USB过去三个月跑输大盘，而财报前的弱势股票通常预示坏消息，因此财报前展望看跌、风险有限；随着摩根大通的财报显示行业降温，USB等较弱的银行股可能进一步下跌。
逐段跳播
Wells Fargo、US Bancorp、Citigroup、First Fifth Third、M&T、Goldman Sachs、Bank of America、Citizens、PNC。
正如你在下面看到的，几乎每一只股票都是如此。看看金融板块中有多少只股票跑输大盘，并且在财报公布前表现相对疲弱。
Wells Fargo, US Bancorp, Citigroup, First Fifth Third, M&T, Goldman Sachs, Bank of America, Citizens, PNC. Almost every stock, as you can see here below. Look at the number of stocks in the financial sector that underperform the market and have a relatively weak performance before earnings announcements.
现在，正如你所看到的，US Bancorp、Bank of America、JP Morgan。JPMorgan今早刚刚公布了业绩，所以这里不适用。Progressive、BNG、Wells Fargo、Citigroup、Interactive Brokers。
我的下跌名单上有很多名字，对吧？这些都是相对疲弱的股票。它在过去三个月表现不佳。所以，当你持有一只表现不佳、并在上一季度持续下跌的股票时，这在财报季前不是一个好迹象。这并不保证该股一定会下跌，但从统计上看，如果一只股票表现落后且业绩不佳，这通常意味着随着财报季临近，前方可能存在一些潜在的坏消息。
所以，正如你所看到的，US Bancorp和Bank of America排在名单前列，这给了我一些机会，在财报公布前以有限的风险采取主要看空的立场。
Now, as you can see, "US Bancorp", "Bank of America", "JP Morgan". JPMorgan just announced its results this morning, so that doesn't apply here. Progressive, BNG, Wells Fargo, Citigroup, Interactive Brokers.
There are a lot of names on my downward list, aren't there? These are stocks with relatively weak strength. Its performance has been poor over the past three months. So, when you have a poorly performing stock that has continued to decline over the previous quarter, that's not a good sign ahead of earnings season.
It is not a guarantee that the stock will decline, but statistically, if a stock is underperforming and its results are poor, this is usually a sign that there is some potentially bad news ahead as the earnings season approaches.
So, as you can see, US Bancorp and Bank of America are at the top of the list, giving me some opportunity to take a primarily bearish view with limited risk ahead of earnings.
所以，正如你所看到的，US Bancorp是根据风险与回报为你构建的。在US Bancorp上，从现在到11月6日到期日之间，我冒992美元的风险，去博取2200美元的潜在利润。
所以，基本上是买入一个53-57的价差，或者说抱歉，是一个53-57的价差，一个看跌的卖出价差。所以，我买入一份执行价为57的看跌期权，并卖出一份执行价为53的看跌期权。这样我的风险回报比会略好于二比一。我冒不到一千美元的风险，去赚超过2200美元。
So, as you can see, US Bancorp is structured for you based on risk versus return. At US Bancorp, I risk $992 for a potential profit of $2,200 between now and the expiration date of November 6.
So, basically, buying a 53-57 spread, or sorry, a 53-57 spread, a bearish sell spread. So, I buy a put option at an execution price of 57, and sell a put option at an execution price of 53.
That will give me slightly better risk than two to one. I risk less than a thousand dollars to earn more than 2200 dollars.
所以，如果你看看所有这些股票，所有这些金融股，对吧？US Bancorp、Citigroup，我对所有这些股票都持看空观点，但从期权策略的角度看，它们并不都具有相同的风险回报比。
So, if you look at all these stocks, all these financial stocks, right? US Bancorp, Citigroup, I have a bearish outlook on all of these stocks, but they do not all have the same risk-to-reward ratio from an options strategy perspective.
这个系统在几秒钟内一次性为你完成所有工作，告诉你如果你看空金融板块、担心这些银行可能表现不佳，US Bancorp和Bank of America会给你最好的风险回报比。
This system does all the work for you at once in a few seconds, telling you that US Bancorp and Bank of America will give you the best risk-to-reward ratio if you are pessimistic about the financial sector and worried that these banks may perform poorly.
我认为JPMorgan今早的财报证实，金融板块已不再是几个季度前那个蓬勃发展的板块。尽管JPMorgan的业绩略好于预期，但固定收益交易仍出现下滑。它们仍然是我们认为该领域中最优秀的。
所以，如果JPMorgan是它们当中最好的，而我们开始看到它出现下滑迹象，那么一些较弱的公司，比如US Bancorp、Bank of America和Wells Fargo，可能会开始出现更多下跌，对吧？
I think JPMorgan's earnings report this morning confirms that the financial sector is not the booming sector it was a few quarters ago. Fixed income trading declined, even though JPMorgan's results came in slightly better than expected.
They are still what we consider the best in this field. So, if JPMorgan is the best of them all, and we start to see signs of a decline in it, then some of the weaker names, such as US Bancorp, Bank of America, and Wells Fargo, might start to see more declines, right?