{"id":40541,"date":"2026-03-11T12:42:43","date_gmt":"2026-03-11T12:42:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%8d%b0%eb%8b%88%ec%8a%a8-%eb%a7%88%ec%9d%b8-4%eb%b6%84%ea%b8%b0-%ec%a3%bc%eb%8b%b9-2%ec%84%bc%ed%8a%b8-%ec%86%90%ec%8b%a4%ec%98%88%ec%83%81%ec%b9%98-%eb%b6%80%ed%95%a9-%eb%a7%a4%ec%b6%9c\/"},"modified":"2026-03-11T12:42:43","modified_gmt":"2026-03-11T12:42:43","slug":"%eb%8d%b0%eb%8b%88%ec%8a%a8-%eb%a7%88%ec%9d%b8-4%eb%b6%84%ea%b8%b0-%ec%a3%bc%eb%8b%b9-2%ec%84%bc%ed%8a%b8-%ec%86%90%ec%8b%a4%ec%98%88%ec%83%81%ec%b9%98-%eb%b6%80%ed%95%a9-%eb%a7%a4%ec%b6%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8d%b0%eb%8b%88%ec%8a%a8-%eb%a7%88%ec%9d%b8-4%eb%b6%84%ea%b8%b0-%ec%a3%bc%eb%8b%b9-2%ec%84%bc%ed%8a%b8-%ec%86%90%ec%8b%a4%ec%98%88%ec%83%81%ec%b9%98-%eb%b6%80%ed%95%a9-%eb%a7%a4%ec%b6%9c\/","title":{"rendered":"\ub370\ub2c8\uc2a8 \ub9c8\uc778, 4\ubd84\uae30 \uc8fc\ub2f9 2\uc13c\ud2b8 \uc190\uc2e4\u2026\uc608\uc0c1\uce58 \ubd80\ud569, \ub9e4\ucd9c\uc740 \uc2dc\uc7a5 \uc804\ub9dd \uc0c1\ud68c"},"content":{"rendered":"\ub370\ub2c8\uc2a8 \ub9c8\uc778\uc740 \uc870\uc815 \uae30\uc900(adjusted, \uc77c\ud68c\uc131 \ube44\uc6a9\u00b7\ud3c9\uac00\uc190\uc775 \ub4f1\uc744 \uc81c\uc678\ud574 \ubcf8\uc5c5 \uc131\uacfc\ub97c \ub354 \uc798 \ubcf4\uc774\uac8c \ud55c) \ubd84\uae30 \uc8fc\ub2f9\uc21c\uc190\uc2e4(EPS, \uc8fc\uc2dd 1\uc8fc\ub2f9 \ubc8c\uc5b4\ub4e4\uc778 \uc774\uc775 \ub610\ub294 \uc190\uc2e4)\uc774 0.02\ub2ec\ub7ec\ub97c \uae30\ub85d\ud574 \uc790\ud06c\uc2a4 \ucee8\uc13c\uc11c\uc2a4 \ucd94\uc815\uce58(\uc2dc\uc7a5 \ud3c9\uade0 \uc608\uc0c1\uce58)\uc640 \uac19\uc558\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 1\ub144 \uc804\uc758 \uc870\uc815 \uc190\uc2e4 0.02\ub2ec\ub7ec\uc640 \ub3d9\uc77c\ud55c \uc218\uc900\uc774\ub2e4.\n\n\uc9c1\uc804 \ubd84\uae30\uc5d0\ub294 \ucd94\uc815\uce58\uac00 \uc8fc\ub2f9 -0.02\ub2ec\ub7ec\uc600\uc9c0\ub9cc \uc2e4\uc81c\ub294 -0.01\ub2ec\ub7ec\ub85c, \uc608\uc0c1\uce58 \ub300\ube44 50% \uac1c\uc120\ub41c \u2018\uc11c\ud504\ub77c\uc774\uc988(\uc608\uc0c1\uacfc \uc2e4\uc81c\uc758 \ucc28\uc774)\u2019\ub97c \ub0c8\ub2e4. \ucd5c\uadfc 4\uac1c \ubd84\uae30 \uae30\uc900\uc73c\ub85c\ub294 EPS \ucee8\uc13c\uc11c\uc2a4\ub97c 2\ucc28\ub840 \uc0c1\ud68c\ud588\ub2e4.