我覺得在一定程度上可以。就像可以通過調節倉位來做risk control

比如 using  wheel strategy on QQQ. The risk is lower than directly buying/holding QQQ itself because you have two additional premiums: calls and puts. 尤其是第一步selling OTM puts， 可以放的很遠to signigantly reduce risks. But that protection comes with a price of giving up some upside potential. 和賣掉一些股 （for example, sell 10-20% qqq for risk control ) 效果類似