现金
暂无个人介绍
IP属地：河北
113
关注
0
粉丝
1
主题
0
勋章
主贴
热门
耐心and现金
10-06 21:33
$NIO 20251024 6.0 CALL$
耐心and现金
09-29
$NIO 20251024 6.0 CALL$
耐心and现金
09-22
$小赢科技(XYF)$
耐心and现金
09-18
$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$
艹
耐心and现金
09-15
$小赢科技(XYF)$
耐心and现金
09-08
$奥克斯电气(02580)$
耐心and现金
09-04
$拼多多(PDD)$
耐心and现金
08-25
$拼多多(PDD)$
耐心and现金
08-24
这篇文章不错，转发给大家看看
@格雷期权:【期权实战】小资金账户怎么玩？适合小账户的5种期权策略+实战建议！
耐心and现金
08-20
$TCH.HK 20250828 550.00 CALL$
耐心and现金
08-13
$TCH.HK 20250828 550.00 CALL$
耐心and现金
08-05
这篇文章不错，转发给大家看看
@格雷期权:【期权策略深度解析】卖出 Put：它真的是稳赚不赔吗？
耐心and现金
08-04
$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$
耐心and现金
07-28
$中国银河(06881)$
耐心and现金
07-25
$TCH.HK 20250828 550.00 CALL$
一步天台
耐心and现金
07-22
$腾讯控股(00700)$
耐心and现金
07-22
$TCH.HK 20250828 550.00 CALL$
covered call
耐心and现金
07-20
$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$
耐心and现金
07-11
$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$
耐心and现金
06-23
$海天味业(03288)$
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"4136792376009150","uuid":"4136792376009150","gmtCreate":1673689280258,"gmtModify":1744982782556,"name":"耐心and现金","pinyin":"nxandxjnaixinandxianjin","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","hatId":"ca_profile_frame_Lm11L6","hatName":"LV4 头像框","vip":1,"status":2,"fanSize":0,"headSize":113,"tweetSize":32,"questionSize":0,"limitLevel":999,"accountStatus":1,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"02aa7f16703b4ce4ace6f1a7665789cc-2","templateUuid":"02aa7f16703b4ce4ace6f1a7665789cc","name":"知识探索家","description":"观看学堂课程满20节","bigImgUrl":"https://static.tigerbbs.com/63cc10a4789c3eaa019b225a55136cf9","smallImgUrl":"https://static.tigerbbs.com/b1f0cbf3ae1b0a4593ddb3434df74ce0","grayImgUrl":null,"redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.09.17","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":2006},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.09.17","exceedPercentage":"80.30%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.06.03","exceedPercentage":"80.98%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.11","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.25","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.17","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":6,"currentWearingBadge":{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.21","exceedPercentage":"60.25%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":7,"crmLevelSwitch":1,"location":"河北","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":58,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":486314575143056,"gmtCreate":1759757606105,"gmtModify":1759757617768,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","text":"$NIO 20251024 6.0 CALL$","images":[{"img":"https://static.tigerbbs.com/03090af12a1483c1b841eef2279c4127","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/486314575143056","isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":483617521869512,"gmtCreate":1759099277782,"gmtModify":1759099280312,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","text":"$NIO 20251024 6.0 CALL$","images":[{"img":"https://static.tigerbbs.com/c367676d0ad05ea6e0bfef0bd11f770c","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/483617521869512","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":481188052402384,"gmtCreate":1758501714044,"gmtModify":1758501716547,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","listText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","text":"$小赢科技(XYF)$","images":[{"img":"https://static.tigerbbs.com/b41db1a95f6b930bbfda479e29f38c38","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/481188052402384","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":479972264006408,"gmtCreate":1758204652837,"gmtModify":1758509640434,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TNA 20250919 44.0 CALL BUY 1 | TNA 20250919 46.0 CALL SELL 1\">$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$</a> 艹","listText":"<a href=\"https://laohu8.com/OPT/TNA 20250919 44.0 CALL BUY 1 | TNA 20250919 46.0 CALL SELL 1\">$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$</a> 