{"id":30802,"date":"2023-12-07T09:54:23","date_gmt":"2023-12-07T09:54:23","guid":{"rendered":"https:\/\/masterskills.org\/blog\/gia-tri-noi-tai-cua-quyen-chon-intrinsic-value-of-option-la-gi.html"},"modified":"2023-12-23T07:23:13","modified_gmt":"2023-12-23T00:23:13","slug":"gia-tri-noi-tai-cua-quyen-chon-intrinsic-value-of-option-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/gia-tri-noi-tai-cua-quyen-chon-intrinsic-value-of-option-la-gi.html","title":{"rendered":"Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn (Intrinsic Value of Option) l\u00e0 g\u00ec?"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda<\/p>\n<\/figcaption><\/figure>\n

Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn (Intrinsic Value of Option)<\/font><\/h2>\n

\u0110\u1ecbnh ngh\u0129a<\/b><\/p>\n

Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn<\/b> t\u1ea1m d\u1ecbch trong ti\u1ebfng Anh l\u00e0 Intrinsic Value of Option<\/b>.<\/p>\n

Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn<\/i> ph\u1ea3n \u00e1nh l\u1ee3i th\u1ebf t\u00e0i ch\u00ednh hi\u1ec7u qu\u1ea3 do vi\u1ec7c th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn \u0111\u00f3. V\u1ec1 c\u01a1 b\u1ea3n, gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i l\u00e0 gi\u00e1 tr\u1ecb t\u1ed1i thi\u1ec3u c\u1ee7a m\u1ed9t quy\u1ec1n ch\u1ecdn.<\/p>\n

Gi\u00e1\u00a0tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn, c\u00f9ng v\u1edbi gi\u00e1 tr\u1ecb th\u1eddi gian, l\u00e0 b\u1ed9 ph\u1eadn c\u1ea5u th\u00e0nh gi\u00e1 quy\u1ec1n ch\u1ecdn. Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i ph\u1ea3n \u00e1nh l\u1ee3i \u00edch hay gi\u00e1 tr\u1ecb m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c n\u1eafm gi\u1eef v\u1ecb th\u1ebf mua quy\u1ec1n ch\u1ecdn. \u0110\u00e2y c\u0169ng l\u00e0 y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh tr\u1ea1ng th\u00e1i c\u1ee7a quy\u1ec1n ch\u1ecdn.<\/p>\n

X\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn<\/font><\/h3>\n

T\u1ea1i\u00a0m\u1ed9t th\u1eddi \u0111i\u1ec3m b\u1ea5t k\u00ec, m\u1ed9t quy\u1ec1n ch\u1ecdn (quy\u1ec1n ch\u1ecdn mua hay quy\u1ec1n ch\u1ecdn b\u00e1n) c\u00f3 th\u1ec3 t\u1ed3n t\u1ea1i \u1edf m\u1ed9t trong ba tr\u1ea1ng th\u00e1i: tr\u1ea1ng th\u00e1i l\u00e3i (in-the-money), tr\u1ea1ng th\u00e1i l\u1ed7 (out-of-the-money) hay tr\u1ea1ng th\u00e1i h\u00f2a v\u1ed1n (at-the-money). Ta c\u00f3 th\u1ec3 m\u00f4 t\u1ea3 c\u00e1c tr\u1ea1ng th\u00e1i c\u1ee5 th\u1ec3 c\u1ee7a quy\u1ec1n ch\u1ecdn mua v\u00e0 quy\u1ec1n ch\u1ecdn b\u00e1n qua b\u1ea3ng t\u00f3m t\u1eaft sau:<\/p>\n

\n\n\n\n\n\n\n
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Tr\u1ea1ng th\u00e1i<\/b><\/p>\n

quy\u1ec1n ch\u1ecdn<\/b><\/p>\n<\/td>\n

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Quy\u1ec1n ch\u1ecdn<\/b><\/p>\n

mua<\/b><\/p>\n<\/td>\n

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Quy\u1ec1n ch\u1ecdn<\/b><\/p>\n

b\u00e1n<\/b><\/p>\n<\/td>\n<\/tr>\n

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Tr\u1ea1ng th\u00e1i l\u00e3i<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf > Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf < Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n<\/tr>\n

