{"id":29821,"date":"2026-03-07T03:58:28","date_gmt":"2026-03-07T03:58:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-cftc-raporuna-gore-sp-500de-ticari-olmayan-net-pozisyonlar-1935-binden-1682-bine-iyilesti\/"},"modified":"2026-03-07T03:58:28","modified_gmt":"2026-03-07T03:58:28","slug":"abd-cftc-raporuna-gore-sp-500de-ticari-olmayan-net-pozisyonlar-1935-binden-1682-bine-iyilesti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-cftc-raporuna-gore-sp-500de-ticari-olmayan-net-pozisyonlar-1935-binden-1682-bine-iyilesti\/","title":{"rendered":"ABD CFTC raporuna g\u00f6re S&#038;P 500\u2019de ticari olmayan net pozisyonlar -193,5 binden -168,2 bine iyile\u015fti"},"content":{"rendered":"ABD CFTC (Emtia Vadeli \u0130\u015flemler Komisyonu) verilerine g\u00f6re S&#038;P 500\u2019de net pozisyon -168,2 bin seviyesinde. \u00d6nceki veri -193,5 bindi.\n\nBu, \u00f6nceki veriye g\u00f6re +25,3 binlik de\u011fi\u015fim anlam\u0131na geliyor. Net pozisyon h\u00e2l\u00e2 s\u0131f\u0131r\u0131n alt\u0131nda. (Net pozisyon: Uzun pozisyonlar eksi k\u0131sa pozisyonlar. Negatif olmas\u0131, piyasada net \u201cd\u00fc\u015f\u00fc\u015f\u201d y\u00f6nl\u00fc pozisyonun a\u011f\u0131r bast\u0131\u011f\u0131n\u0131 g\u00f6sterir.)\n\n<h3>Spek\u00fclatif Pozisyonlardaki De\u011fi\u015fim<\/h3>\n\nS&#038;P 500\u2019de net k\u0131sa pozisyonlar\u0131n azalmas\u0131, b\u00fcy\u00fck spek\u00fclat\u00f6rlerin (hedge fonlar gibi) d\u00fc\u015f\u00fc\u015f beklentisiyle ald\u0131klar\u0131 pozisyonlar\u0131 azaltt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu, piyasan\u0131n d\u00fc\u015fece\u011fine dair inanc\u0131n zay\u0131flad\u0131\u011f\u0131na i\u015faret ediyor. B\u00fcy\u00fck oyuncular k\u0131sa pozisyonlar\u0131n\u0131 kapat\u0131yor (short kapama: Daha \u00f6nce sat\u0131lan kontratlar\u0131n geri al\u0131narak pozisyonun sonland\u0131r\u0131lmas\u0131) veya yeni uzun pozisyon a\u00e7\u0131yor (long: Fiyat art\u0131\u015f\u0131 beklentisiyle al\u0131nan pozisyon).\n\nBu duygu de\u011fi\u015fimi, \u015eubat 2026 enflasyon verisinin ard\u0131ndan geldi. \u00c7ekirdek T\u00dcFE (core CPI: G\u0131da ve enerji gibi dalgal\u0131 kalemler hari\u00e7 fiyat art\u0131\u015f\u0131) %2,8 ile beklenen %3,0\u2019\u0131n alt\u0131nda kald\u0131. Bu durum, Fed\u2019in (ABD Merkez Bankas\u0131) ek faiz art\u0131r\u0131m\u0131 yapaca\u011f\u0131 beklentileri azaltt\u0131. Piyasa, bir sonraki toplant\u0131da faiz art\u0131r\u0131m\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 daha d\u00fc\u015f\u00fck fiyatl\u0131yor (fiyatlamak: Piyasa fiyatlar\u0131n\u0131n bir olas\u0131l\u0131\u011f\u0131 yans\u0131tacak \u015fekilde olu\u015fmas\u0131).\n\nK\u0131sa pozisyon kapamalar\u0131 k\u0131sa vadede oynakl\u0131\u011f\u0131 art\u0131rabilir (volatilite: Fiyatlar\u0131n h\u0131zl\u0131 ve sert dalgalanmas\u0131) ve fiyatlar\u0131 yukar\u0131 itebilir. VIX (korku endeksi: S&#038;P 500\u2019de beklenen oynakl\u0131\u011f\u0131 g\u00f6steren endeks) son bir haftada 22\u2019den 18\u2019in alt\u0131na indi. Bu da opsiyonlar\u0131 ucuzlatt\u0131. (Opsiyon: Belirli tarihe kadar belirli fiyattan alma\/satma hakk\u0131. Oynakl\u0131k d\u00fc\u015f\u00fcnce opsiyon primi genelde azal\u0131r.) Bu tablo, piyasadaki endi\u015fenin azald\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n\nTarihsel olarak, benzer bir \u201cshort kapama\u201d hareketi 2023\u2019\u00fcn d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finde de g\u00f6r\u00fclm\u00fc\u015ft\u00fc. Enflasyon endi\u015fesi azal\u0131nca d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar \u00e7\u00f6z\u00fclm\u00fc\u015f, ard\u0131ndan birka\u00e7 hafta s\u00fcren g\u00fc\u00e7l\u00fc bir y\u00fckseli\u015f ya\u015fanm\u0131\u015ft\u0131. Bu \u00f6l\u00e7ekte bir pozisyon de\u011fi\u015fimi, k\u0131sa vadede dip olu\u015fumuna i\u015faret edebilir. (Dip: Fiyatlar\u0131n k\u0131sa vadeli en d\u00fc\u015f\u00fck b\u00f6lgesi.)\n\nT\u00fcrev \u00fcr\u00fcn (derivative: De\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fme; opsiyon ve vadeli i\u015flem gibi) i\u015flemi yapanlar i\u00e7in bu, d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 korunma amac\u0131yla al\u0131nm\u0131\u015f \u201cuzun put\u201d pozisyonlar\u0131n\u0131 azaltma sinyali olabilir. (Put opsiyonu: Fiyat d\u00fc\u015ferse de\u011fer kazanan opsiyon.) Oynakl\u0131\u011f\u0131n d\u00fc\u015fmesi, teminatl\u0131 put sat\u0131\u015f\u0131 (cash-secured put: Put satarken olas\u0131 al\u0131m i\u00e7in nakit\/teminat ay\u0131rma) veya bo\u011fa call spread (bull call spread: Daha d\u00fc\u015f\u00fck fiyattan call al\u0131p daha y\u00fcksek fiyattan call satarak s\u0131n\u0131rl\u0131 maliyetle y\u00fckseli\u015f hedefleme) gibi stratejileri daha cazip hale getiriyor. (Call opsiyonu: Fiyat y\u00fckselirse de\u011fer kazanan opsiyon.) A\u015fa\u011f\u0131 y\u00f6n riskine kar\u015f\u0131 korunman\u0131n maliyeti geriliyor; bu da g\u00fcvenin artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>S&#038;P 500\u2019de CFTC net pozisyonu -168,2 bine y\u00fckselerek 25,3 bin toparland\u0131: Hedge fonlar short kapat\u0131yor. \u00c7ekirdek T\u00dcFE %2,8 s\u00fcrprizi Fed bask\u0131s\u0131n\u0131 azaltt\u0131; VIX geriledi, dip ve y\u00fckseli\u015f sinyali.<\/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-29821","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\/tr-mena\/wp-json\/wp\/v2\/posts\/29821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=29821"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29821\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=29821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=29821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=29821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}