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Are you ok
04-25 22:55
这篇文章不错,转发给大家看看
4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?
Are you ok
04-25 12:46
$ALB.HK 20250425 112.50 PUT$
Are you ok
04-25 12:46
$ALB.HK 20250425 112.50 PUT$
Are you ok
04-02
短期内,AI通过降本增效与业务赋能推动现有营收增长;中长期看,可灵AI的商业化突破和全球市场拓展有望开辟新赛道。若AI技术持续领先并深度融入生态,快手或从“短视频平台”转型为“AI视频生态领军者”,显著提升估值上限。不过,需关注技术迭代速度与商业化落地节奏的匹配性。
Are you ok
03-31
$ALB.HK 20250403 127.50 PUT$
Are you ok
03-24
$网易云音乐(09899)$
Are you ok
03-23
@石头
@小虎活动:【有奖活动】你炒股时最常说的口头禅是什么?
Are you ok
03-23
先赚它一个小目标!
Are you ok
03-18
$阿里巴巴-W(09988)$
Are you ok
2024-11-07
这篇文章不错,转发给大家看看
@孟浩:【干货】富贵险中求,快来看看单一股票杠杆ETF都有哪些~
Are you ok
2024-10-25
“使用反向期权:例如,当投资者卖出看涨期权时,标的价格大幅上涨,可以考虑买入一个看跌期权(Put),以防止进一步的上涨带来的更大亏损”,这段话矛盾啊😵💫
Are you ok
2024-10-25
“接受行权:在某些情况下,接受行权可能是一个合理的选择。比如,卖出看涨期权被行权后,投资者需要以行权价卖出股票,或者卖出看跌期权后需要以行权价买入股票。接受行权后,投资者可以根据市场情况重新管理头寸”,这段话矛盾啊😵💫
Are you ok
2024-10-10
你这样说不对,微软财报公布后,股价落在宽跨式行权价区间内,权利金这时不会全部到手,因为还有 4 天期权才到期,期权买方手中的期权至少还有时间价值,而赌财报的原则恰恰是财报公布立即平仓,所以肯定不会拿到全部权利金,AMD 也是这个道理。现在老虎社区几乎所有讲赌财报期权策略的,都是把期权到期收益当做财报公布后的期权收益(如果有),这中间是有个时间差的,在这个时间差内,股价会不会还在做空宽跨式的行权价格内,是不一定的!
Are you ok
2024-09-28
如果价格在120元,将实现最大亏损1400+8对吧?
Are you ok
2024-09-20
情景2你计算的有问题,股价在到期日介于100美元和130美元之间,买入的100美元行权价看跌期权是虚值,不应行权,103.9是盈亏平衡点
Are you ok
2024-09-17
味道好极了
@期权叨叨虎:英伟达为例,降息周期科技股怎么玩?
Are you ok
2024-09-04
涨芝士了
@发發虎:【一起发财】大赚939%,他做对了什么?
Are you ok
2024-09-04
最后的没太看懂
@OptionS:双卖英伟达;期权移仓:时间换空间【期权周记】
Are you ok
2024-09-03
基本功
@老虎APP功能介绍:【Call/Put Ratio】帮助说明
Are you ok
2024-09-03
味道好极了
@期权叨叨虎:超微电脑崩盘!用期权如何做空?
去老虎APP查看更多动态
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US,股价8.23美元...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b\">Web Link</a>\n\n</div>\n","source":"tencent","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>4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-20 22:28 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b><strong>每日经济新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2024年是智驾企业密集上市的一年。据《每日经济新闻》记者不完全统计,仅2024年就有高达15家智驾企业在各大交易所上市或推进上市流程,包括速腾聚创(HK02498,股价30.30港元,市值142.8亿港元)、黑芝麻智能(HK02533,股价17.86港元,市值112.6亿港元)、地平线机器人-W(HK09660,股价5.47港元,市值722.1亿港元)、文远知行(WRD. US,股价8.23美元...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WRD":"文远知行","BK4609":"英伟达持仓股","BK4023":"应用软件","BK4124":"机动车零配件与设备","PONY":"小马智行","02533":"黑芝麻智能"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2528616598","content_text":"2024年是智驾企业密集上市的一年。据《每日经济新闻》记者不完全统计,仅2024年就有高达15家智驾企业在各大交易所上市或推进上市流程,包括速腾聚创(HK02498,股价30.30港元,市值142.8亿港元)、黑芝麻智能(HK02533,股价17.86港元,市值112.6亿港元)、地平线机器人-W(HK09660,股价5.47港元,市值722.1亿港元)、文远知行(WRD. US,股价8.23美元,市值23.42亿美元)、小马智行(PONY.US,股价4.48美元,市值15.63亿美元)等。值得注意的是,在扎堆IPO(首次公开募股)的背后,智驾上市公司在商业化层面呈现出“冷暖各异”的情况。近期,黑芝麻智能、地平线机器人-W(以下简称地平线)、文远知行、小马智行等4家公司都公布了其上市后的首份年报。从主要财务指标来看,地平线和黑芝麻智能主要聚焦自动驾驶芯片、自动驾驶解决方案,面向L2级辅助智能驾驶市场,2024年两家均实现了营收和归母净利润的大幅增长。而文远知行和小马智行以Robotaxi(自动驾驶出租车)、Robotruck(自动驾驶卡车)等业务为主,面向L4级通用自动驾驶市场,2024年仍处于规模投入阶段。对此,辰韬资本执行总经理刘煜冬表示,目前,机构看重的是智驾公司自身实际的规模化商业应用进展,以及在新技术变革下迅速调整和适应的能力。下一阶段,智驾公司的盈利能力也是机构关注的焦点。研发投入成行业“痛点”乘联分会数据显示,2024年,新能源乘用车L2级及以上的辅助驾驶功能装车率达67.8%,与2023年相比提升12.5个百分点。进入2025年,随着车企高喊智驾平权,L2+级别智能辅助驾驶需求旺盛,与之相对应的则是以黑芝麻智能、地平线为代表的面向L2级辅助驾驶市场玩家营收和归母净利润的大幅增长。具体来看,黑芝麻智能2024年营收达到4.74亿元,同比增长51.8%。其中,自动驾驶产品及解决方案收入4.38亿元,同比增长58.5%;毛利率方面从2023年的24.7%提升至41.1%,归母净利润为3.13亿元。地平线的主要业务包括自动驾驶芯片及解决方案、授权及服务。2024年,地平线全年营收达到23.84亿元,同比增长53.6%,其中授权及服务业务收入同比增长70.9%至16.47亿元,占总收入比重从2023年的62%提升至69.1%。毛利率则从2023年的70.5%提升至77.3%,归母净利润为23.47亿元。尽管地平线和黑芝麻智能在2024财年均实现了扭亏为盈,但值得注意的是,在剔除公允价值变动等非经营性因素后,这两家公司仍存在一定程度的亏损。其中,地平线经调整后的净亏损为16.81亿元,同比扩大2.8%;黑芝麻智能经调整后的净亏损为13.04亿元,同比扩大4%。对此,盘古智库高级研究员江瀚在接受记者采访时表示,智驾企业集中IPO,一方面是由于技术的成熟和市场潜力吸引了资本的关注;另一方面,政策支持和竞争压力也在推动智驾企业加快上市步伐。江瀚强调,自动驾驶行业需要大量的资金投入用于技术研发和市场拓展,这是一个长期的过程。记者在上述两家企业2024年的财报中发现,两家企业均存在研发投入较高的特点。其中,黑芝麻智能2024年的研发投入达到14.35亿元,相较于2023年的13.63亿元,同比增长5.3%。地平线2024年的研发投入高达31.56亿元,同比增长33.4%,占总营收的132.4%。L4级自动驾驶待爆发今年3月13日,北京三环区域迎来了自动驾驶商业化运营的重要突破,小马智行和文远知行两家自动驾驶企业同时宣布,其Robotaxi服务正式获准在北京南站至亦庄之间开展收费运营。4月1日,《北京市自动驾驶汽车条例》正式生效,符合国家规定条件的自动驾驶汽车,可以用于个人乘用车出行。随着Robotaxi运营区域的持续拓展及政策的有力支持,这一领域正迎来新的发展契机。不过,与L2级辅助驾驶的快速普及和成功商业化落地相比,以Robotaxi为代表的L4级自动驾驶企业的发展步伐则稍显缓慢。营收层面,2024年小马智行同比小幅增长4.35%至5.39亿元,文远知行则是出现了10%的负增长为3.61亿元。在毛利率方面,小马智行和文远知行分别为15.2%和30.66%。在归母净利润方面,两家仍处于亏损阶段,文远知行2024年净亏损达25亿元,是营收的7倍;小马智行净亏损近20亿元,是营收的3倍。记者发现,小马智行亏损与运营费用支出大幅增长有关。财报显示,小马智行2024年的运营费用(包括研发费用,销售、一般和管理费用等)同比增长85.4%达到2.97亿美元。文远知行亏损扩大的主要原因也是由于开支较高,尤其是研发费用占比近半。2024年,文远知行的营业费用为22.8亿元,同比增长33.7%,其中研发费用为10.9亿元,同比增长3.1%。德邦证券研报表示,Ro-botaxi的发展高度依赖技术、政策支持和资金投入。其中,技术是核心动力,涵盖软件和硬件两大关键领域;政策支持则是商业化的重要推动力。中金公司研报显示,Robotaxi尽管商业化进展较慢,但市场潜力巨大。弗若斯特沙利文预测,到2030年,中国与全球Robotaxi的市场规模预计将分别达到4888亿元和8349亿元。不过,如何坚持到Robotaxi市场迎来爆发,仍是小马智行、文远知行等L4级通用自动驾驶公司亟待解决的难题之一。对此,小马智行副总裁、Robotaxi业务负责人张宁此前在接受记者采访时表示:“小马智行计划在2025年实现单车盈亏平衡,但要支撑高额研发成本,仍需扩大运营规模。”“今年更像是Robotaxi商业化逐步放量的元年。