期权大单 | 特斯拉遭“抛弃”，VIX看涨期权需求高涨
市场概览
上周五，对美国经济陷入衰退的担忧打击了投资者信心，三大指数集体收跌。当日美股期权市场总成交量39,081,778张合约，其中，看涨期权占比55%，看跌期权占比45%。
期权成交总量TOP10
特斯拉占据榜单的第二位。消息面上，近日，“金融巨鳄”索罗斯旗下的基金管理公司（Soros Fund Management）向SEC提交了一季度的13F文件。文件显示，索罗斯基金一季度大举减持新能源汽车股，直接清仓抛售了1600万美元的$特斯拉(TSLA)$股份，同时还清仓了蔚来和$通用汽车(GM)$，卖出了Rivian股票和看涨期权。
另一个关于特斯拉的焦点话题是“史上最大规模召回事件”。近日，国家市场监督管理总局宣布，日前在其启动缺陷调查情况下，特斯拉开启召回计划，合计约110.46万辆。这是特斯拉在全球销售汽车以来最大的一次召回。特斯拉罕见“认错”表示，将会整改，为召回范围内的车辆推送新开发的功能。
特斯拉的股价自4月末开启了一波小幅反弹，不过目前似乎遇到瓶颈，周五跌超2%。如今遭遇大佬清仓，对市场情绪会带来多大影响，值得密切关注。
华尔街看到“大风暴苗头” VIX看涨期权需求高涨
近期，美国两党在债务上限问题上的互不相让令该国面临债务违约风险。而在华尔街，交易员们已经开始为这起黑天鹅事件厉兵秣马。
在期权市场，对冲波动率大幅上升风险的需求达到五年来最高水平。对冲市场下跌约10%或一个标准差的成本创一年来最高。尾部风险对冲需求急剧升至3月银行业动荡高峰期以来之最。
与此同时，市场表面却相当平静，Cboe波动率指数VIX低于一年平均水平，但是资深业内人士警告，这可能只是暴风雨来临前的平静，就像在2011年那样，在美国逼近违约边缘之前，很少有人注意到资金危机。
“防止市场低迷以及尾部风险的需求已经上升，”RBC Capital Markets的衍生品策略主管Amy Wu Silverman说。“想想VIX在2011年美国触及债务上限前的表现，其实和今天的情况很像。我们会看到做多VIX的需求高涨，因为以前就发生过这种事。”
美国财政部长耶伦此前敦促白宫与国会领导人尽快化解分歧，因为到6月1日资金就可能用尽。
对冲波动率上升风险的需求高涨表明6月可能又是一个动荡期。VIX指数的看涨期权未平仓合约最近达到2018年以来的最高水平。从经济衰退到银行体系裂痕，再到转向更宽松货币政策的期望落空，一系列其他风险正在令市场承压。
“还有其他因素，例如糟糕的通胀数据，强劲的就业市场等，”Fulcrum Asset Management的合伙人Stephen Crewe表示。 “人们真的不明白为什么有这么多坏消息在，股市却还能涨，所以他们一直在买入保护性期权。”
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