艹","text":"$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$ 艹","images":[{"img":"https://static.tigerbbs.com/b0b7d5334978054e8a4affd75abfc3e0","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/479972264006408","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":478682844057976,"gmtCreate":1757897999295,"gmtModify":1757898011228,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","listText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","text":"$小赢科技(XYF)$","images":[{"img":"https://static.tigerbbs.com/315af22904b59121020bcb6ecdd091dd","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/478682844057976","isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":476422171591480,"gmtCreate":1757317428761,"gmtModify":1757317440083,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02580\">$奥克斯电气(02580)$ </a> ","listText":"<a href=\"https://laohu8.com/S/02580\">$奥克斯电气(02580)$ </a> ","text":"$奥克斯电气(02580)$","images":[{"img":"https://static.tigerbbs.com/90c93ac2bb84b286986a2076522d6665","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/476422171591480","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":474952418087144,"gmtCreate":1756973235128,"gmtModify":1756973237249,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","listText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","text":"$拼多多(PDD)$","images":[{"img":"https://static.tigerbbs.com/49b743d17a51cf87565e9cfdb513d0ff","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/474952418087144","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":471438656811128,"gmtCreate":1756128483079,"gmtModify":1756128484850,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","listText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","text":"$拼多多(PDD)$","images":[{"img":"https://static.tigerbbs.com/6ea85b5abb80e86fc140f37aedb93a89","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471438656811128","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":471072950395056,"gmtCreate":1756039276503,"gmtModify":1756039279954,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471072950395056","repostId":"471024354935152","repostType":1,"repost":{"id":471024354935152,"gmtCreate":1756027688399,"gmtModify":1756032974963,"author":{"id":"3542789455088315","authorId":"3542789455088315","name":"格雷期权","avatar":"https://static.tigerbbs.com/adcf81d1875e2495a36355f80d90e22d","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3542789455088315","authorIdStr":"3542789455088315"},"themes":[],"title":"【期权实战】小资金账户怎么玩？适合小账户的5种期权策略+实战建议！","htmlText":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","listText":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","text":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","images":[{"img":"https://static.tigerbbs.com/74e369e74bd830ff554bd2b1e31f34ac","width":"1124","height":"544"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471024354935152","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":469648798081264,"gmtCreate":1755634235066,"gmtModify":1755634246130,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","text":"$TCH.HK 20250828 550.00 CALL$","images":[{"img":"https://static.tigerbbs.com/aab37480a186c1f586102fb870751c14","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/469648798081264","isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":467269646148080,"gmtCreate":1755096070009,"gmtModify":1755096072142,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","text":"$TCH.HK 20250828 550.00 CALL$","images":[{"img":"https://static.tigerbbs.com/281b94da28b53964b072ff1087941d62","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/467269646148080","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":464400301060096,"gmtCreate":1754404106308,"gmtModify":1754404107818,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464400301060096","repostId":"464384047026424","repostType":1,"repost":{"id":464384047026424,"gmtCreate":1754399995737,"gmtModify":1754400918838,"author":{"id":"3542789455088315","authorId":"3542789455088315","name":"格雷期权","avatar":"https://static.tigerbbs.com/adcf81d1875e2495a36355f80d90e22d","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3542789455088315","authorIdStr":"3542789455088315"},"themes":[],"title":"【期权策略深度解析】卖出 