\n\n2025\ub144 12\uc6d4 \ub9c8\uac10 \ubd84\uae30 \ub9e4\ucd9c\uc740 88\ub9cc\ub2ec\ub7ec\ub85c, \ucee8\uc13c\uc11c\uc2a4 \ub300\ube44 12.44% \ub192\uc558\ub2e4. 1\ub144 \uc804 84\ub9cc\ub2ec\ub7ec\uc640 \ube44\uad50\ud574 \uc99d\uac00\ud588\uc73c\uba70, \ucd5c\uadfc 4\uac1c \ubd84\uae30 \uc911 3\ubc88 \ub9e4\ucd9c \ucee8\uc13c\uc11c\uc2a4\ub97c \uc6c3\ub3cc\uc558\ub2e4.\n\n\ub370\ub2c8\uc2a8 \ub9c8\uc778 \uc8fc\uac00\ub294 \uc5f0\ucd08 \uc774\ud6c4 \uc57d 43.2% \uc0c1\uc2b9\ud55c \ubc18\uba74, S&#038;P500 \uc9c0\uc218\ub294 0.7% \ud558\ub77d\ud588\ub2e4. \ub2e8\uae30 \uc8fc\uac00 \ud750\ub984\uc740 \uc2e4\uc801\ubc1c\ud45c \ucf58\ud37c\ub7f0\uc2a4\ucf5c\uc5d0\uc11c\uc758 \uacbd\uc601\uc9c4 \ubc1c\uc5b8\uc5d0 \uc88c\uc6b0\ub420 \uc218 \uc788\ub2e4.\n\n\uc2e4\uc801 \ubc1c\ud45c \uc804 \uc774 \uc885\ubaa9\uc758 \uc790\ud06c\uc2a4 \ub7ad\ud06c\ub294 2\uc704(\ub9e4\uc218)\uc600\ub2e4. \ud604\uc7ac \uc2dc\uc7a5 \ucee8\uc13c\uc11c\uc2a4\ub294 \ub2e4\uc74c \ubd84\uae30 EPS -0.02\ub2ec\ub7ec, \ub9e4\ucd9c 78\ub9cc\ub2ec\ub7ec\uc774\uba70, \uc5f0\uac04 \uae30\uc900\uc73c\ub85c\ub294 EPS -0.06\ub2ec\ub7ec, \ub9e4\ucd9c 320\ub9cc\ub2ec\ub7ec\ub85c \uc9d1\uacc4\ub3fc \uc788\ub2e4.\n\n\uad11\uc5c5-\uae30\ud0c0(Mining &#8211; Miscellaneous) \uc5c5\uc885\uc740 250\uac1c\uac00 \ub118\ub294 \uc790\ud06c\uc2a4 \uc5c5\uc885 \uc911 \uc0c1\uc704 25%\uc5d0 \uc18d\ud55c\ub2e4. \uc790\ud06c\uc2a4 \ub9ac\uc11c\uce58\uc5d0 \ub530\ub974\uba74 \uc5c5\uc885 \uc0c1\uc704 50%\ub294 \ud558\uc704 50% \ub300\ube44 2\ub300 1 \uc774\uc0c1 \ub192\uc740 \uc131\uacfc\ub97c \ub0b8\ub2e4.\n\n\uc54c\ubaac\ud2f0 \uc778\ub354\uc2a4\ud2b8\ub9ac\uc2a4\ub294 2025\ub144 12\uc6d4 \ub9c8\uac10 \ubd84\uae30 \uc2e4\uc801\uc744 \uc544\uc9c1 \ubc1c\ud45c\ud558\uc9c0 \uc54a\uc558\ub2e4. \uc2dc\uc7a5\uc740 \uc8fc\ub2f9 -0.01\ub2ec\ub7ec \uc190\uc2e4\uc744 \uc608\uc0c1\ud558\uba70, \uc774 \ucd94\uc815\uce58\ub294 \ucd5c\uadfc 30\uc77c \ub3d9\uc548 7.1% \uc0c1\ud5a5 \uc870\uc815\ub410\ub2e4. \ub9e4\ucd9c\uc740 1,013\ub9cc\ub2ec\ub7ec\ub85c \uc804\ub144 \ub300\ube44 125.7% \uc99d\uac00\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub41c\ub2e4.