[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-futures_prac-115-2-029":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"futures_prac","期貨商業務員資格測驗——期貨交易理論與實務","c5",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"futures_prac-115-2-029","115-2",29,"假設目前期貨價格為 910，買進 12 月份 S&P500 期貨買權(Call)，履約價格 900，權利金為 30，同時買進 12 月份期貨賣權(Put)，履約價格 900，權利金為 10，此種交易策略損益兩平點的期貨價格為：",[13,14,15,16],"900","910","930","940",3,"選擇權基本概念與交易策略",1,"同時買進同一履約價的買權與賣權，是買進跨式策略，總成本＝30＋10＝40，賭的是波動幅度而非方向。到期時只有一邊有價值，必須讓履約的那一邊回收 40 才能打平，因此損益兩平點有兩個：900＋40＝940 與 900－40＝860。選項中出現的是 940，故 (D) 正確。(A) 900 是履約價，此時兩個權利金全數虧光，反而是最大損失點。(B) 910 是目前期貨價格，與成本高低無關。(C) 930 只回收 30，還不足以彌補全部的權利金支出。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"futures_prac-114-3-014","多頭垂直價差策略適用於預期標的物：",14,{"id":28,"question":29,"qno":30},"futures_prac-114-3-015","買入 6 月份 S&P500 期貨 1,380 買權，賣出 9 月份 S&P500 期貨 1,390 買權，此為：",15,{"id":32,"question":33,"qno":34},"futures_prac-114-3-016","期權委託，在下單時除須註明商品種類、月份、履約價格、買權或賣權外，下列何者說明是必要的？",16,{"id":36,"question":37,"qno":38},"futures_prac-114-3-017","若投資人預期美國聯邦準備理事會近期的未來，仍要引導市場利率上升，投資人想要執行投機性交易，投資人應進行以下何種策略最適合？",17,{"id":40,"question":41,"qno":42},"futures_prac-114-3-018","關於賣出買權(writing a call option)和買進賣權(buying a put option)的描述,下列哪項是正確的？",18,{"id":44,"question":45,"qno":46},"futures_prac-114-3-037","認為標的物之市價下跌機會較大，則應：",37,1785904151994]