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Tr\u1ea1ng th\u00e1i l\u1ed7<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf < Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf > Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n<\/tr>\n

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Tr\u1ea1ng th\u00e1i h\u00f2a v\u1ed1n<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf = Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n

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Gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a t\u00e0i s\u1ea3n c\u01a1 s\u1edf = Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

– Nh\u01b0\u00a0v\u1eady, quy\u1ec1n ch\u1ecdn \u1edf tr\u1ea1ng th\u00e1i l\u00e3i khi n\u00f3 c\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i. Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh kh\u00e1c nhau cho t\u1eebng lo\u1ea1i quy\u1ec1n ch\u1ecdn, c\u1ee5 th\u1ec3:<\/p>\n

V\u1edbi\u00a0quy\u1ec1n ch\u1ecdn mua: Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i = Gi\u00e1 t\u00e0i s\u1ea3n c\u01a1 s\u1edf – Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn<\/p>\n

V\u1edbi\u00a0quy\u1ec1n ch\u1ecdn b\u00e1n: Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i = Gi\u00e1 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn – Gi\u00e1 t\u00e0i s\u1ea3n c\u01a1 s\u1edf<\/p>\n

N\u1ebfu\u00a0m\u1ed9t quy\u1ec1n ch\u1ecdn kh\u00f4ng \u1edf tr\u1ea1ng th\u00e1i l\u00e3i, t\u1ee9c l\u00e0 kh\u00f4ng c\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i, t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u00e1o h\u1ea1n, quy\u1ec1n ch\u1ecdn \u0111\u00f3 \u0111\u01b0\u1ee3c xem l\u00e0 v\u00f4 gi\u00e1 tr\u1ecb.<\/p>\n

V\u00ed\u00a0d\u1ee5<\/font><\/h3>\n

Xem x\u00e9t quy\u1ec1n ch\u1ecdn mua c\u1ed5 phi\u1ebfu ABC, gi\u00e1 th\u1ef1c hi\u1ec7n 35.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu.<\/p>\n

N\u1ebfu\u00a0gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u1ed5 phi\u1ebfu ABC l\u00e0 30.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, ta n\u00f3i quy\u1ec1n ch\u1ecdn n\u00e0y \u1edf tr\u1ea1ng th\u00e1i l\u1ed7 (kh\u00f4ng c\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i).<\/p>\n

N\u1ebfu\u00a0gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u1ed5 phi\u1ebfu ABC l\u00e0 35.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, ta n\u00f3i quy\u1ec1n ch\u1ecdn n\u00e0y \u1edf tr\u1ea1ng th\u00e1i h\u00f2a v\u1ed1n (kh\u00f4ng c\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i).<\/p>\n

N\u1ebfu\u00a0gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u1ed5 phi\u1ebfu ABC l\u00e0 38.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, ta n\u00f3i quy\u1ec1n ch\u1ecdn n\u00e0y \u1edf tr\u1ea1ng th\u00e1i l\u00e3i (c\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i, trong \u0111\u00f3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn l\u00e0: 38.000 – 35.000 = 3.000 \u0111\u1ed3ng).<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: Investopedia, \u1ee6y ban Ch\u1ee9ng kho\u00e1n Nh\u00e0 n\u01b0\u1edbc)<\/i><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
\n Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n ch\u1ecdn (ti\u1ebfng Anh: Intrinsic Value of Option) ph\u1ea3n \u00e1nh l\u1ee3i \u00edch hay gi\u00e1 tr\u1ecb m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c n\u1eafm gi\u1eef v\u1ecb th\u1ebf mua quy\u1ec1n ch\u1ecdn.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30802"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=30802"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30802\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}