期权大单 | TQQQ交易量大增,短期波动或增加
一、期权异动

11月3日,美股亚马逊、Meta、谷歌等标的出现了期权成交量上的较大变化,分别为日常成交量的2.3、1.8、2.4倍。
纳指三倍做多ETF的期权交易攀上第十位,近期罕见。周四,TQQQ跌了5.77%,本周跌近21%,颓势明显。查看详细情况,发现TQQQ交易的多是周五到期的“临期”期权,或者说是,“末日期权”.
要知道,临期期权交易此前是散户的最爱,$高盛(GS)$汇编的数据显示,第三季度,标普500指数的这种短期期权交易占总交易量的40%以上,几乎是半年前的两倍。散户们利用这一策略寻求快速获利,曾拉爆对冲基金空头仓位,一度逼得华尔街著名的对冲基金Melvin接近破产!
衍生品可能放大标的资产的波动,造成市场混乱。与此同时,波动性加剧又会反过来助长风险情绪的上行,形成“恶性循环”。在美联储“鹰姿勃发”的时期,短期合约的使用增多表明大家都在快进快出,做“赌博”式的操作,这种短期交易的收益或损失都是巨大的,会加剧了单边的波动性。
二、总成交量前10
11月3日周四,在完全消化美联储的鹰派立场前,美股继续走软。截至收盘,纳斯达克指数跌幅为1.73%,道琼斯指数跌幅为0.46%,标普500指数跌幅为1.06%。

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