Indlela iGamma ithinte ngayo i-Delta
Ezi ziGrike zimelela into ebaluleke kakhulu kwilizwe lokukhetha.
Nabani na onokhetho olukhethiweyo kufuneka akhathazeke ngokwazi umngcipheko ochaphazelekayo wokuba naloo ndawo. Kwaye amaGrike aya kuhlangula kuba asetyenziswa ukulinganisa umngcipheko. Ukucaciswa: AmaGrike asitshela nje ngemali esinokuyilindela ukufumana (okanye ukulahleka) xa ixabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lexabiso lenkxaso. Uqikelelo luya kufumaneka ngokuchanekileyo kwipenisi elikufuphi, kodwa uqikelelo luchanileyo ngokufanelekileyo ukuba umthengisi akumele amangaliswe xa kukho iholo elikhulu okanye lilahlekile.
Ukuba uthabatha ixesha lokusebenzisa izixhobo zolawulo lomngcipheko wakho (okwenene, ungasebenzisa lakho) ukudweba umfanekiso (oko kukuthi, intengo yesitokisi se-stock / P / L kwigrafu), awusoze wamangaliswa ngokungalindelekanga ukulahleka okukhulu. Okukuvumela ukuba wakhe indawo apho ingozi yokulahleka ihlala kwindawo yakho yokuthuthuzela . Oku kufezwa ngokuba nesimo ngesayizi esesikweni esifanelekileyo.
Amashadi anika umfanekiso ocacileyo wokuba imali ilahleke okanye ifunyenwe xa iveki enye idlulayo, okanye ukuba isitokthi sinyuka phezulu ngo-5%, okanye ukuba ukunyanzeliswa komsebenzi kuphakama ngo-10%, njl. izimvo emva kokukhetha:
- Delta: Abanikazi beefowuni ngokuqhelekileyo * bazuza inzuzo xa isitokisi esingaphantsi siphume ngenxa yokuba iifowuni zinokuthi ziphile ngeDafa;
- Beka abanikazi ngokuqhelekileyo * bazuza inzuzo xa isitokisi esingaphantsi siwela ngenxa yokuba i-Delta engafanelekanga.
* Akunjalo 'rhoqo' kuba enye into ingaba enkulu ngokwaneleyo ukucima i-Delta.
- Theta: Zonke iinketho ziza ngeTheta engalunganga, kwaye zilahlekelwe yixabiso njengoko iintsuku zidlulayo.
- Vega: Zonke iinketho ziza neVega enhle. Ngaloo ndlela, ukhetho lunokuxabisa xa kuphakanyiswa ukunyaniseka. QAPHELA: Kuyinto engathandekiyo (IV) echaphazela ngokuthe ngqo ixabiso lokukhetha, kodwa xa kuqhubeka ukunyuka kweemarike kwenyuka, kunjalo ne-IV.
IziGrike zokuQala kunye neZibini
I-oda yokuGrike yokuqala ilinganisa indlela ixabiso lokukhetha litshintsha ngayo enye yeeparitha echaphazela ukuguquka kwexabiso lentetho.Umyalelo wesibini weGrike ulinganisa indlela ukubaluleka komyalelo wokuqala wesiGrike xa enye yeeparitha echaphazela ukuguquka kwexabiso lentetho.
Umzekelo: I-Order yokuqala yeGrike
Xa intengo yesitokisi ikhula, i-Delta iyilungisa utshintsho olulindelekileyo kwixabiso lokukhetha.
- Xa i-Delta ingama-35, ukhetho lokufowunela luzuze ~ 35% ubuninzi bexabiso njenge-stock (oko kukuthi, i-35 -enti nganye ngeyona ndawo).
- Xa i-Delta ingu -35, faka izinto ezikhethiweyo zilahlekelwa ngu-35% ngokuthe xa kuthengiswa intengo yesitoko.
Xa intengo yesitokhwe iyancipha, i-Delta isaqhubeka nokulinganisa utshintsho olulindelekileyo kwixabiso lokukhetha.
- Xa i-Delta ingama-20, ukhetho lokufowunela lulahlekelwa ngu-20% ngaphezu kokuguquka kwexabiso lesitoko.
