{"id":31291,"date":"2023-12-07T10:30:19","date_gmt":"2023-12-07T10:30:19","guid":{"rendered":"https:\/\/masterskills.org\/blog\/hop-dong-quyen-chon-options-contract-la-gi-yeu-to-anh-huong-toi-gia-quyen-chon.html"},"modified":"2023-12-23T08:01:18","modified_gmt":"2023-12-23T01:01:18","slug":"hop-dong-quyen-chon-options-contract-la-gi-yeu-to-anh-huong-toi-gia-quyen-chon","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/hop-dong-quyen-chon-options-contract-la-gi-yeu-to-anh-huong-toi-gia-quyen-chon.html","title":{"rendered":"H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn (Options Contract) l\u00e0 g\u00ec? Y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng t\u1edbi gi\u00e1 quy\u1ec1n ch\u1ecdn"},"content":{"rendered":"
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<\/div>\n
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H\u00ecnh minh ho\u1ea1 (Ngu\u1ed3n: 5paisa)<\/p>\n<\/div>\n<\/div>\n

H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn\u00a0<\/font><\/b><\/h2>\n

Kh\u00e1i ni\u1ec7m\u00a0<\/b><\/p>\n

H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn<\/b> ti\u1ebfng Anh \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 Options Contract.<\/b><\/p>\n

H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn l\u00e0 m\u1ed9t h\u1ee3p \u0111\u1ed3ng cho ph\u00e9p ng\u01b0\u1eddi n\u1eafm gi\u1eef n\u00f3 \u0111\u01b0\u1ee3c mua (n\u1ebfu l\u00e0 quy\u1ec1n ch\u1ecdn mua) ho\u1eb7c \u0111\u01b0\u1ee3c b\u00e1n (n\u1ebfu l\u00e0 quy\u1ec1n ch\u1ecdn b\u00e1n) m\u1ed9t kh\u1ed1i l\u01b0\u1ee3ng h\u00e0ng ho\u00e1 c\u01a1 s\u1edf nh\u1ea5t \u0111\u1ecbnh t\u1ea1i m\u1ed9t m\u1ee9c gi\u00e1 x\u00e1c \u0111\u1ecbnh v\u00e0 trong m\u1ed9t th\u1eddi gian nh\u1ea5t \u0111\u1ecbnh.<\/p>\n

C\u00e1c h\u00e0ng ho\u00e1 c\u01a1 s\u1edf n\u00e0y c\u00f3 th\u1ec3 l\u00e0: c\u1ed5 phi\u1ebfu, ch\u1ec9 s\u1ed1 c\u1ed5 phi\u1ebfu, tr\u00e1i phi\u1ebfu, ch\u1ec9 s\u1ed1 tr\u00e1i phi\u1ebfu, ti\u1ec1n hay h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m<\/font><\/h3>\n

M\u1ed9t h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn b\u1ea5t k\u00ec<\/span> \u0111\u1ec1u bao g\u1ed3m 4 \u0111\u1eb7c \u0111i\u1ec3m c\u01a1 b\u1ea3n sau:<\/p>\n

– Lo\u1ea1i quy\u1ec1n (quy\u1ec1n ch\u1ecdn b\u00e1n ho\u1eb7c ch\u1ecdn mua)<\/p>\n

– T\u00ean h\u00e0ng ho\u00e1 c\u01a1 s\u1edf v\u00e0 kh\u1ed1i l\u01b0\u1ee3ng \u0111\u01b0\u1ee3c mua ho\u1eb7c b\u00e1n theo quy\u1ec1n<\/p>\n

– Ng\u00e0y \u0111\u00e1o h\u1ea1n<\/p>\n

– Gi\u00e1 th\u1ef1c thi<\/p>\n

\u0110\u1ed1i t\u01b0\u1ee3ng tham gia<\/font><\/h3>\n

C\u00f3 4 \u0111\u1ed1i t\u01b0\u1ee3ng tham gia tr\u00ean th\u1ecb tr\u01b0\u1eddng quy\u1ec1n ch\u1ecdn:<\/p>\n