\n\n\uc9c0\ub09c \ubcf4\uace0\uc11c \uc774\ud6c4 \ud575\uc2ec \ubcc0\uc218\ub294 \uc6b0\ub77c\ub284 \ud604\ubb3c\uac00\uaca9(spot price, \uc7a5\uc678\u00b7\ud604\ubb3c\uc2dc\uc7a5\uc5d0\uc11c \uc989\uc2dc \uc778\ub3c4 \uc870\uac74\uc73c\ub85c \uac70\ub798\ub418\ub294 \uac00\uaca9)\uc774\ub2e4. \uc5f0\ucd08 \uc774\ud6c4 \ud604\ubb3c\uac00\uaca9\uc740 \ud30c\uc6b4\ub4dc\ub2f9 105\ub2ec\ub7ec\ub97c \ub118\uc5b4 10% \uc774\uc0c1 \uc0c1\uc2b9\ud588\ub294\ub370, \uacf5\uae09 \ubd88\uc548\uc774 \uc774\uc5b4\uc9c0\ub294 \uac00\uc6b4\ub370 \uc6d0\uc790\ub825 \ubc1c\uc804 \uc218\uc694\uac00 \ub298\uc5b4\ub09c \uc601\ud5a5\uc774\ub2e4. \uc774\ub7f0 \uac70\uc2dc \ud658\uacbd\uc740 \ub370\ub2c8\uc2a8\ucc98\ub7fc \uac1c\ubc1c \ub2e8\uacc4 \uae30\uc5c5\uc758 \ud5a5\ud6c4 \ub9e4\ucd9c \uc804\ub9dd\uc5d0 \uc9c1\uc811\uc801\uc778 \ud638\uc7ac\ub85c \uc791\uc6a9\ud55c\ub2e4.\n\n\uae30\ucd08\uc790\uc0b0(\uc6b0\ub77c\ub284) \uac00\uaca9\uc758 \uc0c1\uc2b9 \ubaa8\uba58\ud140\uc740 \uae0d\uc815\uc801 \uc804\ub9dd\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. \uad11\uc5c5 \uc5c5\uc885\uc774 \uc2dc\uc7a5 \uc804\uccb4 \ub300\ube44 \uc0c1\ub300\uc801\uc73c\ub85c \uac15\ud55c \ud750\ub984\uc744 \ubcf4\uc778 \uc810\ub3c4 2026\ub144 1\ubd84\uae30\uae4c\uc9c0 \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4. \uc774\ub7ec\ud55c \ud658\uacbd\uc740 \ud68c\uc0ac\uc758 \ubc29\ud5a5\uc131\uc5d0 \ub300\ud574 \uae0d\uc815\uc801\uc73c\ub85c \ubcfc \uadfc\uac70\uac00 \ub41c\ub2e4.\n\n\ud30c\uc0dd\uc0c1\ud488(derivative, \uc8fc\uc2dd\u00b7\uc6d0\uc790\uc7ac \ub4f1 \uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uc0c1\ud488) \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 \uc8fc\uac00 \uae09\ub4f1\uc73c\ub85c \ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131)\uc774 \uc62c\ub77c \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9)\uc774 \ube44\uc2f8\uc84c\ub2e4. \uc774\ub294 \ubcc0\ub3d9\uc131\uc774 \ub192\uc744 \ub54c \uc720\ub9ac\ud55c \uc804\ub7b5\uacfc \uc0c1\uc2b9(\ub610\ub294 \uacac\uc870\ud55c) \ubc29\ud5a5\uc131\uc744 \ud568\uaed8 \ub178\ub9ac\ub294 \uc804\ub7b5\uc5d0 \uae30\ud68c\ub97c \uc900\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ud604\uae08\ub2f4\ubcf4 \ud48b \ub9e4\ub3c4(cash-secured put, \ud48b\uc635\uc158\uc744 \ud314\uace0 \uc8fc\uc2dd \ub9e4\uc218\uc5d0 \ud544\uc694\ud55c \ud604\uae08\uc744 \ud655\ubcf4\ud574 \ub450\ub294 \ubc29\uc2dd)\ub97c \ud604\uc7ac \uc8fc\uac00\ubcf4\ub2e4 \ub0ae\uc740 \ud589\uc0ac\uac00(strike, \uc635\uc158 \uad8c\ub9ac\ub97c \ud589\uc0ac\ud560 \uac00\uaca9)\uc5d0\uc11c \ud65c\uc6a9\ud558\uba74 \ub192\uc740 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\uc744 \uc218 \uc788\ub2e4.\n\n\uc774 \ubc29\uc2dd\uc740 \ud504\ub9ac\ubbf8\uc5c4 \uc218\ucde8\ub85c \uc218\uc775\uc744 \ub178\ub9ac\uba74\uc11c, \uc8fc\uac00\uac00 \uc77c\uc2dc \uc870\uc815(pullback, \ub2e8\uae30 \ud558\ub77d)\ub420 \uacbd\uc6b0 \ud560\uc778\ub41c \uac00\uaca9\uc5d0 \ub9e4\uc218\ub418\ub294 \uc9c4\uc785 \uc9c0\uc810\uc744 \uc0ac\uc2e4\uc0c1 \uc815\ud574\ub450\ub294 \ud6a8\uacfc\uac00 \uc788\ub2e4. \ud5a5\ud6c4 \uba87 \uc8fc\uac04 \uc2dc\uc7a5 \uc694\uc778\uc73c\ub85c \uc57d\uc138\uac00 \ub098\ud0c0\ub098\uba74 \uc774\ub7f0 \uc804\ub7b5\uc744 \uc801\uc6a9\ud560 \uae30\ud68c\ub85c \ubcfc \uc218 \uc788\ub2e4. \ub9cc\uae30(expiration, \uc635\uc158 \uad8c\ub9ac\uac00 \uc0ac\ub77c\uc9c0\ub294 \ub0a0\uc9dc)\ub294 \ub2e8\uae30 \uad6c\uac04\uc5d0 \ucd08\uc810\uc744 \ub9de\ucdb0 \ud604\uc7ac\uc758 \ud22c\uc790\uc2ec\ub9ac\uc640 \ubcc0\ub3d9\uc131\uc744 \ud65c\uc6a9\ud558\ub294 \uac83\uc774 \ud575\uc2ec\uc774\ub2e4.\n<p>\n\n<p><strong>\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 &#8211; VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u201c\uc6b0\ub77c\ub284 \ub7a0\ub9ac \ud0c0\uace0 \ub354 \uac04\ub2e4?\u201d \ub370\ub2c8\uc2a8\ub9c8\uc778 \uc870\uc815 EPS -0.02\ub2ec\ub7ec\ub85c \ucee8\uc13c\uc11c\uc2a4 \ubd80\ud569, \ub9e4\ucd9c\uc740 12% \uc0c1\ud68c. \uc8fc\uac00 \uc5f0\ucd08 43% \uae09\ub4f1\uc5d0 IV\u2191\u2026\ud604\uae08\ub2f4\ubcf4 \ud48b \uc804\ub7b5 \ubd80\uac01.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-40541","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40541"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}