{"id":30878,"date":"2023-12-07T09:58:42","date_gmt":"2023-12-07T09:58:42","guid":{"rendered":"https:\/\/masterskills.org\/blog\/dau-co-gia-len-bang-quyen-chon-mua-bull-call-spread-la-gi-noi-dung-lien-quan.html"},"modified":"2023-12-23T07:23:28","modified_gmt":"2023-12-23T00:23:28","slug":"dau-co-gia-len-bang-quyen-chon-mua-bull-call-spread-la-gi-noi-dung-lien-quan","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/dau-co-gia-len-bang-quyen-chon-mua-bull-call-spread-la-gi-noi-dung-lien-quan.html","title":{"rendered":"\u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua (Bull Call Spread) l\u00e0 g\u00ec? N\u1ed9i dung li\u00ean quan"},"content":{"rendered":"
\n
\n
\"\u0110\u1ea7u<\/div>
\n

H\u00ecnh minh h\u1ecda<\/p>\n<\/figcaption><\/figure>\n

\u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

\u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/b> trong ti\u1ebfng Anh l\u00e0 Bull Call Spread.<\/b><\/p>\n

\u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/i> l\u00e0 vi\u1ec7c mua quy\u1ec1n ch\u1ecdn mua v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n th\u1ea5p X1 v\u00e0 b\u00e1n m\u1ed9t quy\u1ec1n ch\u1ecdn mua v\u1edbi c\u00f9ng s\u1ed1 l\u01b0\u1ee3ng nh\u01b0ng c\u00f3 gi\u00e1 th\u1ef1c hi\u1ec7n X2 cao h\u01a1n X1 v\u1edbi c\u00f9ng th\u1eddi gian \u0111\u00e1o h\u1ea1n.<\/p>\n

V\u00ec ph\u00ed c\u1ee7a m\u1ed9t quy\u1ec1n ch\u1ecdn mua lu\u00f4n gi\u1ea3m khi gi\u00e1 th\u1ef1c hi\u1ec7n t\u0103ng n\u00ean ph\u00ed c\u1ee7a quy\u1ec1n ch\u1ecdn \u0111\u00e3\u00a0b\u00e1n \u0111i\u00a0lu\u00f4n nh\u1ecf\u00a0h\u01a1n ph\u00ed\u00a0c\u1ee7a\u00a0quy\u1ec1n ch\u1ecdn\u00a0mua\u00a0v\u00e0o. Nh\u01b0 v\u1eady\u00a0chi\u1ebfn l\u01b0\u1ee3c\u00a0n\u00e0y c\u1ea7n c\u00f3 s\u1ef1 \u0111\u1ea7u t\u01b0 ban \u0111\u1ea7u.<\/p>\n

N\u1ed9i dung v\u1ec1 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/font><\/h3>\n
\n
<\/div>
\n

\n<\/figcaption><\/figure>\n

Ta c\u00f3:<\/p>\n

X1, X2: L\u1ea7n l\u01b0\u1ee3t l\u00e0 gi\u00e1 th\u1ef1c hi\u1ec7n c\u1ee7a c\u00e1c giao d\u1ecbch mua quy\u1ec1n ch\u1ecdn mua v\u00e0 b\u00e1n quy\u1ec1n ch\u1ecdn mua.<\/p>\n

F1, F2: l\u1ea7n l\u01b0\u1ee3t l\u00e0 ph\u00ed quy\u1ec1n ch\u1ecdn c\u1ee7a c\u00e1c giao d\u1ecbch mua quy\u1ec1n ch\u1ecdn mua v\u00e0 b\u00e1n quy\u1ec1n ch\u1ecdn mua.<\/p>\n

St: T\u1ec9 gi\u00e1 th\u1ef1c hi\u1ec7n h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn.<\/p>\n

B\u1ea3ng k\u1ebft qu\u1ea3:<\/u><\/i><\/p>\n\n\n\n\n\n\n\n
T\u1ec9 gi\u00e1 St\u00a0 \u00a0\u00a0<\/th>\n\n
Thu h\u1ed3i t\u1eeb <\/span>mua\u00a0<\/span><\/div>\n
quy\u1ec1n ch\u1ecdn mua<\/span><\/div>\n<\/th>\n
\n
Thu h\u1ed3i t\u1eeb b\u00e1n\u00a0<\/span><\/div>\n
quy\u1ec1n ch\u1ecdn mua<\/span><\/div>\n<\/th>\n
T\u1ed5ng thu h\u1ed3i<\/th>\nL\u1ee3i nhu\u1eadn<\/th>\n<\/tr>\n<\/thead>\n
St >= X2<\/td>\nSt – X1<\/td>\n\n