– Ng\u01b0\u1eddi mua quy\u1ec1n mua (Buyers of calls)<\/p>\n

– Ng\u01b0\u1eddi b\u00e1n quy\u1ec1n mua (SMasterskillsrs of calls)<\/p>\n

– Ng\u01b0\u1eddi mua quy\u1ec1n b\u00e1n (Buyers of puts)<\/p>\n

– Ng\u01b0\u1eddi b\u00e1n quy\u1ec1n b\u00e1n (SMasterskillsrs of puts)<\/p>\n

Ng\u01b0\u1eddi mua \u0111\u01b0\u1ee3c xem l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 v\u1ecb th\u1ebf d\u00e0i h\u1ea1n v\u00e0 ng\u01b0\u1eddi b\u00e1n \u1edf v\u1ecb th\u1ebf ng\u1eafn h\u1ea1n tr\u00ean h\u1ee3p \u0111\u1ed3ng.\u00a0<\/p>\n

M\u1ed9t s\u1ed1 thu\u1eadt ng\u1eef li\u00ean quan<\/font><\/b><\/h3>\n

Vi\u1ec7c b\u00e1n h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0\u00a0ph\u00e1t h\u00e0nh ch\u1ecdn\u00a0<\/b>(c\u00f3 th\u1ec3 ph\u00e1t h\u00e0nh quy\u1ec1n ch\u1ecdn trong khi c\u00f3 ch\u1ee9ng kho\u00e1n c\u01a1 s\u1edf – quy\u1ec1n ch\u1ecdn c\u00f3 b\u1ea3o \u0111\u1ea3m ho\u1eb7c kh\u00f4ng c\u00f3 ch\u1ee9ng kho\u00e1n c\u01a1 s\u1edf – quy\u1ec1n ch\u1ecdn kh\u1ed1ng).<\/p>\n

Trong h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn, ng\u01b0\u1eddi b\u00e1n quy\u1ec1n trao cho ng\u01b0\u1eddi mua \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y m\u1ed9t kho\u1ea3n ti\u1ec1n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0\u00a0ph\u00ed quy\u1ec1n ch\u1ecdn\u00a0<\/b>hay c\u00f2n g\u1ecdi l\u00e0\u00a0gi\u00e1 quy\u1ec1n ch\u1ecdn.<\/b><\/p>\n

M\u1ee9c gi\u00e1 m\u00e0 t\u1ea1i \u0111\u00f3 quy\u1ec1n ch\u1ecdn c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c mua ho\u1eb7c \u0111\u01b0\u1ee3c b\u00e1n g\u1ecdi l\u00e0\u00a0m\u1ee9c gi\u00e1 th\u1ef1c thi quy\u1ec1n.<\/b><\/p>\n

Ng\u00e0y m\u00e0 sau \u0111\u00f3 quy\u1ec1n h\u1ebft gi\u00e1 tr\u1ecb g\u1ecdi l\u00e0\u00a0ng\u00e0y \u0111\u00e1o h\u1ea1n.<\/b><\/p>\n

C\u00e1c lo\u1ea1i h\u1ee3p \u0111\u1ed3ng<\/font><\/b><\/p>\n

H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn chia l\u00e0m hai lo\u1ea1i bao g\u1ed3m:<\/p>\n

– H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn ki\u1ec3u M\u1ef9\u00a0<\/b><\/p>\n

– H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn ki\u1ec3u Ch\u00e2u \u00c2u<\/b><\/p>\n

M\u1ed9t h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn M\u1ef9 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n v\u00e0o b\u1ea5t k\u00ec<\/span> th\u1eddi \u0111i\u1ec3m n\u00e0o cho \u0111\u1ebfn t\u1eadn ng\u00e0y \u0111\u00e1o h\u1ea1n. M\u1ed9t quy\u1ec1n ch\u1ecdn Ch\u00e2u \u00c2u ch\u1ec9 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n v\u00e0o ng\u00e0y \u0111\u00e1o h\u1ea1n.<\/p>\n

