Ku rid ikhtiyaarka - hab cusub si ay u helaan

Dadka qaba lacagta dheeraadka ah, doondoonaan si loo hubiyo in ay maal faa'iido. Marka tan la eegayo, suuqyada maaliyadeed ee Western fog ka hor gudaha u, sida ee dalka in ka badan 70 sano oo qalab ka fiirsato xiiso noo yimid, fudud, ma. suuqyada Yurub, America iyo Asia for 70-80 sano. qarnigii 20aad dhowr daalan noocyo kala duwan oo kulan ee qeybta ka mid ah securities, taas oo keentay in soo bixitaanka of taagayo - taagayo.

Maanta, securities derivative, taas oo ka mid ah ku riday oo wac fursadaha, waxaa lagu qeexaa sida securities in qiimaha wax (alaabta, securities, indices, dulsaarka, iwm). Ama sida xuquuqda uncertificated, oo ka muuqda ee haysta ee la xiriirta qiimaha hantida salka derivative ah.

qalabka dhamaadka ay 90s ee qarnigii 20-aad sida suuqyada stock "buunbuuniyo" ee dalal kala duwan, waxaa qariyo jahwareer dhaqaale, shil suuqa saamiyada ee 1997 iyo xasilooni nidaamka bangiyada, ee suuqyada maaliyadeed ee Asian.

Ha ka fikiro si aynu si faahfaahsan waxa doorasho ku shubtaa ah iyo call a. Guud ahaan, ikhtiyaarka ah waa heshiis siinaya xaq (non-dhaba) waqti cayiman si gato ama la iibsado hantida, taas oo ku salaysan heshiiska. Waayo, afku ee xaq noocan oo kale ah waxaa lagama maarmaan ah in ay bixiyaan lacagta caymiska ah (i), taas oo ah qayb yar oo yar oo qiimaha guud. Qiimaha iibka ah mustaqbalka (sale) (p) ayaa lagu wadaa in heshiiska oo aan la beddeli karin.

Xiriirada noocan ah kala qaybsan yihiin doorasho gelin iyo call (ka Ingiriisida ah ee "gelin" iyo "wac"). Ikhtiyaarka hore siinayaa xaq u leeyihiin inay iska iibiso hanti, iyo tan labaad - si ay u iibsadaan. Haddii qiimaha hanti, hadda waqtiga fulinta heshiiska, aadan ku qanacsaneyn heysata, ka dibna heshiis la dhammayn tan, doorasho stress ayaa xaqiijiyay kaliya xaq u, ma aha waajib ku ah. Alaabtii kuwan, maal ka faa'iidaysan karaan isbeddel ah ee qiimaha badeecadda, kaydka, iwm .., Aan iyaga dhab lahaanshaha, taas oo ah sababta taagayo heshay qaybinta ballaaran sida.

doorasho saar (call) waxaa laga yaabaa Maraykan (sameeyaa waqti kasta ka hor dhamaadka muddada heshiiska) ama Yurub (sameeyaa oo keliya ee waxqabadka taariikhda heshiiska). Laga soo taagayo kale - mustaqbalkooda - ikhtiyaarka ah waa ka duwan yahay in ay dhacdo qaab of hantida heshiis lammaan daruuri timaado.

faa'iido ka iman kara kuwa ku gatay doorasho ku shubtaa ah, xisaabinayaa qiimaha ku cad heshiiska (p) ah, oo laga jaray qiimihii hantida suuqa maalinta fulinta (h) iyo caymiska (i). Natiijada A wanaagsan ee macaamil ganacsi ee dhici karaa oo kaliya haddii h

Tusaale ahaan, waxaad ka iibsan doorasho ku shubtaa, waayo, saamiyada ku leh qiimaha shaqo joojin 60 rubles a a. ka dib markii 3 bilood. Plus bixiyo qaddar ah, tusaale ahaan, 5 rubles. Waxaa la filayaa in qiimaha waxay hoos ugu dhaadhici doontaa markii ilaa 50 rubles. Waqtiga fulinta heshiiska aad ka iibsan saamiyada qiimo in, iyaga iibin doorasho oo ay ka dhigi a faa'iido = 70 - 60 - 5 = 5 rubles halkii share.

Koobaya, waxaan dhihi karaa in ikhtiyaarka runtii waa aalad in faa'ido laga helo khasaara yar oo ah qaab gunooyinka.