Put：它真的是稳赚不赔吗？","htmlText":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","listText":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","text":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","images":[{"img":"https://static.tigerbbs.com/70136d1ef3beb557fd0eb5b474fd965f","width":"5040","height":"3360"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464384047026424","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":464062038909008,"gmtCreate":1754270235741,"gmtModify":1754270247904,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/00700 BUY 100 | TCH 20250828 550.00 CALL SELL 1\">$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$</a> ","listText":"<a href=\"https://laohu8.com/OPT/00700 BUY 100 | TCH 20250828 550.00 CALL SELL 1\">$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$</a> ","text":"$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$","images":[{"img":"https://static.tigerbbs.com/f3af86e36403724cb402f994fc84e44c","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464062038909008","isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":461433314668712,"gmtCreate":1753663911303,"gmtModify":1753663913286,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06881\">$中国银河(06881)$ </a> ","listText":"<a href=\"https://laohu8.com/S/06881\">$中国银河(06881)$ </a> ","text":"$中国银河(06881)$","images":[{"img":"https://static.tigerbbs.com/1b41abc500b38e33c995f57ece56f288","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/461433314668712","isVote":1,"tweetType":1,"viewCount":910,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":460547577275008,"gmtCreate":1753447335253,"gmtModify":1753447337555,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> 一步天台","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> 一步天台","text":"$TCH.HK 20250828 550.00 CALL$ 一步天台","images":[{"img":"https://static.tigerbbs.com/383dfdc761f9ecdd677a32a7a2fcc41a","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/460547577275008","isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":459387749315232,"gmtCreate":1753191913658,"gmtModify":1753191915929,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$ </a> ","listText":"<a href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$ </a> ","text":"$腾讯控股(00700)$","images":[{"img":"https://static.tigerbbs.com/415bb6acadd47e86b7d5203e350742d1","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459387749315232","isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":459118549987760,"gmtCreate":1753126175406,"gmtModify":1753126178014,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> covered call","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> covered call","text":"$TCH.HK 20250828 550.00 CALL$ covered call","images":[{"img":"https://static.tigerbbs.com/f241dd6cd33a83babb7ead67ccf2c533","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459118549987760","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":458661534924856,"gmtCreate":1753015001201,"gmtModify":1753015004145,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","listText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","text":"$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$","images":[{"img":"https://static.tigerbbs.com/391fb7041464baf63251f57297973294","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/458661534924856","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":455496395620488,"gmtCreate":1752213568608,"gmtModify":1752213570663,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","listText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","text":"$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$","images":[{"img":"https://static.tigerbbs.com/26af6a26732ffe53786f17463682178c","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/455496395620488","isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":449183583306568,"gmtCreate":1750690891780,"gmtModify":1750690893702,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/03288\">$海天味业(03288)$ </a> ","listText":"<a