X2 – St<\/p>\n<\/td>\n

X2 – X1<\/td>\nX2 – X1 – (F1 – F2)<\/td>\n<\/tr>\n
X1 < St < X2<\/td>\nSt – X1<\/td>\n0<\/td>\nSt – X1<\/td>\nSt – X1 – (F1 – F2)<\/td>\n<\/tr>\n
St <= X1<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n– (F1 – F2)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Khi l\u1ee3i nhu\u1eadn b\u1eb1ng\u00a00 ta c\u00f3 \u0111\u01b0\u1ee3c ph\u01b0\u01a1ng tr\u00ecnh\u00a0t\u1ec9 gi\u00e1 h\u00f2a v\u1ed1n:<\/i><\/p>\n

St* – X1 – (F1 – F2) = 0 hay\u00a0St* – X1 = F1 – F2<\/p>\n

V\u00ed d\u1ee5 minh h\u1ecda<\/b><\/p>\n

M\u1ed9t nh\u00e0 \u0111\u1ea7u A t\u01b0 d\u1ef1 b\u00e1o trong t\u01b0\u01a1ng lai USD l\u00ean gi\u00e1 so v\u1edbi VND. N\u00ean \u0111\u00e3 mua m\u1ed9t h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn mua tr\u1ecb gi\u00e1 100 USD v\u1edbi t\u1ec9 gi\u00e1 th\u1ef1c hi\u1ec7n l\u00e0 20.000 VND\/USD, ph\u00ed quy\u1ec1n ch\u1ecdn l\u00e0 100 VND\/USD v\u00e0 \u0111\u1ed3ng th\u1eddi b\u00e1n m\u1ed9t quy\u1ec1n ch\u1ecdn mua tr\u1ecb gi\u00e1 100 USD cho B v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n l\u00e0 21.000 VND\/USD, ph\u00ed quy\u1ec1n ch\u1ecdn l\u00e0 60 VND\/USD. \u0110\u00e1o h\u1ea1n sau 2 th\u00e1ng.<\/p>\n

=> Chi ph\u00ed ban \u0111\u1ea7u \u0111\u1ed1i v\u1edbi 1USD: 100 – 60 = 40 VND.<\/p>\n\n\n\n\n\n\n\n
\n

T\u1ec9 gi\u00e1 St<\/p>\n<\/th>\n

\n

Thu h\u1ed3i t\u1eeb mua quy\u1ec1n ch\u1ecdn mua<\/p>\n<\/p>\n<\/th>\n

\n

Thu h\u1ed3i t\u1eeb b\u00e1n quy\u1ec1n ch\u1ecdn mua<\/p>\n<\/p>\n<\/th>\n

\n

T\u1ed5ng thu h\u1ed3i<\/p>\n<\/p>\n<\/th>\n

\n

L\u1ee3i nhu\u1eadn\/L\u1ed7 1 USD mang l\u1ea1i<\/p>\n<\/p>\n<\/th>\n

\n

L\u1ee3i nhu\u1eadn\/L\u1ed7 100 USD mang l\u1ea1i<\/p>\n<\/p>\n<\/th>\n<\/tr>\n<\/thead>\n

22.000<\/td>\n22.000 – 20.000<\/td>\n– (22.000 – 21.000)<\/td>\n1.000<\/td>\n1.000 – 40<\/td>\n96.000<\/td>\n<\/tr>\n
20.500<\/td>\n20.500 – 20.000<\/td>\n0<\/td>\n500<\/td>\n500 – 40<\/td>\n46.000<\/td>\n<\/tr>\n
19.500<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n– 40<\/td>\n– 4.000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span><\/p>\n

C\u00e1c b\u01b0\u1edbc thi\u1ebft l\u1eadp chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/span><\/p>\n
\n