之前,无人驾驶的体验还相对有限,没有那么快走进寻常百姓家。但今年,随着更多城市逐步开放,以及上千台车辆的逐步下线,小马智行的运营规模和体量将增加5倍甚至10倍。因此,今年也是证明商业模式可行性的关键一年。”张宁称。","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":428254677684912,"gmtCreate":1745585208543,"gmtModify":1745585211186,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are 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href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 <a href=\"https://laohu8.com/S/TSLQ\">$Tradr 2X Short TSLA Daily ETF(TSLQ)$</a> 、 <a href=\"https://laohu8.com/S/TSLL\">$Direxion Daily TSLA Bull 2X Shares(TSLL)$</a> )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","listText":"不知道大家有没有关注过 <a href=\"https://laohu8.com/S/CONL\">$GraniteShares 2x Long COIN Daily ETF(CONL)$</a> ?它是一只两倍做多 <a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 <a href=\"https://laohu8.com/S/TSLQ\">$Tradr 2X Short TSLA Daily ETF(TSLQ)$</a> 、 <a href=\"https://laohu8.com/S/TSLL\">$Direxion Daily TSLA Bull 2X Shares(TSLL)$</a> )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","text":"不知道大家有没有关注过 $GraniteShares 2x Long COIN Daily ETF(CONL)$ ?它是一只两倍做多 $Coinbase Global, Inc.(COIN)$标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 $Tradr 2X Short TSLA Daily ETF(TSLQ)$ 、 $Direxion Daily TSLA Bull 2X Shares(TSLL)$ )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","images":[{"img":"https://static.tigerbbs.com/efc9cb935d054296b18d273dcbcc719a","width":"480","height":"270"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368503523008544","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363941710934080,"gmtCreate":1729862974581,"gmtModify":1729862976977,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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也是这个道理。现在老虎社区几乎所有讲赌财报期权策略的,都是把期权到期收益当做财报公布后的期权收益(如果有),这中间是有个时间差的,在这个时间差内,股价会不会还在做空宽跨式的行权价格内,是不一定的!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358554143043832","isVote":1,"tweetType":1,"viewCount":1740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":354408335065320,"gmtCreate":1727533522248,"gmtModify":1727533524536,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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英伟达CEO黄仁勋在高盛组织的一次科技会议上与高盛CEO所罗门对谈,他对“AI芯片需求巨大”导致“英伟达与客户关系紧张”的评述引爆美股,令几大主要股指均在尾盘完全抹去日内跌幅、并实现V型反弹转涨,科技和芯片股领涨态势尤为亮眼。“我们产品需求如此之大,每个人都想第一个拿到,想得到最多的份额。我们今天可能有更多情绪化的客户,这也是情有可原的。关系很紧张,但我们正尽力做到最好。”黄仁勋被问及大规模的人工智能支出是否为客户提供了投资回报。在科技行业的人工智能热潮中,这一直是一个令人担忧的问题。但他表示,除了拥抱“加速计算”,企业别无选择。他说,英伟达的技术加速了传统的工作负载——数据处理,以及处理旧技术无法处理的人工智能任务。英伟达在美股早盘一度小幅转跌下逼107美元,随后伴随着黄仁勋的讲话涨幅不断扩大,到尾盘时仍在不断刷新日高,最高涨8.4%一度升破","listText":"在降息周期中,美股科技股通常受益于以下几个因素:融资成本降低、估值上升、资金流向科技股、美元走弱、科技创新和并购活动增加、消费需求被刺激以及市场情绪的提升。基于此背景,可以使用一些期权策略来利用这些趋势。降息周期对科技股的影响降低融资成本降息会降低融资成本,尤其有利于需要大量资金支持研发、市场扩张和创新项目的高成长性科技公司。提高股票估值降息降低了折现率,使未来现金流的现值更高,从而提高了科技股的估值。资金流向科技股降息使得固定收益资产的回报率下降,促使投资者转向具有高回报潜力的科技股。美元走弱的影响降息通常导致美元走弱,增加科技公司海外收入的价值,提升其财务表现。推动科技创新和并购活动低利率环境下,公司更容易获得低成本的债务融资,推动并购和新技术研发活动。刺激消费需求降息降低消费者贷款利率,提升消费能力,利好依赖消费支出的科技公司。提升市场情绪降息作为经济刺激措施,改善市场情绪,增强投资者对科技股的信心。9月11日周三美股午盘时, 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英伟达CEO黄仁勋在高盛组织的一次科技会议上与高盛CEO所罗门对谈,他对“AI芯片需求巨大”导致“英伟达与客户关系紧张”的评述引爆美股,令几大主要股指均在尾盘完全抹去日内跌幅、并实现V型反弹转涨,科技和芯片股领涨态势尤为亮眼。“我们产品需求如此之大,每个人都想第一个拿到,想得到最多的份额。我们今天可能有更多情绪化的客户,这也是情有可原的。关系很紧张,但我们正尽力做到最好。”黄仁勋被问及大规模的人工智能支出是否为客户提供了投资回报。在科技行业的人工智能热潮中,这一直是一个令人担忧的问题。但他表示,除了拥抱“加速计算”,企业别无选择。他说,英伟达的技术加速了传统的工作负载——数据处理,以及处理旧技术无法处理的人工智能任务。英伟达在美股早盘一度小幅转跌下逼107美元,随后伴随着黄仁勋的讲话涨幅不断扩大,到尾盘时仍在不断刷新日高,最高涨8.4%一度升破","images":[{"img":"https://static.tigerbbs.com/1c68418377a2d7bd2cf58da4934f51eb","width":"1302","height":"894"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348640866672728","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":345761848365296,"gmtCreate":1725441369369,"gmtModify":1725441371203,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are 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href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a> 话不多说,先上图恭喜虎友 <a href=\"https://laohu8.com/U/3570254968833976\">@空空c</a> 通过交易标普指数期权,分别实现了939%和173%的收益。欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的操作思路,获得老虎专访,赢取老虎限量周边🎁🎁🎁。标普指数期权简介标普500指数期权(SPXW)是基于标普500指数的期权产品,提供了多种交易策略和对冲手段。与直接交易股票或ETF相比,期权交易具有更高的灵活性和杠杆效应。SPXW与SPY期权的区别SPXW:是基于标普500指数的期权,提供每周五个到期日的灵活性,交易时长更久,适合短期交易和对冲。SPY:是跟踪标普500指数的ETF,其期权市场同样活跃,但交易时间受限于美股市场开盘时间。根据芝商所网站信息,SPXW是欧式期权,即买方不可以提前行权;合约大小是$100,即期权价格变动$1,盈亏$100;交割方式为现金交割,现金交割的意思是标的的交割价格决定了你的期权盈亏,按照盈亏直接给你账户转入或转出现金。举个例子,如果你花$10买入 3900的call,期权到期时SPX为3950,那么你将直接收到利润(3950-3900-10)*100= $4000而SPY期权则是美式期权,买方可以提前行行权;因为SPY有分红,所以在分红前,深度价内期权行权的几率不小。SPY的合约大小是$10,也就是期权价格变","listText":"近期,有虎友通过交易标普指数期权实现了惊人的939%和173%的收益。这究竟是如何做到的?这篇文章就跟大家一起探讨一下他们的发财秘籍,祝所有看到的朋友们都能发财。 <a href=\"https://laohu8.com/S/.SPX\">$标普500(.SPX)$</a> <a href=\"https://laohu8.com/S/SPY\">$标普500ETF(SPY)$</a> 话不多说,先上图恭喜虎友 <a href=\"https://laohu8.com/U/3570254968833976\">@空空c</a> 通过交易标普指数期权,分别实现了939%和173%的收益。欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的操作思路,获得老虎专访,赢取老虎限量周边🎁🎁🎁。标普指数期权简介标普500指数期权(SPXW)是基于标普500指数的期权产品,提供了多种交易策略和对冲手段。与直接交易股票或ETF相比,期权交易具有更高的灵活性和杠杆效应。SPXW与SPY期权的区别SPXW:是基于标普500指数的期权,提供每周五个到期日的灵活性,交易时长更久,适合短期交易和对冲。SPY:是跟踪标普500指数的ETF,其期权市场同样活跃,但交易时间受限于美股市场开盘时间。根据芝商所网站信息,SPXW是欧式期权,即买方不可以提前行权;合约大小是$100,即期权价格变动$1,盈亏$100;交割方式为现金交割,现金交割的意思是标的的交割价格决定了你的期权盈亏,按照盈亏直接给你账户转入或转出现金。举个例子,如果你花$10买入 3900的call,期权到期时SPX为3950,那么你将直接收到利润(3950-3900-10)*100= $4000而SPY期权则是美式期权,买方可以提前行行权;因为SPY有分红,所以在分红前,深度价内期权行权的几率不小。SPY的合约大小是$10,也就是期权价格变","text":"近期,有虎友通过交易标普指数期权实现了惊人的939%和173%的收益。这究竟是如何做到的?这篇文章就跟大家一起探讨一下他们的发财秘籍,祝所有看到的朋友们都能发财。 $标普500(.SPX)$ $标普500ETF(SPY)$ 话不多说,先上图恭喜虎友 @空空c 通过交易标普指数期权,分别实现了939%和173%的收益。欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的操作思路,获得老虎专访,赢取老虎限量周边🎁🎁🎁。标普指数期权简介标普500指数期权(SPXW)是基于标普500指数的期权产品,提供了多种交易策略和对冲手段。与直接交易股票或ETF相比,期权交易具有更高的灵活性和杠杆效应。SPXW与SPY期权的区别SPXW:是基于标普500指数的期权,提供每周五个到期日的灵活性,交易时长更久,适合短期交易和对冲。SPY:是跟踪标普500指数的ETF,其期权市场同样活跃,但交易时间受限于美股市场开盘时间。根据芝商所网站信息,SPXW是欧式期权,即买方不可以提前行权;合约大小是$100,即期权价格变动$1,盈亏$100;交割方式为现金交割,现金交割的意思是标的的交割价格决定了你的期权盈亏,按照盈亏直接给你账户转入或转出现金。举个例子,如果你花$10买入 3900的call,期权到期时SPX为3950,那么你将直接收到利润(3950-3900-10)*100= $4000而SPY期权则是美式期权,买方可以提前行行权;因为SPY有分红,所以在分红前,深度价内期权行权的几率不小。SPY的合约大小是$10,也就是期权价格变","images":[{"img":"https://static.tigerbbs.com/f3fb1d2bf077742a407a998796f29e7f","width":"1080","height":"1080"},{"img":"https://static.tigerbbs.com/ac7af6375278e90cd5489395c93c2211","width":"1080","height":"1080"},{"img":"https://static.tigerbbs.com/21e34fc88a267810d38d8195c7ee848b","width":"922","height":"474"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345415135252672","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":345818505142592,"gmtCreate":1725433562593,"gmtModify":1725433564569,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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上周五都过期。 这里注意一个细节,可以用sc nvdl替代sc nvda,赚更大的波动率。 但也要注意sc高风险,所以每次双卖期权,sc那侧会比sp那侧要轻很多,行权价的安全边际也要留更高。 展望未来,我觉得只要英伟达是老虎首页热门交易榜第一位,可以常年sp(控制接盘总量)。 sp 比如80以内 6折的安全边际不错,选择fpe低于3年均值一个标准差以下。 二、本周计划 1、sc pdd 接盘 <a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$</a> 了[笑哭],开始未来每周不断scc(sell covered call),摊薄成本之路。 2、sp tlt 降息周期即将开始,不断sp <a href=\"https://laohu8.com/S/TLT\">$20+年以上美国国债ETF-iShares(TLT)$</a> 。 有虎友问什么是期权移仓,时间换空间。 比如说有下周到期的sp 100; 可以选择期权移仓,底层是进行了这样的操作:buy put 100 的同时,sell put 更远期比如3个月后某个更低的行权价比如85。 可以找一个不用额外出钱的时间和行权价。这样就可以用时间换空间,不断下调行权价。 这个策略的前提还是要看准公司,方向正确才行。 ——————— <a href=\"https://www.laohu8.com/post/299092880539904\" target=\"_blank\">我的期权常年交易标的【2024版】</a> 基础知识:什","listText":"一、上周摘要 上周 <a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$</a> 财报前 同时sp和sc还是不错的,iv分位值很快从96%回落到75%。 sp nvda 100 & sc nvda 180、sc nvdl 110 上周五都过期。 这里注意一个细节,可以用sc nvdl替代sc nvda,赚更大的波动率。 但也要注意sc高风险,所以每次双卖期权,sc那侧会比sp那侧要轻很多,行权价的安全边际也要留更高。 展望未来,我觉得只要英伟达是老虎首页热门交易榜第一位,可以常年sp(控制接盘总量)。 sp 比如80以内 6折的安全边际不错,选择fpe低于3年均值一个标准差以下。 二、本周计划 1、sc pdd 接盘 <a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$</a> 了[笑哭],开始未来每周不断scc(sell covered call),摊薄成本之路。 2、sp tlt 降息周期即将开始,不断sp <a href=\"https://laohu8.com/S/TLT\">$20+年以上美国国债ETF-iShares(TLT)$</a> 。 有虎友问什么是期权移仓,时间换空间。 比如说有下周到期的sp 100; 可以选择期权移仓,底层是进行了这样的操作:buy put 100 的同时,sell put 更远期比如3个月后某个更低的行权价比如85。 可以找一个不用额外出钱的时间和行权价。这样就可以用时间换空间,不断下调行权价。 这个策略的前提还是要看准公司,方向正确才行。 ——————— <a href=\"https://www.laohu8.com/post/299092880539904\" target=\"_blank\">我的期权常年交易标的【2024版】</a> 基础知识:什","text":"一、上周摘要 上周 $英伟达(NVDA)$ 财报前 同时sp和sc还是不错的,iv分位值很快从96%回落到75%。 sp nvda 100 & sc nvda 180、sc nvdl 110 上周五都过期。 这里注意一个细节,可以用sc nvdl替代sc nvda,赚更大的波动率。 但也要注意sc高风险,所以每次双卖期权,sc那侧会比sp那侧要轻很多,行权价的安全边际也要留更高。 展望未来,我觉得只要英伟达是老虎首页热门交易榜第一位,可以常年sp(控制接盘总量)。 sp 比如80以内 6折的安全边际不错,选择fpe低于3年均值一个标准差以下。 二、本周计划 1、sc pdd 接盘 $拼多多(PDD)$ 了[笑哭],开始未来每周不断scc(sell covered call),摊薄成本之路。 2、sp tlt 降息周期即将开始,不断sp $20+年以上美国国债ETF-iShares(TLT)$ 。 有虎友问什么是期权移仓,时间换空间。 比如说有下周到期的sp 100; 可以选择期权移仓,底层是进行了这样的操作:buy put 100 的同时,sell put 更远期比如3个月后某个更低的行权价比如85。 可以找一个不用额外出钱的时间和行权价。这样就可以用时间换空间,不断下调行权价。 这个策略的前提还是要看准公司,方向正确才行。 ——————— 我的期权常年交易标的【2024版】 基础知识:什","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345401233785112","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":345414328488216,"gmtCreate":1725371907967,"gmtModify":1725371910003,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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Ratio是个经典的期权技术指标,用来分析判断当前市场上的情绪变化:根据一般经验,当Call/Put很高时,意味着市场大量交易看涨期权;当Call/Put较低时,意味着市场大量交易看跌期权。此外,认为大多数交易都是买入。注:此处的高位/低位虎友们可以从自己的投资经验和具体标的出发,自行定义如下图AAPL的期权所示,当Call/Put Ratio持续走高时,意味着市场越来越看好,股票价格可能水涨船高但是在实际场景中,它也是可以作为反向指标来应用:如果Call/Put Ratio攀升至极端高位,则意味着市场已经处于超卖状态,是买入的信号。反之如果极端低位,则处于超买状态,是卖出的信号。如下图的FB,期权市场在12/2日达到顶峰,买入Call的人数很多,但是股票市场却在12/2日后一路下跌。