- Xa i-Delta ingama-30, khetha iindlela zokufumana i-30% ngokuthe xa ixabiso lentengo liyehla.
Xa unayo inketho (oko kukuthi, xa isikhundla sakho sineGama elihle), uza kufumana uluhlu oluthile lwamanani xa olo Delta landa ngokukhawuleza njengoko ixabiso lesitoko lihamba phezulu. Le ngqungquthela ibhekiselwa kuyo ngokuthi "ukuqhuma i-delta" kwaye ivelise kwiingeniso ezinkulu. Olu hlobo luhlala luba malunga ne-25 ukuya kwi-40 delta.
Nangona kunjalo, kuwo wonke umthengi ongakhetha kukho, kukho umthengisi kunye nalabo bahlambalaza i-deltas yenye yezizathu zokuthengisa ngaphandle kwe-ecaleni (oko kukuthi, isikhundla esingenakho ukukhusela) sikhephe kakhulu.
Umzekelo: Okwesibili-I-Greek Order
Xa intengo yesitokisi ikhula, i-Gamma ilingisa utshintsho olulindelekileyo kwi-Delta. Ngamanye amagama, iGamma iyalinganisa uvelwano lweDalta kutshintsho kwixabiso lentengo.
- Xa i-Gamma i-3 kunye ne-Delta ingama-26, ukhetho lokufowunela lunokufumana i-Delta e-3 (ukuya ku-29) xa intengo yesitokthi ishukumisa indawo enye.
- Xa i-Gamma i-3 kunye ne-Delta ngu -26, khetha izinto ezikhethiweyo zilahlekelwa yi-3-Delta (ukuya ku-23) xa intengo yesitokthi ishukumisela enye indawo ephakamileyo.
Xa ixabiso lesitoko liyehla, iGamma iyalingisa utshintsho olulindelekileyo kwi-Delta.
- Xa i-Gamma i-5 kunye ne-Delta ingama-65, ukhetho lweefowuni lulahlekelwa yi-Delta e-5 (ukuya ku-60) xa intengo yesitokthi ishukumisela enye indawo ephantsi.
- Xa i-Gamma i-5 kunye ne-delta ngu -65, khetha iindlela zokufumana i-Delta e-5 (ukuya kwi -70) xa intengo yesitokthi ishukumisela enye inqaku eliphantsi.
Ngaphandle kweGamma, ezinye ii-Greeks zokulandelelana eziqhelekileyo zisoloko zingasetyenziselwa iindlela zokuthengisa abathengisi.
Ngaphantsi kweemeko ezahlukeneyo , sabona ukuba utshintsho lwexabiso lesitokhwe e-2 aluzange luchaphazele ukhetho lwefowuni njengoko kulindelwe. Oku kwenzeka ngenxa yokuba i-Delta ishintshile. Kwakuyi-51 kwixabiso lempahla yokuqala, kodwa emva kokuhamba, i-delta yayihlukile. Uqikelelo olungcono lwefuthe le-delta luvela ekusebenziseni i-delta ephakathi-iphakathi phakathi kokuqala (oko kukuthi, i-Delta kwixabiso lempahla yokuqala) kunye nokuphela kwe-delta (Delta kwixabiso lokugqibela lentengo).
I-Summa Summary
Zonke izinto ezikhethiweyo zinegama elihle.
Xa unayo inketho, yongeza i-Gamma yayo kwisikhundla sonke seGamma.
Xa uthengisa ukhetho, susa i-Gamma yayo kwindawo yeGamma.
I-Gamma inkulu xa ixabiso lentengiso lisondele kwintengo yesitoktho [oko kukuthi, ukhetho lukhoyo (okanye lusondele) kwi-Delta engu-50] kwaye luyancipha njengoko ukhetho luhamba ukusuka kwintengo yesiteyibhile kwaye luqhubeka ngakumbi kwimali (ITM) okanye ngaphezulu ngaphandle kwemali (OTM).
Ngokumisela umngcipheko wemeko, kunye nokunciphisa umngcipheko (xa kuyimfuneko), uqhuba ukulawulwa kweengozi.