\u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua <\/i>l\u00e0m gi\u1ea3m chi ph\u00ed c\u1ee7a quy\u1ec1n ch\u1ecdn mua, nh\u01b0ng n\u00f3 \u0111i k\u00e8m v\u1edbi m\u1ed9t s\u1ef1 \u0111\u00e1nh \u0111\u1ed5i. L\u1ee3i nhu\u1eadn trong gi\u00e1 c\u1ed5 phi\u1ebfu c\u0169ng \u0111\u01b0\u1ee3c gi\u1edbi h\u1ea1n, t\u1ea1o ra m\u1ed9t ph\u1ea1m vi gi\u1edbi h\u1ea1n m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u00ecm ki\u1ebfm l\u1ee3i nhu\u1eadn.<\/p>\n

C\u00e1c nh\u00e0 giao d\u1ecbch s\u1ebd s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua <\/i>n\u1ebfu h\u1ecd tin r\u1eb1ng m\u1ed9t t\u00e0i s\u1ea3n s\u1ebd t\u0103ng gi\u00e1 tr\u1ecb m\u1ed9t c\u00e1ch v\u1eeba ph\u1ea3i. Th\u00f4ng th\u01b0\u1eddng, trong th\u1eddi k\u00ec bi\u1ebfn \u0111\u1ed9ng l\u1edbn, h\u1ecd s\u1ebd s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c n\u00e0y.<\/p>\n

Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua<\/b> bao g\u1ed3m c\u00e1c b\u01b0\u1edbc li\u00ean quan \u0111\u1ebfn hai quy\u1ec1n ch\u1ecdn mua.<\/p>\n

1. Ch\u1ecdn t\u00e0i s\u1ea3n m\u00e0 b\u1ea1n tin r\u1eb1ng s\u1ebd \u0111\u00e1nh gi\u00e1 cao trong m\u1ed9t kho\u1ea3ng th\u1eddi gian t\u00ednh theo ng\u00e0y, tu\u1ea7n ho\u1eb7c th\u00e1ng.<\/p>\n

2. Mua quy\u1ec1n ch\u1ecdn mua v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n tr\u00ean th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i v\u1edbi ng\u00e0y \u0111\u00e1o h\u1ea1n c\u1ee5 th\u1ec3 v\u00e0 tr\u1ea3 ph\u00ed quy\u1ec1n ch\u1ecdn.<\/p>\n

3. \u0110\u1ed3ng th\u1eddi, b\u00e1n quy\u1ec1n ch\u1ecdn mua v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n cao h\u01a1n c\u00f3 c\u00f9ng ng\u00e0y \u0111\u00e1o h\u1ea1n v\u1edbi quy\u1ec1n ch\u1ecdn mua \u0111\u1ea7u ti\u00ean.<\/p>\n

B\u1eb1ng c\u00e1ch b\u00e1n quy\u1ec1n ch\u1ecdn mua, nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c ph\u00ed quy\u1ec1n ch\u1ecdn, b\u00f9 \u0111\u1eafp m\u1ed9t ph\u1ea7n gi\u00e1 m\u00e0 h\u1ecd \u0111\u00e3 tr\u1ea3 cho quy\u1ec1n ch\u1ecdn mua \u0111\u1ea7u ti\u00ean. Trong th\u1ef1c t\u1ebf, n\u1ee3 c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 l\u00e0 ch\u00eanh l\u1ec7ch r\u00f2ng gi\u1eefa hai quy\u1ec1n ch\u1ecdn mua, ch\u00ednh l\u00e0 chi ph\u00ed c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c.<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: T\u00e0i li\u1ec7u m\u00f4n Thanh to\u00e1n Qu\u1ed1c t\u1ebf, \u0110\u1ea1i h\u1ecdc Kinh t\u1ebf TP H\u1ed3 Ch\u00ed Minh; investopedia.com)<\/i><\/p>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

\n \u0110\u1ea7u c\u01a1 gi\u00e1 l\u00ean b\u1eb1ng quy\u1ec1n ch\u1ecdn mua (ti\u1ebfng Anh: Bull Call Spread) l\u00e0 vi\u1ec7c mua quy\u1ec1n ch\u1ecdn mua v\u1edbi gi\u00e1 th\u1ef1c hi\u1ec7n th\u1ea5p X1 v\u00e0 b\u00e1n m\u1ed9t quy\u1ec1n ch\u1ecdn mua v\u1edbi c\u00f9ng s\u1ed1 l\u01b0\u1ee3ng nh\u01b0ng c\u00f3 gi\u00e1 th\u1ef1c hi\u1ec7n X2 cao h\u01a1n X1 v\u1edbi c\u00f9ng th\u1eddi gian \u0111\u00e1o h\u1ea1n.\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\/30878"}],"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=30878"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30878\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}