href=\"https://laohu8.com/S/03288\">$海天味业(03288)$ </a> ","text":"$海天味业(03288)$","images":[{"img":"https://static.tigerbbs.com/1113de7e276ce91cac91b44becbc05ee","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/449183583306568","isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":486314575143056,"gmtCreate":1759757606105,"gmtModify":1759757617768,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","text":"$NIO 20251024 6.0 CALL$","images":[{"img":"https://static.tigerbbs.com/03090af12a1483c1b841eef2279c4127","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/486314575143056","isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":478682844057976,"gmtCreate":1757897999295,"gmtModify":1757898011228,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","listText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","text":"$小赢科技(XYF)$","images":[{"img":"https://static.tigerbbs.com/315af22904b59121020bcb6ecdd091dd","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/478682844057976","isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":479972264006408,"gmtCreate":1758204652837,"gmtModify":1758509640434,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TNA 20250919 44.0 CALL BUY 1 | TNA 20250919 46.0 CALL SELL 1\">$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$</a> 艹","listText":"<a href=\"https://laohu8.com/OPT/TNA 20250919 44.0 CALL BUY 1 | TNA 20250919 46.0 CALL SELL 1\">$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$</a> 艹","text":"$罗素2000指数三倍做多ETF-Direxion VERTICAL 250919 CALL 46.0/CALL 44.0$ 艹","images":[{"img":"https://static.tigerbbs.com/b0b7d5334978054e8a4affd75abfc3e0","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/479972264006408","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":481188052402384,"gmtCreate":1758501714044,"gmtModify":1758501716547,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","listText":"<a href=\"https://laohu8.com/S/XYF\">$小赢科技(XYF)$ </a> ","text":"$小赢科技(XYF)$","images":[{"img":"https://static.tigerbbs.com/b41db1a95f6b930bbfda479e29f38c38","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/481188052402384","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":469648798081264,"gmtCreate":1755634235066,"gmtModify":1755634246130,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","text":"$TCH.HK 20250828 550.00 CALL$","images":[{"img":"https://static.tigerbbs.com/aab37480a186c1f586102fb870751c14","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/469648798081264","isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":444099607609400,"gmtCreate":1749445050182,"gmtModify":1749445052527,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$阿里巴巴-W(09988)$ </a> 怎么办[流泪] ","listText":"<a href=\"https://laohu8.com/S/09988\">$阿里巴巴-W(09988)$ </a> 怎么办[流泪] ","text":"$阿里巴巴-W(09988)$ 怎么办[流泪]","images":[{"img":"https://static.tigerbbs.com/e6cf4acaf0e1415f1ffbca07039979c0","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/444099607609400","isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":483617521869512,"gmtCreate":1759099277782,"gmtModify":1759099280312,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/NIO 20251024 6.0 CALL\">$NIO 20251024 6.0 CALL$ </a> ","text":"$NIO 20251024 6.0 CALL$","images":[{"img":"https://static.tigerbbs.com/c367676d0ad05ea6e0bfef0bd11f770c","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/483617521869512","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":476422171591480,"gmtCreate":1757317428761,"gmtModify":1757317440083,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02580\">$奥克斯电气(02580)$ </a> ","listText":"<a href=\"https://laohu8.com/S/02580\">$奥克斯电气(02580)$ </a> ","text":"$奥克斯电气(02580)$","images":[{"img":"https://static.tigerbbs.com/90c93ac2bb84b286986a2076522d6665","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/476422171591480","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":474952418087144,"gmtCreate":1756973235128,"gmtModify":1756973237249,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","listText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","text":"$拼多多(PDD)$","images":[{"img":"https://static.tigerbbs.com/49b743d17a51cf87565e9cfdb513d0ff","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/474952418087144","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":471438656811128,"gmtCreate":1756128483079,"gmtModify":1756128484850,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","listText":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> ","text":"$拼多多(PDD)$","images":[{"img":"https://static.tigerbbs.com/6ea85b5abb80e86fc140f37aedb93a89","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471438656811128","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":471072950395056,"gmtCreate":1756039276503,"gmtModify":1756039279954,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471072950395056","repostId":"471024354935152","repostType":1,"repost":{"id":471024354935152,"gmtCreate":1756027688399,"gmtModify":1756032974963,"author":{"id":"3542789455088315","authorId":"3542789455088315","name":"格雷期权","avatar":"https://static.tigerbbs.com/adcf81d1875e2495a36355f80d90e22d","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3542789455088315","authorIdStr":"3542789455088315"},"themes":[],"title":"【期权实战】小资金账户怎么玩？适合小账户的5种期权策略+实战建议！","htmlText":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","listText":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","text":"很多投资者在雪球提问： “我账户只有几千美金，能做期权吗？” “小资金玩期权是不是很危险？” “有没有成本低又风险可控的玩法？” 其实，小账户做期权不是问题，但关键在于策略选得对。 这篇文章就来系统讲讲： 小账户常见误区有哪些？ 有哪些策略适合小资金量？ 怎么控制风险、实现稳定盈利？ 一、小资金账户的常见问题 小资金用户，往往面临这些挑战： ❌ 保证金不够 很多策略（如裸卖 Put）需要几千甚至上万美元的保证金，小账户直接被拒。 ❌ 没法对冲 组合策略空间有限，难以通过多腿对冲风险。 ❌ 抗波动能力差 一次失误可能亏掉10~20%，回本困难。 所以，小账户更需要精准选策略，专注于： 低成本、可控风险、易于管理 的期权玩法。 二、小账户适合的5种期权策略 ✅ 1. Long Call / Long Put（直接买入看涨/看跌期权） 最简单、最直接，也最适合小账户的方式： 成本小：只需支付权利金； 控制风险：最大亏损就是权利金； 灵活性高：你可以小仓位多次试错。 📌 适用场景： 你对某只股票短期有明确看涨/看跌观点，比如财报、政策消息等催化剂前夕。 小提示：别选太深度虚值的期权，容易归零；也别选太近到期的，时间衰减太快。 ✅ 2. Vertical Spread（垂直价差策略） 用一张期权的权利金，来买入一张并卖出另一张行权价不同的期权，有效降低成本和风险。 常见组合有： Bull Call Spread（看涨） Bear Put Spread（看跌） 📌 优势： 权利金少于裸买期权； 风险/收益结构明确； 收益受限，但胜率更高。 📌 举例： 你看好 AAPL 从 $190 涨到 $200： 买入 $190 Call 卖出 $200 Call 这样，你的净成本比只买 $190 Call 少很多，同时锁定最大盈亏范围。 ✅ 3. Cash Secured Put（备兑卖出 Put","images":[{"img":"https://static.tigerbbs.com/74e369e74bd830ff554bd2b1e31f34ac","width":"1124","height":"544"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/471024354935152","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":467269646148080,"gmtCreate":1755096070009,"gmtModify":1755096072142,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> ","text":"$TCH.HK 20250828 550.00 CALL$","images":[{"img":"https://static.tigerbbs.com/281b94da28b53964b072ff1087941d62","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/467269646148080","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":464400301060096,"gmtCreate":1754404106308,"gmtModify":1754404107818,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464400301060096","repostId":"464384047026424","repostType":1,"repost":{"id":464384047026424,"gmtCreate":1754399995737,"gmtModify":1754400918838,"author":{"id":"3542789455088315","authorId":"3542789455088315","name":"格雷期权","avatar":"https://static.tigerbbs.com/adcf81d1875e2495a36355f80d90e22d","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3542789455088315","authorIdStr":"3542789455088315"},"themes":[],"title":"【期权策略深度解析】卖出 Put：它真的是稳赚不赔吗？","htmlText":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","listText":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","text":"卖出 Put（Sell Put）策略，是很多期权老手最爱的“收租型玩法”： “你只要不跌太狠，我就白赚权利金；真跌了，我也乐意低价买进。” 听起来很香是不是？但真相远比你想象得复杂。 今天我们就来聊聊它的三面性： ✅ 好的部分（The Good） ⚠️ 不好的部分（The Bad） 💣 糟糕的部分（The Ugly） 一、【The Good】它为什么受欢迎？ ✅ 收入稳定，胜率高 大部分时间，股价都不会剧烈下跌。所以： 你卖出的 Put 都不会被执行 权利金就稳稳到手 → 稳定产生「现金流」 很多人把它当成「每月收租」的工具。 ✅ 有机会“打折买入”优质股票 如果你本来就想买某只股票，不如： 卖出一个你希望的价格的 Put，如果股价跌到那里 → 你就买进 举个例子： AAPL 当前 $190，你觉得 $180 合理 卖出 $180 的 Put，收 $3 权利金 最终被行权 → 实际买入成本 $177！ 是不是比直接挂限价单更香？ ✅ 时间有利你（Theta 正收益） 每过一天，期权就贬值一点。对于卖方来说，时间在帮你赚钱。 二、【The Bad】你以为能控风险，其实是换了种方式做多 很多人觉得： “我又不是买股，我是收权利金，风险小。” 但事实上： 卖出 Put，本质就是承诺在下跌时买入股票 如果大盘暴跌 or 个股闪崩 → 你等于是被动买入 而且： 权利金只提供了有限缓冲 跌得多的时候根本不够用 所以这个策略不是风险小，只是胜率高但亏一次就大。 三、【The Ugly】它可能毁掉你整个组合 很多人一开始卖 Put： 一天赚几百、几千，感觉轻松自在 久而久之开始加大仓位、加杠杆 碰到一次黑天鹅，比如 2020 年 3 月、2022 年 FOMC、财报爆雷 💥 账户直接爆仓。 