[{"data":1,"prerenderedAt":96},["ShallowReactive",2],{"chapter-futures_prac-c5":3},{"examName":4,"chapter":5,"questions":10},"期貨商業務員資格測驗——期貨交易理論與實務",{"name":6,"sort":7,"count":8,"slug":9},"選擇權基本概念與交易策略",5,22,"c5",[11,16,20,24,28,32,36,40,44,48,53,57,60,64,68,72,76,80,84,87,90,93],{"id":12,"qno":13,"question":14,"session":15},"futures_prac-114-3-014",14,"多頭垂直價差策略適用於預期標的物：","114-3",{"id":17,"qno":18,"question":19,"session":15},"futures_prac-114-3-015",15,"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：",{"id":21,"qno":22,"question":23,"session":15},"futures_prac-114-3-016",16,"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？",{"id":25,"qno":26,"question":27,"session":15},"futures_prac-114-3-017",17,"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？",{"id":29,"qno":30,"question":31,"session":15},"futures_prac-114-3-018",18,"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？",{"id":33,"qno":34,"question":35,"session":15},"futures_prac-114-3-037",37,"認為標的物之市價下跌機會較大，則應：",{"id":37,"qno":38,"question":39,"session":15},"futures_prac-114-3-039",39,"當賣出期貨賣權（Put）且被執行時，其結果如何？",{"id":41,"qno":42,"question":43,"session":15},"futures_prac-114-3-040",40,"買進股票後，又賣出以之為標的的買權：",{"id":45,"qno":46,"question":47,"session":15},"futures_prac-114-3-041",41,"交易人做價差交易，同時買一個履約價為$100 的期貨賣權，賣一個履約價為$140 的期貨賣權，若現在期貨價格為$130，在不考慮權利金下，交易人每單位之損益為何？",{"id":49,"qno":50,"question":51,"session":52},"futures_prac-115-1-016",50,"下列何種情況，歐式買權和賣權的 Delta 敏感度最小？","115-2",{"id":54,"qno":30,"question":55,"session":56},"futures_prac-115-1-018","若交易人同時買一個履約價為 100 的期貨買權，賣一個履約價為 140 的期貨買權，則該交易人最大可能損失為：","115-1",{"id":58,"qno":8,"question":59,"session":56},"futures_prac-115-1-022","假設投資人王先生於 12 月到期黃金期貨分別賣出履約價為 10,800、10,750 買權各一單位，同時買入履約價為 10,775 買權二單位，則王先生此項交易策略為何？",{"id":61,"qno":62,"question":63,"session":56},"futures_prac-115-1-027",27,"吳先生買一個履約價為 15000 的臺指買權、權利金為 230，同時賣一個履約價 15500 的臺指買權、權利金為 180，在臺股指數為多少時，吳先生可以達到損益兩平（不考慮交易手續費及稅）？",{"id":65,"qno":66,"question":67,"session":56},"futures_prac-115-1-029",29,"黃金期貨價格大幅下滑，下列何部位產生之利潤最大？",{"id":69,"qno":70,"question":71,"session":56},"futures_prac-115-1-031",31,"小明看好未來 1 個月長期公債期貨價格的走勢，決定買進履約價格為 87 並賣出履約價格為 93 之利率期貨買權，權利金分別是 C1 與 C2，請問其最大可能執行獲利為：",{"id":73,"qno":74,"question":75,"session":56},"futures_prac-115-1-033",33,"下列何者屬掩護性買權策略（Covered Call）？",{"id":77,"qno":78,"question":79,"session":52},"futures_prac-115-2-024",24,"台積電股票買權 Delta 為 0.6，則賣權的 Delta 為？",{"id":81,"qno":82,"question":83,"session":52},"futures_prac-115-2-026",26,"由於小明看空未來 1 個月長期公債期貨價格的走勢，決定買進履約價格為 100 並賣出履約價格為96 之利率期貨買權，價格分別是 C1 與 C2，請問其最大可能執行獲利為：",{"id":85,"qno":62,"question":86,"session":52},"futures_prac-115-2-027","有一位投資者買入一支股票，一股報價 48 美元，他做了一掩護性買權策略，賣出該股的買權，得到一股權利金 1.9 美元，而其履約價在 50 美元。假如該股價到期時的價格介於 45 美元與 54美元之間，請問這一掩護性買權，每股最低與最高的利潤為例？",{"id":88,"qno":66,"question":89,"session":52},"futures_prac-115-2-029","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：",{"id":91,"qno":70,"question":92,"session":52},"futures_prac-115-2-031","由於小明看空未來 1 個月聯電股票之走勢，決定買進一張履約價格為 45 並賣出一張履約價格為 40 之聯電認購權證，每張權證可認購 1,000 股，權證價格分別是 5 與 8，請問其執行之最大可能獲利為：",{"id":94,"qno":74,"question":95,"session":52},"futures_prac-115-2-033","其他條件不變下，價內臺指買權越深價內，時間價值變化為：",1787293965213]