[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-futures_prac-115-1-021":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","c4",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"futures_prac-115-1-021","115-1",21,"假設 6 月份期貨價格對於市場行情的變化較 3 月份期貨敏感，若小華預期未來行情將會轉差，請問他應如何操作價差策略？",[13,14,15,16],"賣出 6 月份期貨","買進 3 月份期貨","買進 3 月份期貨、賣出 6 月份期貨","買進 6 月份期貨、賣出 3 月份期貨",2,"投機性期貨交易與價差交易",1,"題設6月份期貨對行情變化較3月份敏感。小華預期未來行情轉差(下跌)，價差操作上應賣出對行情較敏感的6月份、同時買進較不敏感的3月份，如此下跌時6月份跌幅大於3月份，空腿獲利高於多腿虧損，整體價差獲利，故選(C)。(A)僅賣6月、(B)僅買3月都是單腿部位，非價差交易；(D)買6月賣3月方向與判斷相反，行情下跌時反而虧損。掌握「看跌就賣敏感腿、買遲鈍腿」的價差原則即可正確配置。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"futures_prac-114-3-011","在正向市場下，某交易人在 CBOT 市場發現 3 月份和 5 月份的玉米期貨間的價差過大，應該如何交易才能獲利？",11,{"id":28,"question":29,"qno":30},"futures_prac-114-3-012","同上題，此價差交易是何種類？",12,{"id":32,"question":33,"qno":34},"futures_prac-114-3-013","同上題，若此交易人在價差為 12 美分／每英斗作此價差交易，而在價差為 7 美分／每英斗把他的部位做結清，則此交易人的損益為多少？",13,{"id":36,"question":37,"qno":38},"futures_prac-114-3-030","如何利用期貨契約提高系統性風險？",30,{"id":40,"question":41,"qno":42},"futures_prac-114-3-036","分析市場間價差交易時重視的是：",36,{"id":44,"question":45,"qno":46},"futures_prac-114-3-038","兀鷹價差（Condor Spread）交易會使用幾個月份之期貨？",38,1787293966291]