[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-fin_plan_tools-48-035":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-48-035","48",35,"下列何種組合稱為空頭價差？",[13,14,15,16],"買進低履約價格的 Call，賣出高履約價格的 Call","買進低履約價格的 Put，賣出高履約價格的 Put","買進高履約價格的 Call，賣出低履約價格的 Put","買進高履約價格的 Put，賣出低履約價格的 Put",3,"衍生性金融商品",1,"空頭價差是預期標的下跌的策略，用賣權建構時，應買進履約價較高的Put、同時賣出履約價較低的Put，如此在標的下跌時整體部位獲利、上漲時損失有限，故選(D)。(A)買進低履約價Call、賣出高履約價Call是預期上漲的多頭買權價差，方向相反；(B)買進低履約價Put、賣出高履約價Put收取淨權利金、看不跌，屬多頭賣權價差；(C)組合不成標準的空頭價差。判斷要領是空頭看跌，用同類選擇權時買高賣低（賣權）或買高賣低（買權）以建立看跌價差。","hard",[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":10},"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？",1787293950679]