因此请虎友们务必注意,仅仅依靠一个技术信号就进行交易是危险的,同时上文中都是用的期权成交量较多的股票,如果期权成交量不多,那么此指标的意义也较低。我们诚恳建议,如果您真的要进行看多方向的交易,那么除了Call/Put Ratio之外,最好还有其他技术指标(至少两个)发出了看多信号,反之做空也是。此外,虎友们也可以根据自己的投资系统对Call/Put Ratio进行加权调整。举例来说,根据《麦克米伦谈期权》,美元加权后的Call/Put Ratio往往是个更好的反向指标。。三、功能入口","listText":"一、什么是Call/Put RatioCall/Put Ratio实时展示所有Call和所有Put成交量的比值。二、如何使用Call/Put Ratio是个经典的期权技术指标,用来分析判断当前市场上的情绪变化:根据一般经验,当Call/Put很高时,意味着市场大量交易看涨期权;当Call/Put较低时,意味着市场大量交易看跌期权。此外,认为大多数交易都是买入。注:此处的高位/低位虎友们可以从自己的投资经验和具体标的出发,自行定义如下图AAPL的期权所示,当Call/Put Ratio持续走高时,意味着市场越来越看好,股票价格可能水涨船高但是在实际场景中,它也是可以作为反向指标来应用:如果Call/Put Ratio攀升至极端高位,则意味着市场已经处于超卖状态,是买入的信号。反之如果极端低位,则处于超买状态,是卖出的信号。如下图的FB,期权市场在12/2日达到顶峰,买入Call的人数很多,但是股票市场却在12/2日后一路下跌。因此请虎友们务必注意,仅仅依靠一个技术信号就进行交易是危险的,同时上文中都是用的期权成交量较多的股票,如果期权成交量不多,那么此指标的意义也较低。我们诚恳建议,如果您真的要进行看多方向的交易,那么除了Call/Put Ratio之外,最好还有其他技术指标(至少两个)发出了看多信号,反之做空也是。此外,虎友们也可以根据自己的投资系统对Call/Put Ratio进行加权调整。举例来说,根据《麦克米伦谈期权》,美元加权后的Call/Put Ratio往往是个更好的反向指标。。三、功能入口","text":"一、什么是Call/Put RatioCall/Put Ratio实时展示所有Call和所有Put成交量的比值。二、如何使用Call/Put Ratio是个经典的期权技术指标,用来分析判断当前市场上的情绪变化:根据一般经验,当Call/Put很高时,意味着市场大量交易看涨期权;当Call/Put较低时,意味着市场大量交易看跌期权。此外,认为大多数交易都是买入。注:此处的高位/低位虎友们可以从自己的投资经验和具体标的出发,自行定义如下图AAPL的期权所示,当Call/Put Ratio持续走高时,意味着市场越来越看好,股票价格可能水涨船高但是在实际场景中,它也是可以作为反向指标来应用:如果Call/Put Ratio攀升至极端高位,则意味着市场已经处于超卖状态,是买入的信号。反之如果极端低位,则处于超买状态,是卖出的信号。如下图的FB,期权市场在12/2日达到顶峰,买入Call的人数很多,但是股票市场却在12/2日后一路下跌。因此请虎友们务必注意,仅仅依靠一个技术信号就进行交易是危险的,同时上文中都是用的期权成交量较多的股票,如果期权成交量不多,那么此指标的意义也较低。我们诚恳建议,如果您真的要进行看多方向的交易,那么除了Call/Put Ratio之外,最好还有其他技术指标(至少两个)发出了看多信号,反之做空也是。此外,虎友们也可以根据自己的投资系统对Call/Put Ratio进行加权调整。举例来说,根据《麦克米伦谈期权》,美元加权后的Call/Put Ratio往往是个更好的反向指标。。三、功能入口","images":[{"img":"https://static.tigerbbs.com/b801e773f7358729ae984160114babab","width":"0","height":"0"},{"img":"https://static.tigerbbs.com/4dc7596f2114b7055629c86f4794e691","width":"0","height":"0"},{"img":"https://static.tigerbbs.com/262dd5c6741d1172e9cb5b8b6e6baaac","width":"0","height":"0"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/398605170","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":345420538298432,"gmtCreate":1725359891588,"gmtModify":1725359893414,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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Research)盯上,兴登堡称,这家服务器制造商存在“会计操纵”问题。媒体报道,兴登堡研究公司对超微电脑的调查包括与前高级员工的访谈和诉讼记录,调查认为该公司有“明显的会计问题、未披露的关联交易、制裁和出口控制失败,以及客户问题。”报告指出,超微电脑在会计方面存在一定劣迹。2018年,超微电脑因未能提交必要的财务报表而被纳斯达克暂时摘牌。随后,美国证券交易委员会(SEC)指控该公司存在与超过2亿美元的不当收入确认和低估费用相关的“广泛会计违规行为”,这导致了销售额、收益和利润率的虚高。而Hindenburg指出,在与SEC达成1750万美元的和解后不到三个月,超微电脑开始重新雇用涉及先前丑闻的高管。Hindenburg的报告进一步声称,超微电脑在SEC和解后不久就恢复了“不当收入确认”、“确认未完成的销售”和“规避内部会计控制”等行为。该报告暗示,销售配额的压力导致了诸如“部分发货”和发货缺陷产品等问题行为。前员工报告称,自SEC指控以来,公司内部文化并未得到改善。除了这些问题,报告还指出,超微电脑在维持关键合作关系方面也面临挑战。超微电脑作为主要的芯片供应商,于2024年5月公开支持了Super Micro的竞争对手戴尔(Dell)。曾经是超微电脑重要客户的CoreWeave和Tesla已经将业务转移到了戴尔,这进一步影响了超微电脑的市场地位。经过了长期的上涨后,部分投资者在寻求做空的机会,对于超微电脑这样的公司,应考虑做风险有限的做空期权策略,防范爆仓的风险,此时可以考虑看跌比率反向价差。什么是比率价差? 传统的价差方法的缺点就是向上、向下利润有限,利用比率反向价差可","text":"近日, $超微电脑(SMCI)$ 被美国知 名做空机构兴登堡研究公司(Hindenburg 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FCN入门科普</strong></p><p></p><p>一:FCN是什么?</p><p>二:FCN的优势?</p><p>三:FCN有哪些底层资产?</p><p></p><p><strong>Lesson 2.解锁FCN的投资潜力</strong></p><p></p><p>一:FCN如何挂钩多只股票?</p><p>二:FCN与其他金融工具的比较(期权、雪球)</p><p></p><p><strong>Lesson 3. FCN的风险和收益</strong></p><p></p><p>一:FCN的收益受什么因素影响</p><p>二:FCN的风险</p><p>三:FCN的收益计算示例&实例</p><p></p><p><strong>Lesson 4.FCN实操交易-手把手教你如何买卖</strong></p><p></p><p>一:FCN的产品界面怎么看</p><p>二:如何询价?</p><p></p><p><strong>【声明】</strong></p><p>结构化票据可能涉及金融衍生工具,具有特定的产品风险。投资者应仔细审阅产品资料和条款细则,知悉产品详情及风险披露。市场有风险,投资需谨慎。</p>","url":"https://static.tigerbbs.com/e85bb1c8b27fbde117c46abea08418b2","link":"https://laohu8.com/RN?name=RNCollege&page=%2Fcollege%2Fcourse&rndata=%7B%22gid%22%3A%22C20231011073518216%22%7D","material":{"gid":"20231102030245679","title":"Lesson 1. FCN入门科普","url":"","desc":"","duration":"","content_type":2,"thumbnail":"https://static.tigerbbs.com/6f4fd562f9a397c4e47a413548f437ed","source_type":2,"extra":"{\"relate_type\": 0, \"post_id\": \"236456963911792\"}","pv":6140,"thumbnail_two":"","rn_link":"https://laohu8.com/VIDEO/C20231011073518216/20231102030245679"},"cate_info":{"column_gid":"C20231011073518216","gid":"K20231108095408531","cate_name":"FCN投资课","desc":"3节课轻松实现FCN入门到进阶","status":1},"is_hot":false,"sup_object_id":"C20231011073518216","sup_type":"C20231011073518216"},"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":307922230390952,"gmtCreate":1716198165333,"gmtModify":1716198168263,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you 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这公司从NVDA的小弟到现在已经不是正常的炒作炒概念,更多的来自一路的short squeeze和 gamma squeeze。SMCI上周五跌了20%,如果股价继续下跌,则会开始gamma负反馈。","text":"//@33_Tiger: $超微电脑(SMCI)$ 再现经典Gamma Squeeze,虽然不及GME,但仍是教科书般的走势,一路从300-400 拉到1000,随着上周五大量的到期,促使波动率回归。 