Isingeniso kwiiNkcazo zokuPhezulu kweeNqununu

OTC Iziphumo

Ngokuqhelekileyo, ukuba umtyalo-mali ufuna ukuthengisa okanye ucacise ukhetho, uya kusebenzisa iitheyibhile zokukhetha kwiphephandaba okanye kwiwebhusayithi yomthengisi . Iintlobo ezahlukeneyo zibeka kwaye zibiza ukuba ukhuseleko olunikeziwe luya kuboniswa kwimini eyahlukeneyo yokuphela, ukuphuma ukuya kwiminyaka emibini kwimeko ye- LEAP .

Ezi ntlobo zezinto ezikhethiweyo zidweliswe ngokutshintshiselana kwaye zithengisa ngendawo yokucoca. Musa ukukwesaba - itywina phambili, kodwa ayikho.

Ngaphandle kokungena kwiinkcukacha zobuchwephesha, oko kuthini ngokuthe ngempumelelo kukuba ukusebenza kokhetho lwakho kuqinisekiswe nguchitshintshi ngokwayo. Umntu ngamnye othatha inxaxheba uhlawuliswa umrhumo wokunceda ukukhawuleza okungenakwenzeka, kunye neengxaki ezibhekiselwe kude. (Ngenxa yokucaca kumzekelo olandelayo, ndiza kugcina amaxabiso okuqala abonisiwe ngeli xesha ndipapashile eli nqaku ngoJuni 2009.) Ngamanye amazwi, ukuba uthenge iimvumelwano ezi-10 zokunika umnxeba ukuthenga I-Coca-Cola i-$ 50.00 ngesabelo ngasinye ngelokuLwesihlanu, ngoJanuwari 15, 2010, uza kuhlawula i-$ 3.00 ngesabelo ngasinye, okanye i-$ 3,000 iyonke (nganye inkontileka yokukhethwa kweefowuni imela iikota eziyi-100 ukwenzela ukuba izivumelwano ezili-10 x izabelo eziyi-100 x $ 3.00 ngesabelo = $ 3,000).

Ukuba iCokeke yayiya ku-60% isabelo ngasinye, ungasebenzisa ukhetho lweefowuni kunye nokufaka i-pocket inzuzo-kule ngxaki, ixabiso le-60.00 yexabiso lokuthengiswa - i-$ 53.00 iindleko (ezibandakanya i-$ 50.00 kwisitoksi kunye ne-3.00 yekhetho) okanye i-$ 7.00 ngesabelo ngasinye.

Ngaloo ndlela, ukunyuswa kwama-20% kwi-stock yeCoca-Cola kubangelwe ukufumana inzuzo engama-133% kwizinto ozikhethayo. Inketho oyithengileyo kufuneka kuthengiswe ngumntu, mhlawumbi umtyalo-mali othe ngqo othengisa iifowuni njengenxalenye yokuthengwa kwempahla yokuthenga. Kufuneka bahlangule isitokisi.

Kwenzeka ntoni ukuba omnye umntu, owaziwa ngokuba ngumlingani, akakwazi?

Kuthekani ukuba bafa? Waya kubhaqwa? Yilapho iindawo zokucoca zendawo ziza kuzaliseka kwaye zizalise isivumelwano. Ngokwenene, ngamnye wenu wenza idibaniselwano kunye nendawo yokucoca. Ngaloo ndlela, akukho mngcipheko wokubambisana.

Izinketho ezingaphezulu kwe-Counter for Solutions ezizenzekelayo

Ingxaki kuphela ekukhethiweyo okuthengiselana ngolu hlobo kukuba i- derivative efanelekileyo kwisicwangciso sotyalo-mali oye wasilungisa esingekho kwifom ehambelanisiweyo. Kulo mtyalo-mali othobileyo, oku kungabikho nkathazo kuba unokusebenza kunye ne-bhanki yotyalo-mali ngokusebenzisa umphathi wabo wobutyebi ukuseka iziko ezingaphezulu kweendlela zokulinganisa ezifunekayo.

Izinketho ezingaphezulu kwe-Counter ezahlukeneyo kwiStock Options

Ngokwenene, ezi zivumelwano zecala labucala ezibhalwa kwiinkcukacha zecala ngalinye leedatha. Azikho iimfuno zokubhengezwa kwaye ulinganiselwe kuphela ekucingeni malunga nokuba yiyiphi imigaqo yeendlela ezingaphezulu kwee-counter. Ngokomzekelo ogqithiseleyo, wena kunye nathi singakha isisombululo esiphezulu sokufuna ukuba ndibe nenombolo ehleliweyo ye-Troy i-ounces ye-karat igolide ecocekileyo engama-24 esekelwe kwinani leemikhomo ezikude kunxweme laseJapan kwiinyanga ezizayo ezingama-36 . Enyanisekileyo, oko bekuya kuba ngumsebenzi osisidenge, kodwa ufumana ingcamango.

Isibheno sezinto ezingaphezu kwe-counter-options kukuba ungakwazi ukuhamba ngasese kwaye uxoxisane. Ukuba ungayifumana umntu ongacingi ukuba ukhetho lwakho oluphambili lwe-counter-rewards lubeka umngcipheko omkhulu kwicala labo, unokufumana ukweba ngokupheleleyo.

Umngcipheko wokwahlukana kwiCandelo lokuCwangcisa ngaphezulu

Ingxaki kunye neendlela ezingaphezulu kwee-counter kukuba abanako ukukhutshelwa kwintengiso okanye ukucoca. Uyathembela ngokuqinisekileyo kwisithembiso somlingani ukuze uphile ngokufikelela ekupheleni kwayo. Ukuba abanako ukwenza, ushiywe ngesithembiso esingenanto.

Kuyingozi kakhulu ukuba usebenzisa i-options-counter-options ukuze uhlasele ukukhutshwa kwezinto ezinobungozi okanye ukhuseleko. (Xa kwenzeka oko, kwaziwa ngokuba "yingozi engozini" - iingcingo zakho ziyahlukana, kwaye ushiywe bucala.) Yingakho amaziko eemali zehlabathi athatyathwa xa uLehman Brothers behluleka - njengebhanki enkulu yotyala-mali; okukhethwa kukho okuza kuthi kungene kwinkundla emnyama yenkundla yebhanki.)

Yiyo ekubhekiswe kuyo kwimibuthano yokulawulwa kwemali njengengozi "yongxowankulu". Kuthatha nje ukumbalwa kwezinto ezithengiweyo emva kokuba kungenakwenzeka ukucacisa ukutyalwa ngokupheleleyo kwesikhungo kuya kuba nesiganeko okanye i-asethi. Ingxaki iba yinkimbinkimbi ngakumbi xa uqaphela ukuba unokuba yindawo apho inkampani yakho ingasuswa khona ngenxa yokuba omnye wabalingani bakho bebenokungabikho komnye umlingani wabo, okwenza ukuba bangabikho. Yingakho umtyalo-mali owaziwayo uWarren Buffett wayebhekiselele kwiimveliso ezifunyenwe zingakhange zikhethwe njengezixhobo zemali zokutshabalalisa.