[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-fin_plan_tools-48-032":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"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":17,"explanation":19,"difficulty":20},"fin_plan_tools-48-032","48",32,"期貨採用保證金交易，其性質為下列何者？",[13,14,15,16],"交易之部分價款","履約保證","通常為交易價金之百分之五十以上","與契約價金之間無關",1,"衍生性金融商品","期貨採保證金交易，投入的保證金並非買賣標的的部分價款，而是擔保交易雙方將來會依約履行契約的履約保證，故選(B)。(A)把保證金當成部分價款是誤解，期貨在到期或平倉前並未真正支付契約價金；(C)保證金金額通常只占契約總值的一小部分（具高度槓桿），而非交易價金的五成以上；(D)保證金水準是依契約價值與波動風險訂定，與契約價金高低相關，並非無關。理解保證金的本質是履約擔保而非價款，是作答關鍵。","medium",[22,26,30,33,37,41],{"id":23,"question":24,"qno":25},"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":27,"question":28,"qno":29},"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":31,"question":32,"qno":10},"fin_plan_tools-46-032","選擇權的買方：",{"id":34,"question":35,"qno":36},"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":38,"question":39,"qno":40},"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":42,"question":43,"qno":44},"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？",35,1787293950640]