[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-futures_prac-115-2-020":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"futures_prac","期貨商業務員資格測驗——期貨交易理論與實務","c4",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"futures_prac-115-2-020","115-2",20,"小華賣出 3 月 DJIA 指數期貨，價格為 535.15，並買入 6 月 DJIA 指數期貨，價格為 545.00。當價差(近月－遠月)變為－20 時予以平倉，則損益為何？(假設 DJIA 期約規格為 250)",[13,14,15,16],"損失$2,537.5","獲利$2,537.5","獲利$507.5","損失$507.5",1,"投機性期貨交易與價差交易","小華賣近月、買遠月，屬於空頭價差，價差（近月減遠月）縮小才會獲利。建倉時價差＝535.15－545.00＝－9.85，平倉時價差＝－20，價差變動＝－20－（－9.85）＝－10.15，對空頭價差而言正是有利方向。損益＝10.15×250＝2,537.5，為獲利，故 (B) 正確。(A) 把獲利方向判斷相反。(C)(D) 的 507.5 只用單邊 2.03 點乘上契約乘數，忽略了兩腿合計的完整價差變動，金額與方向都不對。","hard",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"futures_prac-114-3-011","在正向市場下，某交易人在 CBOT 市場發現 3 月份和 5 月份的玉米期貨間的價差過大，應該如何交易才能獲利？",11,{"id":27,"question":28,"qno":29},"futures_prac-114-3-012","同上題，此價差交易是何種類？",12,{"id":31,"question":32,"qno":33},"futures_prac-114-3-013","同上題，若此交易人在價差為 12 美分／每英斗作此價差交易，而在價差為 7 美分／每英斗把他的部位做結清，則此交易人的損益為多少？",13,{"id":35,"question":36,"qno":37},"futures_prac-114-3-030","如何利用期貨契約提高系統性風險？",30,{"id":39,"question":40,"qno":41},"futures_prac-114-3-036","分析市場間價差交易時重視的是：",36,{"id":43,"question":44,"qno":45},"futures_prac-114-3-038","兀鷹價差（Condor Spread）交易會使用幾個月份之期貨？",38,1785904151901]