Gamma Squeeze 指的是,当股票CALL突然被大量买入,导致股价螺旋向上走势,导致更多投资人蜂拥而至,更多CALL被买入,进而导致股价进一步拉升。由于股价上涨过快,很多价外的CALL都变成价内,CALL的卖方不得不买入股票,对冲期权的风险敞口,以免到期日时候没有股票可以行权。 这公司从NVDA的小弟到现在已经不是正常的炒作炒概念,更多的来自一路的short squeeze和 gamma squeeze。SMCI上周五跌了20%,如果股价继续下跌,则会开始gamma负反馈。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/307922230390952","repostId":"1197812957","repostType":2,"repost":{"id":"1197812957","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1708324090,"share":"https://www.laohu8.com/m/news/1197812957?lang=&edition=full","pubTime":"2024-02-19 14:28","market":"us","language":"zh","title":"期权大单 | 狂飙1100%后暴跌20%,这只AI妖股要崩了?","url":"https://stock-news.laohu8.com/highlight/detail?id=1197812957","media":"老虎资讯综合","summary":"上周五美股期权市场成交48,712,015张合约,其中看涨合约占比59%,看跌合约占比41%。","content":"<html><head></head><body><h3 id=\"id_880334941\">上周五市场概览</h3><p>美东时间2月16日,由于美国1月PPI数据全线超出预期,再次打压了市场对美联储降息的押注,三大指数集体收跌,周线均录得下跌,结束了连续五周上涨的势头。当日美股期权市场成交48,712,015张合约,其中看涨合约(CALL)占比59%,看跌合约(PUT)占比41%。</p><h3 id=\"id_680536718\">期权成交观察</h3><p>特斯拉继续排在个股期权成交量的第一位,英伟达紧随其后。特斯拉上周涨超3%,实现周线三连阳。而英伟达上周涨0.67%,周四、周五连收两根阴线,走势值得多头警惕。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb41336601011d2a304b0b8038670c32\" title=\"\" tg-width=\"430\" tg-height=\"795\"/></p><p>具体来看,我们发现上周五特斯拉出现了针对本周的看涨交易,最高行权价达到210美元。特斯拉本周的走势值得期待。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7768fa174779c329beff66b5a580855a\" title=\"\" tg-width=\"974\" tg-height=\"415\"/></p><h3 id=\"id_1882484043\">异动观察:AI大妖股要崩了?</h3><p>人工智能是迄今为止美股最火的概念,而近期最妖的一只AI股,就要数超微电脑了。<strong>周五该股大跌19.99%,令市场大跌眼镜。要知道去年超微电脑暴涨246%,截至上周五收盘的年内涨幅近200%。而在周五单日大跌之前,其2023年初以来的涨幅更是达到令人瞠目结舌的1100%!</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6704fb269bee4a19ad36a8ce3631a904\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>在这样疯狂的背景下,市场对超微电脑的态度出现了分化。美银分析师称投资者还没有充分认识到超微电脑的潜力,在人工智能服务器这条赛道上,该公司有巨大优势来扩大市场规模,其收入增速甚至会超过50%。</p><p>但与此同时,超微电脑的股票也出现了严重超买的现象。<strong>2月14日相对强弱指数(RSI)一度高达99。</strong>RSI衡量的是价格变动的幅度和速度,数值超过70即表明股票超买。因此,</p><p></p><p><img src=\"https://static.tigerbbs.com/5a2827b9046b84c33282fd94d5c2b502\" alt=\"\"/>上周五,超微电脑的活跃期权成交榜上排名前两位的都是PUT单,空头要收割市场了?这只大妖股是短线回调,还是就此见顶,本周可能会给出更清晰的线索,值得高度关注!</p><p><strong><em>点击交易超微电脑期权: <a class=\"teditor-mention\" data-mention-id=\"SMCI 20240223 790.0 CALL\" data-mention-name=\"SMCI\" href=\"https://laohu8.com/OPT/SMCI%2020240223%20790.0%20CALL\">$SMCI 20240223 790.0 CALL$</a></em></strong> </p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c89a8891a83af0348372908ab28c4553\" title=\"\" tg-width=\"969\" tg-height=\"411\"/></p></body></html>","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>期权大单 | 狂飙1100%后暴跌20%,这只AI妖股要崩了?</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n期权大单 | 狂飙1100%后暴跌20%,这只AI妖股要崩了?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2024-02-19 14:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h3 id=\"id_880334941\">上周五市场概览</h3><p>美东时间2月16日,由于美国1月PPI数据全线超出预期,再次打压了市场对美联储降息的押注,三大指数集体收跌,周线均录得下跌,结束了连续五周上涨的势头。当日美股期权市场成交48,712,015张合约,其中看涨合约(CALL)占比59%,看跌合约(PUT)占比41%。</p><h3 id=\"id_680536718\">期权成交观察</h3><p>特斯拉继续排在个股期权成交量的第一位,英伟达紧随其后。特斯拉上周涨超3%,实现周线三连阳。而英伟达上周涨0.67%,周四、周五连收两根阴线,走势值得多头警惕。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb41336601011d2a304b0b8038670c32\" title=\"\" tg-width=\"430\" tg-height=\"795\"/></p><p>具体来看,我们发现上周五特斯拉出现了针对本周的看涨交易,最高行权价达到210美元。特斯拉本周的走势值得期待。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7768fa174779c329beff66b5a580855a\" title=\"\" tg-width=\"974\" tg-height=\"415\"/></p><h3 id=\"id_1882484043\">异动观察:AI大妖股要崩了?</h3><p>人工智能是迄今为止美股最火的概念,而近期最妖的一只AI股,就要数超微电脑了。<strong>周五该股大跌19.99%,令市场大跌眼镜。要知道去年超微电脑暴涨246%,截至上周五收盘的年内涨幅近200%。而在周五单日大跌之前,其2023年初以来的涨幅更是达到令人瞠目结舌的1100%!</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6704fb269bee4a19ad36a8ce3631a904\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>在这样疯狂的背景下,市场对超微电脑的态度出现了分化。美银分析师称投资者还没有充分认识到超微电脑的潜力,在人工智能服务器这条赛道上,该公司有巨大优势来扩大市场规模,其收入增速甚至会超过50%。</p><p>但与此同时,超微电脑的股票也出现了严重超买的现象。<strong>2月14日相对强弱指数(RSI)一度高达99。</strong>RSI衡量的是价格变动的幅度和速度,数值超过70即表明股票超买。因此,</p><p></p><p><img src=\"https://static.tigerbbs.com/5a2827b9046b84c33282fd94d5c2b502\" alt=\"\"/>上周五,超微电脑的活跃期权成交榜上排名前两位的都是PUT单,空头要收割市场了?这只大妖股是短线回调,还是就此见顶,本周可能会给出更清晰的线索,值得高度关注!</p><p><strong><em>点击交易超微电脑期权: <a class=\"teditor-mention\" data-mention-id=\"SMCI 20240223 790.0 CALL\" data-mention-name=\"SMCI\" href=\"https://laohu8.com/OPT/SMCI%2020240223%20790.0%20CALL\">$SMCI 20240223 790.0 CALL$</a></em></strong> </p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c89a8891a83af0348372908ab28c4553\" title=\"\" tg-width=\"969\" tg-height=\"411\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8563c55eda230bf12ce63dc5314b95d0","relate_stocks":{"SMCI":"超微电脑"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197812957","content_text":"上周五市场概览美东时间2月16日,由于美国1月PPI数据全线超出预期,再次打压了市场对美联储降息的押注,三大指数集体收跌,周线均录得下跌,结束了连续五周上涨的势头。