Options期权工作台 One workspace for the settled close — brief, scanner, per-name, leaders. 收盘后的统一工作台 — 简报、筛选、个股、领头股。

This page maps where big options dealers are likely to push or cushion the price. It's a map of levels — not a buy/sell signal, not a price target.本页标示大型期权做市商可能推动或缓冲价格之处。这是价位地图 — 并非买卖信号、也非目标价。

• <b>Dealers</b> are the banks that sell most options. To stay neutral they constantly buy and sell the stock against what they've sold — and that hedging quietly pushes the price around.<b>做市商</b>是卖出大部分期权的银行。为保持中性，它们不断反向买卖股票 — 这种对冲会悄悄推动价格。
• Sometimes their hedging <b>calms</b> the market, sometimes it makes it <b>jumpy</b>. Leaning against moves keeps price in a range; piling into moves makes trends and air-pockets bigger. It's about how volatile — not which direction.对冲有时让市场<b>平静</b>、有时让市场<b>跳动</b>。逆势对冲使价格停在区间；顺势对冲使趋势与急跌更大。这关乎波动多大 — 而非方向。
• <b>Walls</b> are the prices where that hedging is heaviest — a call wall above acts like a ceiling, a put wall below like a floor. Each is scored Strong → Faint. Price tends to stall there; it doesn't aim there.<b>墙</b>是对冲最重的价位 — 上方看涨墙像天花板，下方看跌墙像地板。每面墙有强弱评分。价格倾向在此停滞，而非以此为目标。
• <b>The flip</b> is the line between the calm and jumpy regimes — watch it like a thermostat, not like support/resistance.<b>翻转</b>是平静与跳动体制的分界 — 像恒温器一样观察它，而非支撑/阻力。
• How to use it: pick a name, read the one-line verdict, look at the ladder, then watch the <b>daily-close</b> triggers. The math is solid for indices and big ETFs, loose for single stocks.用法：选一个标的，读一行结论，看价位图，再关注<b>日线收盘</b>触发。对指数与大型ETF稳健，对个股宽松。