[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-fin_plan_tools-46-037":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"fin_plan_tools","理財規劃人員專業能力測驗——理財工具","c7",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"fin_plan_tools-46-037","46",37,"台指指數報價為 4525，台指選擇權 4500 賣權(PUT)，權利金為 125，該履約價權利金的內含價值為何？",[13,14,15,16],"0","100","125","150",0,"衍生性金融商品",1,"賣權（Put）的內含價值＝履約價−標的指數，且不得為負，遇負值時一律以0計。本題履約價4500低於指數報價4525，4500−4525為負值，代表此賣權目前處於價外（out of the money），沒有立即履約的利益，內含價值為0，故正確答案為(A)。(C)125是全部權利金，其中不含任何內含價值、全屬時間價值；(B)100與(D)150則為誤算，並非內含價值。權利金＝內含價值＋時間價值，價外選擇權的價值完全來自時間價值，這是判斷內含價值的核心觀念。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"fin_plan_tools-46-007","有關「外匯市場交易工具」之敘述，下列何者錯誤？",7,{"id":28,"question":29,"qno":30},"fin_plan_tools-46-031","下列何項因素對選擇權買權之價格的影響，呈現反向關係？",31,{"id":32,"question":33,"qno":34},"fin_plan_tools-46-032","選擇權的買方：",32,{"id":36,"question":37,"qno":38},"fin_plan_tools-46-033","某人持有股票想獲利了結，又擔心股票會繼續上漲，則可採用下列何種策略？",33,{"id":40,"question":41,"qno":42},"fin_plan_tools-46-034","假設買入一股票買權，目前股價為 50 元，履約價格為 48 元，選擇權到期當日方可履約，假設到期股價為 45元，請問屆時買權的投資人會採取的行動及該選擇權類別為何？",34,{"id":44,"question":45,"qno":46},"fin_plan_tools-46-035","若股票選擇權買權之履約價為 35 元，選擇權價格為 5 元，當交易人買入該買權後，其損益兩平之股價應為多少元？",35,1787293949450]