当日美股期权市场成交48,712,015张合约,其中看涨合约(CALL)占比59%,看跌合约(PUT)占比41%。期权成交观察特斯拉继续排在个股期权成交量的第一位,英伟达紧随其后。特斯拉上周涨超3%,实现周线三连阳。而英伟达上周涨0.67%,周四、周五连收两根阴线,走势值得多头警惕。具体来看,我们发现上周五特斯拉出现了针对本周的看涨交易,最高行权价达到210美元。特斯拉本周的走势值得期待。异动观察:AI大妖股要崩了?人工智能是迄今为止美股最火的概念,而近期最妖的一只AI股,就要数超微电脑了。周五该股大跌19.99%,令市场大跌眼镜。要知道去年超微电脑暴涨246%,截至上周五收盘的年内涨幅近200%。而在周五单日大跌之前,其2023年初以来的涨幅更是达到令人瞠目结舌的1100%!在这样疯狂的背景下,市场对超微电脑的态度出现了分化。美银分析师称投资者还没有充分认识到超微电脑的潜力,在人工智能服务器这条赛道上,该公司有巨大优势来扩大市场规模,其收入增速甚至会超过50%。但与此同时,超微电脑的股票也出现了严重超买的现象。2月14日相对强弱指数(RSI)一度高达99。RSI衡量的是价格变动的幅度和速度,数值超过70即表明股票超买。因此,上周五,超微电脑的活跃期权成交榜上排名前两位的都是PUT单,空头要收割市场了?这只大妖股是短线回调,还是就此见顶,本周可能会给出更清晰的线索,值得高度关注!点击交易超微电脑期权: $SMCI 20240223 790.0 CALL$","news_type":1},"isVote":1,"tweetType":1,"viewCount":1462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":428405258359632,"gmtCreate":1745621705844,"gmtModify":1745621707473,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"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":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/428405258359632","repostId":"2528616598","repostType":2,"repost":{"id":"2528616598","kind":"news","pubTimestamp":1745159297,"share":"https://www.laohu8.com/m/news/2528616598?lang=&edition=full","pubTime":"2025-04-20 22:28","market":"us","language":"zh","title":"4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?","url":"https://stock-news.laohu8.com/highlight/detail?id=2528616598","media":"每日经济新闻","summary":"2024年是智驾企业密集上市的一年。其中,自动驾驶产品及解决方案收入4.38亿元,同比增长58.5%;毛利率方面从2023年的24.7%提升至41.1%,归母净利润为3.13亿元。记者在上述两家企业2024年的财报中发现,两家企业均存在研发投入较高的特点。地平线2024年的研发投入高达31.56亿元,同比增长33.4%,占总营收的132.4%。2024年,文远知行的营业费用为22.8亿元,同比增长33.7%,其中研发费用为10.9亿元,同比增长3.1%。","content":"<div>\n<p>2024年是智驾企业密集上市的一年。据《每日经济新闻》记者不完全统计,仅2024年就有高达15家智驾企业在各大交易所上市或推进上市流程,包括速腾聚创(HK02498,股价30.30港元,市值142.8亿港元)、黑芝麻智能(HK02533,股价17.86港元,市值112.6亿港元)、地平线机器人-W(HK09660,股价5.47港元,市值722.1亿港元)、文远知行(WRD. US,股价8.23美元...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b\">Web Link</a>\n\n</div>\n","source":"tencent","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>4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n4家智驾车企2024年年报透析:谁在闷声发财,谁在艰难烧钱?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-20 22:28 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b><strong>每日经济新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2024年是智驾企业密集上市的一年。据《每日经济新闻》记者不完全统计,仅2024年就有高达15家智驾企业在各大交易所上市或推进上市流程,包括速腾聚创(HK02498,股价30.30港元,市值142.8亿港元)、黑芝麻智能(HK02533,股价17.86港元,市值112.6亿港元)、地平线机器人-W(HK09660,股价5.47港元,市值722.1亿港元)、文远知行(WRD. US,股价8.23美元...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WRD":"文远知行","BK4609":"英伟达持仓股","BK4023":"应用软件","BK4124":"机动车零配件与设备","PONY":"小马智行","02533":"黑芝麻智能"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025042022281894dbe6d7&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2528616598","content_text":"2024年是智驾企业密集上市的一年。据《每日经济新闻》记者不完全统计,仅2024年就有高达15家智驾企业在各大交易所上市或推进上市流程,包括速腾聚创(HK02498,股价30.30港元,市值142.8亿港元)、黑芝麻智能(HK02533,股价17.86港元,市值112.6亿港元)、地平线机器人-W(HK09660,股价5.47港元,市值722.1亿港元)、文远知行(WRD. US,股价8.23美元,市值23.42亿美元)、小马智行(PONY.US,股价4.48美元,市值15.63亿美元)等。值得注意的是,在扎堆IPO(首次公开募股)的背后,智驾上市公司在商业化层面呈现出“冷暖各异”的情况。近期,黑芝麻智能、地平线机器人-W(以下简称地平线)、文远知行、小马智行等4家公司都公布了其上市后的首份年报。从主要财务指标来看,地平线和黑芝麻智能主要聚焦自动驾驶芯片、自动驾驶解决方案,面向L2级辅助智能驾驶市场,2024年两家均实现了营收和归母净利润的大幅增长。而文远知行和小马智行以Robotaxi(自动驾驶出租车)、Robotruck(自动驾驶卡车)等业务为主,面向L4级通用自动驾驶市场,2024年仍处于规模投入阶段。对此,辰韬资本执行总经理刘煜冬表示,目前,机构看重的是智驾公司自身实际的规模化商业应用进展,以及在新技术变革下迅速调整和适应的能力。下一阶段,智驾公司的盈利能力也是机构关注的焦点。研发投入成行业“痛点”乘联分会数据显示,2024年,新能源乘用车L2级及以上的辅助驾驶功能装车率达67.8%,与2023年相比提升12.5个百分点。进入2025年,随着车企高喊智驾平权,L2+级别智能辅助驾驶需求旺盛,与之相对应的则是以黑芝麻智能、地平线为代表的面向L2级辅助驾驶市场玩家营收和归母净利润的大幅增长。具体来看,黑芝麻智能2024年营收达到4.74亿元,同比增长51.8%。其中,自动驾驶产品及解决方案收入4.38亿元,同比增长58.5%;毛利率方面从2023年的24.7%提升至41.1%,归母净利润为3.13亿元。地平线的主要业务包括自动驾驶芯片及解决方案、授权及服务。2024年,地平线全年营收达到23.84亿元,同比增长53.6%,其中授权及服务业务收入同比增长70.9%至16.47亿元,占总收入比重从2023年的62%提升至69.1%。毛利率则从2023年的70.5%提升至77.3%,归母净利润为23.47亿元。尽管地平线和黑芝麻智能在2024财年均实现了扭亏为盈,但值得注意的是,在剔除公允价值变动等非经营性因素后,这两家公司仍存在一定程度的亏损。其中,地平线经调整后的净亏损为16.81亿元,同比扩大2.8%;黑芝麻智能经调整后的净亏损为13.04亿元,同比扩大4%。对此,盘古智库高级研究员江瀚在接受记者采访时表示,智驾企业集中IPO,一方面是由于技术的成熟和市场潜力吸引了资本的关注;另一方面,政策支持和竞争压力也在推动智驾企业加快上市步伐。江瀚强调,自动驾驶行业需要大量的资金投入用于技术研发和市场拓展,这是一个长期的过程。记者在上述两家企业2024年的财报中发现,两家企业均存在研发投入较高的特点。其中,黑芝麻智能2024年的研发投入达到14.35亿元,相较于2023年的13.63亿元,同比增长5.3%。地平线2024年的研发投入高达31.56亿元,同比增长33.4%,占总营收的132.4%。L4级自动驾驶待爆发今年3月13日,北京三环区域迎来了自动驾驶商业化运营的重要突破,小马智行和文远知行两家自动驾驶企业同时宣布,其Robotaxi服务正式获准在北京南站至亦庄之间开展收费运营。4月1日,《北京市自动驾驶汽车条例》正式生效,符合国家规定条件的自动驾驶汽车,可以用于个人乘用车出行。随着Robotaxi运营区域的持续拓展及政策的有力支持,这一领域正迎来新的发展契机。不过,与L2级辅助驾驶的快速普及和成功商业化落地相比,以Robotaxi为代表的L4级自动驾驶企业的发展步伐则稍显缓慢。营收层面,2024年小马智行同比小幅增长4.35%至5.39亿元,文远知行则是出现了10%的负增长为3.61亿元。在毛利率方面,小马智行和文远知行分别为15.2%和30.66%。在归母净利润方面,两家仍处于亏损阶段,文远知行2024年净亏损达25亿元,是营收的7倍;小马智行净亏损近20亿元,是营收的3倍。记者发现,小马智行亏损与运营费用支出大幅增长有关。