我觉得在一定程度上可以。就像可以通过调节仓位来做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， 可以放的很远to signigantly reduce risks. But that protection comes with a price of giving up some upside potential. 和卖掉一些股 （for example, sell 10-20% qqq for risk control ) 效果类似