C\u00e1c b\u1ed9 ph\u1eadn c\u1ea5u th\u00e0nh n\u00ean gi\u00e1 quy\u1ec1n ch\u1ecdn<\/font><\/b>
<\/h3>\n

– Gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a quy\u1ec1n:\u00a0<\/b>L\u00e0 gi\u00e1 tr\u1ecb m\u00e0 ng\u01b0\u1eddi n\u1eafm gi\u1eef quy\u1ec1n ch\u1ecdn s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c b\u1eb1ng c\u00e1ch th\u1ef1c hi\u1ec7n quy\u1ec1n \u0111\u01b0\u1ee3c ngay l\u1eadp t\u1ee9c.<\/p>\n

– Gi\u00e1 tr\u1ecb th\u1eddi gian c\u1ee7a quy\u1ec1n:\u00a0<\/b>L\u00e0 kho\u1ea3n ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 c\u1ee7a quy\u1ec1n so v\u1edbi gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i.<\/p>\n

C\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 c\u1ee7a quy\u1ec1n l\u1ef1a ch\u1ecdn<\/b><\/p>\n

– Gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a ch\u1ee9ng kho\u00e1n c\u01a1 s\u1edf<\/p>\n

– Gi\u00e1 th\u1ef1c hi\u1ec7n<\/p>\n

– Th\u1eddi gian cho \u0111\u1ebfn khi \u0111\u00e1o h\u1ea1n<\/p>\n

– L\u00e3i su\u1ea5t ng\u1eafn h\u1ea1n phi r\u1ee7i ro trong su\u1ed1t th\u1eddi h\u1ea1n t\u1ed3n t\u1ea1i c\u1ee7a quy\u1ec1n<\/p>\n

– L\u00e3i su\u1ea5t coupon<\/p>\n

M\u1ee9c dao \u0111\u1ed9ng d\u1ef1 \u0111o\u00e1n c\u1ee7a c\u00e1c m\u1ee9c l\u00e3i su\u1ea5t trong su\u1ed1t th\u1eddi h\u1ea1n c\u1ee7a quy\u1ec1n<\/font><\/b><\/h3>\n

Quan h\u1ec7 gi\u1eefa m\u1ee9c dao \u0111\u1ed9ng d\u1ef1 \u0111o\u00e1n c\u1ee7a m\u1ee9c l\u00e3i su\u1ea5t trong su\u1ed1t th\u1eddi gian c\u1ee7a quy\u1ec1n v\u00e0 gi\u00e1 c\u1ee7a quy\u1ec1n l\u00e0 m\u1ed1i quan h\u1ec7 t\u1ec9 l\u1ec7 thu\u1eadn b\u1edfi v\u00ec m\u1ee9c dao \u0111\u1ed9ng d\u1ef1 \u0111o\u00e1n c\u00e0ng cao, x\u00e1c xu\u1ea5t gi\u00e1 c\u1ee7a ch\u1ee9ng kho\u00e1n c\u01a1 s\u1edf s\u1ebd d\u1ecbch chuy\u1ec3n theo h\u01b0\u1edbng c\u00f3 l\u1ee3i cho ng\u01b0\u1eddi mua ch\u1ee9ng kho\u00e1n s\u1ebd c\u00e0ng cao.<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng kho\u00e1n, Tr\u01b0\u1eddng \u0110H Kinh t\u1ebf Qu\u1ed1c d\u00e2n, , NXB T\u00e0i ch\u00ednh)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n H\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn (ti\u1ebfng Anh: Options Contract) l\u00e0 m\u1ed9t lo\u1ea1i ch\u1ee9ng kho\u00e1n ph\u00e1i sinh, trong \u0111\u00f3 x\u00e1c nh\u1eadn quy\u1ec1n c\u1ee7a ng\u01b0\u1eddi mua v\u00e0 ngh\u0129a v\u1ee5 c\u1ee7a ng\u01b0\u1eddi b\u00e1n.\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\/31291"}],"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=31291"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31291\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}