财报显示,小马智行2024年的运营费用(包括研发费用,销售、一般和管理费用等)同比增长85.4%达到2.97亿美元。文远知行亏损扩大的主要原因也是由于开支较高,尤其是研发费用占比近半。2024年,文远知行的营业费用为22.8亿元,同比增长33.7%,其中研发费用为10.9亿元,同比增长3.1%。德邦证券研报表示,Ro-botaxi的发展高度依赖技术、政策支持和资金投入。其中,技术是核心动力,涵盖软件和硬件两大关键领域;政策支持则是商业化的重要推动力。中金公司研报显示,Robotaxi尽管商业化进展较慢,但市场潜力巨大。弗若斯特沙利文预测,到2030年,中国与全球Robotaxi的市场规模预计将分别达到4888亿元和8349亿元。不过,如何坚持到Robotaxi市场迎来爆发,仍是小马智行、文远知行等L4级通用自动驾驶公司亟待解决的难题之一。对此,小马智行副总裁、Robotaxi业务负责人张宁此前在接受记者采访时表示:“小马智行计划在2025年实现单车盈亏平衡,但要支撑高额研发成本,仍需扩大运营规模。”“今年更像是Robotaxi商业化逐步放量的元年。之前,无人驾驶的体验还相对有限,没有那么快走进寻常百姓家。但今年,随着更多城市逐步开放,以及上千台车辆的逐步下线,小马智行的运营规模和体量将增加5倍甚至10倍。因此,今年也是证明商业模式可行性的关键一年。”张宁称。","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368493869826320,"gmtCreate":1731001977524,"gmtModify":1731001979204,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"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":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368493869826320","repostId":"368503523008544","repostType":1,"repost":{"id":368503523008544,"gmtCreate":1730984272031,"gmtModify":1731035152884,"author":{"id":"58341441844653","authorId":"58341441844653","name":"孟浩","avatar":"https://static.tigerbbs.com/d3af5b59c3e4676ee72cb6e0fea0279b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"58341441844653","authorIdStr":"58341441844653"},"themes":[],"title":"【干货】富贵险中求,快来看看单一股票杠杆ETF都有哪些~","htmlText":"不知道大家有没有关注过 <a href=\"https://laohu8.com/S/CONL\">$GraniteShares 2x Long COIN Daily ETF(CONL)$</a> ?它是一只两倍做多 <a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 <a href=\"https://laohu8.com/S/TSLQ\">$Tradr 2X Short TSLA Daily ETF(TSLQ)$</a> 、 <a href=\"https://laohu8.com/S/TSLL\">$Direxion Daily TSLA Bull 2X Shares(TSLL)$</a> )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","listText":"不知道大家有没有关注过 <a href=\"https://laohu8.com/S/CONL\">$GraniteShares 2x Long COIN Daily ETF(CONL)$</a> ?它是一只两倍做多 <a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 <a href=\"https://laohu8.com/S/TSLQ\">$Tradr 2X Short TSLA Daily ETF(TSLQ)$</a> 、 <a href=\"https://laohu8.com/S/TSLL\">$Direxion Daily TSLA Bull 2X Shares(TSLL)$</a> )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","text":"不知道大家有没有关注过 $GraniteShares 2x Long COIN Daily ETF(CONL)$ ?它是一只两倍做多 $Coinbase Global, Inc.(COIN)$标的的ETF,这只ETF在特朗普获选美国总统后大涨61%。近年来,美国市场上推出了许多针对个股的杠杆和反向ETF产品,这类ETF以特定股票为标的,通过杠杆或反向投资策略放大短期收益。它们适合短线投资者、投机者,以及对市场走势有明确判断的高风险偏好者。可能有的朋友对此比较感兴趣,今天想跟大家聊聊这类单一股票ETF。Single Stock ETF的设计与传统ETF不同。传统ETF通常包含多个股票,是一种分散化投资的工具,旨在降低单一股票波动性带来的风险。然而,Single Stock ETF专注于单一股票的表现,通过复制或跟踪某只股票的每日价格波动,甚至提供杠杆化和反向的每日收益。这类ETF可以帮助投资者放大或对冲特定股票的表现,是一种高度投机性的投资工具。Single Stock ETF的主要特点包括:杠杆性:一些Single Stock ETF提供2倍、3倍的杠杆,使投资者能够以更少的资本获取更大的潜在收益。例如,特斯拉的杠杆ETF(如 $Tradr 2X Short TSLA Daily ETF(TSLQ)$ 、 $Direxion Daily TSLA Bull 2X Shares(TSLL)$ )允许投资者在特斯拉股价上涨或下跌时进行2倍或3倍的押注。反向投资:一","images":[{"img":"https://static.tigerbbs.com/efc9cb935d054296b18d273dcbcc719a","width":"480","height":"270"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368503523008544","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363941710934080,"gmtCreate":1729862974581,"gmtModify":1729862976977,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"“使用反向期权:例如,当投资者卖出看涨期权时,标的价格大幅上涨,可以考虑买入一个看跌期权(Put),以防止进一步的上涨带来的更大亏损”,这段话矛盾啊😵💫","listText":"“使用反向期权:例如,当投资者卖出看涨期权时,标的价格大幅上涨,可以考虑买入一个看跌期权(Put),以防止进一步的上涨带来的更大亏损”,这段话矛盾啊😵💫","text":"“使用反向期权:例如,当投资者卖出看涨期权时,标的价格大幅上涨,可以考虑买入一个看跌期权(Put),以防止进一步的上涨带来的更大亏损”,这段话矛盾啊😵💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363941710934080","isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363941324791824,"gmtCreate":1729862879587,"gmtModify":1729862882387,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"“接受行权:在某些情况下,接受行权可能是一个合理的选择。比如,卖出看涨期权被行权后,投资者需要以行权价卖出股票,或者卖出看跌期权后需要以行权价买入股票。接受行权后,投资者可以根据市场情况重新管理头寸”,这段话矛盾啊😵💫","listText":"“接受行权:在某些情况下,接受行权可能是一个合理的选择。比如,卖出看涨期权被行权后,投资者需要以行权价卖出股票,或者卖出看跌期权后需要以行权价买入股票。接受行权后,投资者可以根据市场情况重新管理头寸”,这段话矛盾啊😵💫","text":"“接受行权:在某些情况下,接受行权可能是一个合理的选择。比如,卖出看涨期权被行权后,投资者需要以行权价卖出股票,或者卖出看跌期权后需要以行权价买入股票。接受行权后,投资者可以根据市场情况重新管理头寸”,这段话矛盾啊😵💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363941324791824","isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358554143043832,"gmtCreate":1728545868732,"gmtModify":1728545996558,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"你这样说不对,微软财报公布后,股价落在宽跨式行权价区间内,权利金这时不会全部到手,因为还有 4 天期权才到期,期权买方手中的期权至少还有时间价值,而赌财报的原则恰恰是财报公布立即平仓,所以肯定不会拿到全部权利金,AMD 也是这个道理。现在老虎社区几乎所有讲赌财报期权策略的,都是把期权到期收益当做财报公布后的期权收益(如果有),这中间是有个时间差的,在这个时间差内,股价会不会还在做空宽跨式的行权价格内,是不一定的!","listText":"你这样说不对,微软财报公布后,股价落在宽跨式行权价区间内,权利金这时不会全部到手,因为还有 4 天期权才到期,期权买方手中的期权至少还有时间价值,而赌财报的原则恰恰是财报公布立即平仓,所以肯定不会拿到全部权利金,AMD 也是这个道理。现在老虎社区几乎所有讲赌财报期权策略的,都是把期权到期收益当做财报公布后的期权收益(如果有),这中间是有个时间差的,在这个时间差内,股价会不会还在做空宽跨式的行权价格内,是不一定的!","text":"你这样说不对,微软财报公布后,股价落在宽跨式行权价区间内,权利金这时不会全部到手,因为还有 4 天期权才到期,期权买方手中的期权至少还有时间价值,而赌财报的原则恰恰是财报公布立即平仓,所以肯定不会拿到全部权利金,AMD 也是这个道理。