因为卖方策略是：小赚多次 + 大亏一次 如果没有风险控制意识，很容易掉入“慢性中毒”的陷阱。 四、如","images":[{"img":"https://static.tigerbbs.com/70136d1ef3beb557fd0eb5b474fd965f","width":"5040","height":"3360"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464384047026424","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":464062038909008,"gmtCreate":1754270235741,"gmtModify":1754270247904,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/00700 BUY 100 | TCH 20250828 550.00 CALL SELL 1\">$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$</a> ","listText":"<a href=\"https://laohu8.com/OPT/00700 BUY 100 | TCH 20250828 550.00 CALL SELL 1\">$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$</a> ","text":"$腾讯控股/腾讯 250828 550.00 CALL COVERED 250828 CALL 550.00$","images":[{"img":"https://static.tigerbbs.com/f3af86e36403724cb402f994fc84e44c","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/464062038909008","isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":461433314668712,"gmtCreate":1753663911303,"gmtModify":1753663913286,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06881\">$中国银河(06881)$ </a> ","listText":"<a href=\"https://laohu8.com/S/06881\">$中国银河(06881)$ </a> ","text":"$中国银河(06881)$","images":[{"img":"https://static.tigerbbs.com/1b41abc500b38e33c995f57ece56f288","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/461433314668712","isVote":1,"tweetType":1,"viewCount":910,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":460547577275008,"gmtCreate":1753447335253,"gmtModify":1753447337555,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> 一步天台","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> 一步天台","text":"$TCH.HK 20250828 550.00 CALL$ 一步天台","images":[{"img":"https://static.tigerbbs.com/383dfdc761f9ecdd677a32a7a2fcc41a","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/460547577275008","isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":459387749315232,"gmtCreate":1753191913658,"gmtModify":1753191915929,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$ </a> ","listText":"<a href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$ </a> ","text":"$腾讯控股(00700)$","images":[{"img":"https://static.tigerbbs.com/415bb6acadd47e86b7d5203e350742d1","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459387749315232","isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":459118549987760,"gmtCreate":1753126175406,"gmtModify":1753126178014,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> covered call","listText":"<a href=\"https://laohu8.com/OPT/TCH.HK 20250828 550.00 CALL\">$TCH.HK 20250828 550.00 CALL$ </a> covered call","text":"$TCH.HK 20250828 550.00 CALL$ covered call","images":[{"img":"https://static.tigerbbs.com/f241dd6cd33a83babb7ead67ccf2c533","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459118549987760","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":458661534924856,"gmtCreate":1753015001201,"gmtModify":1753015004145,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","listText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","text":"$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$","images":[{"img":"https://static.tigerbbs.com/391fb7041464baf63251f57297973294","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/458661534924856","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":455496395620488,"gmtCreate":1752213568608,"gmtModify":1752213570663,"author":{"id":"4136792376009150","authorId":"4136792376009150","name":"耐心and现金","avatar":"https://static.tigerbbs.com/ee1bae0d32ac42c5baa29b887328704d","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4136792376009150","authorIdStr":"4136792376009150"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","listText":"<a href=\"https://laohu8.com/OPT/AAPL 20250801 195.0 PUT SELL 1 | AAPL 20250801 205.0 PUT BUY 1\">$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$</a> ","text":"$苹果 VERTICAL 250801 PUT 205.0/PUT 195.0$","images":[{"img":"https://static.tigerbbs.com/26af6a26732ffe53786f17463682178c","width":"1208","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/455496395620488","isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}