现在老虎社区几乎所有讲赌财报期权策略的,都是把期权到期收益当做财报公布后的期权收益(如果有),这中间是有个时间差的,在这个时间差内,股价会不会还在做空宽跨式的行权价格内,是不一定的!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358554143043832","isVote":1,"tweetType":1,"viewCount":1740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":354408335065320,"gmtCreate":1727533522248,"gmtModify":1727533524536,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"如果价格在120元,将实现最大亏损1400+8对吧?","listText":"如果价格在120元,将实现最大亏损1400+8对吧?","text":"如果价格在120元,将实现最大亏损1400+8对吧?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354408335065320","isVote":1,"tweetType":1,"viewCount":1153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":351325603766488,"gmtCreate":1726795230773,"gmtModify":1726795232903,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"情景2你计算的有问题,股价在到期日介于100美元和130美元之间,买入的100美元行权价看跌期权是虚值,不应行权,103.9是盈亏平衡点","listText":"情景2你计算的有问题,股价在到期日介于100美元和130美元之间,买入的100美元行权价看跌期权是虚值,不应行权,103.9是盈亏平衡点","text":"情景2你计算的有问题,股价在到期日介于100美元和130美元之间,买入的100美元行权价看跌期权是虚值,不应行权,103.9是盈亏平衡点","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351325603766488","isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":350431550144792,"gmtCreate":1726582472961,"gmtModify":1726582474743,"author":{"id":"116836677058780","authorId":"116836677058780","name":"Are you ok","avatar":"https://static.tigerbbs.com/59c3bfe5e33cbcca4f2a9d6934c472ff","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"116836677058780","authorIdStr":"116836677058780"},"themes":[],"htmlText":"味道好极了","listText":"味道好极了","text":"味道好极了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350431550144792","repostId":"348640866672728","repostType":1,"repost":{"id":348640866672728,"gmtCreate":1726130211500,"gmtModify":1744961125739,"author":{"id":"4142574206948102","authorId":"4142574206948102","name":"期权叨叨虎","avatar":"https://static.tigerbbs.com/87212d005a0736e14fa8b5e673df8099","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142574206948102","authorIdStr":"4142574206948102"},"themes":[],"title":"英伟达为例,降息周期科技股怎么玩?","htmlText":"在降息周期中,美股科技股通常受益于以下几个因素:融资成本降低、估值上升、资金流向科技股、美元走弱、科技创新和并购活动增加、消费需求被刺激以及市场情绪的提升。基于此背景,可以使用一些期权策略来利用这些趋势。降息周期对科技股的影响降低融资成本降息会降低融资成本,尤其有利于需要大量资金支持研发、市场扩张和创新项目的高成长性科技公司。提高股票估值降息降低了折现率,使未来现金流的现值更高,从而提高了科技股的估值。资金流向科技股降息使得固定收益资产的回报率下降,促使投资者转向具有高回报潜力的科技股。美元走弱的影响降息通常导致美元走弱,增加科技公司海外收入的价值,提升其财务表现。推动科技创新和并购活动低利率环境下,公司更容易获得低成本的债务融资,推动并购和新技术研发活动。刺激消费需求降息降低消费者贷款利率,提升消费能力,利好依赖消费支出的科技公司。提升市场情绪降息作为经济刺激措施,改善市场情绪,增强投资者对科技股的信心。9月11日周三美股午盘时, 英伟达CEO黄仁勋在高盛组织的一次科技会议上与高盛CEO所罗门对谈,他对“AI芯片需求巨大”导致“英伟达与客户关系紧张”的评述引爆美股,令几大主要股指均在尾盘完全抹去日内跌幅、并实现V型反弹转涨,科技和芯片股领涨态势尤为亮眼。“我们产品需求如此之大,每个人都想第一个拿到,想得到最多的份额。我们今天可能有更多情绪化的客户,这也是情有可原的。关系很紧张,但我们正尽力做到最好。”黄仁勋被问及大规模的人工智能支出是否为客户提供了投资回报。在科技行业的人工智能热潮中,这一直是一个令人担忧的问题。但他表示,除了拥抱“加速计算”,企业别无选择。他说,英伟达的技术加速了传统的工作负载——数据处理,以及处理旧技术无法处理的人工智能任务。英伟达在美股早盘一度小幅转跌下逼107美元,随后伴随着黄仁勋的讲话涨幅不断扩大,到尾盘时仍在不断刷新日高,最高涨8.4%一度升破","listText":"在降息周期中,美股科技股通常受益于以下几个因素:融资成本降低、估值上升、资金流向科技股、美元走弱、科技创新和并购活动增加、消费需求被刺激以及市场情绪的提升。基于此背景,可以使用一些期权策略来利用这些趋势。降息周期对科技股的影响降低融资成本降息会降低融资成本,尤其有利于需要大量资金支持研发、市场扩张和创新项目的高成长性科技公司。提高股票估值降息降低了折现率,使未来现金流的现值更高,从而提高了科技股的估值。资金流向科技股降息使得固定收益资产的回报率下降,促使投资者转向具有高回报潜力的科技股。美元走弱的影响降息通常导致美元走弱,增加科技公司海外收入的价值,提升其财务表现。推动科技创新和并购活动低利率环境下,公司更容易获得低成本的债务融资,推动并购和新技术研发活动。刺激消费需求降息降低消费者贷款利率,提升消费能力,利好依赖消费支出的科技公司。提升市场情绪降息作为经济刺激措施,改善市场情绪,增强投资者对科技股的信心。9月11日周三美股午盘时, 英伟达CEO黄仁勋在高盛组织的一次科技会议上与高盛CEO所罗门对谈,他对“AI芯片需求巨大”导致“英伟达与客户关系紧张”的评述引爆美股,令几大主要股指均在尾盘完全抹去日内跌幅、并实现V型反弹转涨,科技和芯片股领涨态势尤为亮眼。“我们产品需求如此之大,每个人都想第一个拿到,想得到最多的份额。我们今天可能有更多情绪化的客户,这也是情有可原的。关系很紧张,但我们正尽力做到最好。”黄仁勋被问及大规模的人工智能支出是否为客户提供了投资回报。在科技行业的人工智能热潮中,这一直是一个令人担忧的问题。但他表示,除了拥抱“加速计算”,企业别无选择。他说,英伟达的技术加速了传统的工作负载——数据处理,以及处理旧技术无法处理的人工智能任务。英伟达在美股早盘一度小幅转跌下逼107美元,随后伴随着黄仁勋的讲话涨幅不断扩大,到尾盘时仍在不断刷新日高,最高涨8.4%一度升破","text":"在降息周期中,美股科技股通常受益于以下几个因素:融资成本降低、估值上升、资金流向科技股、美元走弱、科技创新和并购活动增加、消费需求被刺激以及市场情绪的提升。基于此背景,可以使用一些期权策略来利用这些趋势。降息周期对科技股的影响降低融资成本降息会降低融资成本,尤其有利于需要大量资金支持研发、市场扩张和创新项目的高成长性科技公司。提高股票估值降息降低了折现率,使未来现金流的现值更高,从而提高了科技股的估值。资金流向科技股降息使得固定收益资产的回报率下降,促使投资者转向具有高回报潜力的科技股。美元走弱的影响降息通常导致美元走弱,增加科技公司海外收入的价值,提升其财务表现。推动科技创新和并购活动低利率环境下,公司更容易获得低成本的债务融资,推动并购和新技术研发活动。刺激消费需求降息降低消费者贷款利率,提升消费能力,利好依赖消费支出的科技公司。提升市场情绪降息作为经济刺激措施,改善市场情绪,增强投资者对科技股的信心。9月11日周三美股午盘时, 英伟达CEO黄仁勋在高盛组织的一次科技会议上与高盛CEO所罗门对谈,他对“AI芯片需求巨大”导致“英伟达与客户关系紧张”的评述引爆美股,令几大主要股指均在尾盘完全抹去日内跌幅、并实现V型反弹转涨,科技和芯片股领涨态势尤为亮眼。“我们产品需求如此之大,每个人都想第一个拿到,想得到最多的份额。我们今天可能有更多情绪化的客户,这也是情有可原的。关系很紧张,但我们正尽力做到最好。”黄仁勋被问及大规模的人工智能支出是否为客户提供了投资回报。在科技行业的人工智能热潮中,这一直是一个令人担忧的问题。但他表示,除了拥抱“加速计算”,企业别无选择。他说,英伟达的技术加速了传统的工作负载——数据处理,以及处理旧技术无法处理的人工智能任务。英伟达在美股早盘一度小幅转跌下逼107美元,随后伴随着黄仁勋的讲话涨幅不断扩大,到尾盘时仍在不断刷新日高,最高涨8.4%一度升破","images":[{"img":"https://static.tigerbbs.com/1c68418377a2d7bd2cf58da4934f51eb","width":"1302","height":"894"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348640866672728","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}