{"id":29987,"date":"2026-03-10T13:06:33","date_gmt":"2026-03-10T13:06:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/2026da-2025teki-%75lik-sicramanin-ardindan-kospinin-%25lik-yukselisi-oynaklik-nedeniyle-ivmenin-surup-surmeyecegi-sorusunu-gundeme-getiriyor\/"},"modified":"2026-03-10T13:06:33","modified_gmt":"2026-03-10T13:06:33","slug":"2026da-2025teki-%75lik-sicramanin-ardindan-kospinin-%25lik-yukselisi-oynaklik-nedeniyle-ivmenin-surup-surmeyecegi-sorusunu-gundeme-getiriyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/2026da-2025teki-%75lik-sicramanin-ardindan-kospinin-%25lik-yukselisi-oynaklik-nedeniyle-ivmenin-surup-surmeyecegi-sorusunu-gundeme-getiriyor\/","title":{"rendered":"2026\u2019da, 2025\u2019teki %75\u2019lik s\u0131\u00e7raman\u0131n ard\u0131ndan KOSPI\u2019nin %25\u2019lik y\u00fckseli\u015fi, oynakl\u0131k nedeniyle ivmenin s\u00fcr\u00fcp s\u00fcrmeyece\u011fi sorusunu g\u00fcndeme getiriyor"},"content":{"rendered":"KOSPI, 2026 Mart ba\u015f\u0131 itibar\u0131yla y\u0131l ba\u015f\u0131ndan bu yana yakla\u015f\u0131k %25 y\u00fckseldi; 2025\u2019te ise %75 artm\u0131\u015ft\u0131. Di\u011fer piyasalar daha zay\u0131f: CAC 40 %3,8\u2019den fazla, DAX %5,4\u2019\u00fcn \u00fczerinde ve Nasdaq ocak ay\u0131ndan bu yana yakla\u015f\u0131k %5,8 geriledi.\n\n\u0130ran sava\u015f\u0131 sonras\u0131 oynakl\u0131k (fiyatlar\u0131n sert ve h\u0131zl\u0131 dalgalanmas\u0131) artt\u0131. Endeks bir seansta %12\u2019ye kadar d\u00fc\u015f\u00fcp ertesi g\u00fcn yakla\u015f\u0131k %10 y\u00fckseldi; devre kesiciler (a\u015f\u0131r\u0131 hareketlerde i\u015flemleri ge\u00e7ici durduran otomatik mekanizma) \u00e7al\u0131\u015ft\u0131 ve i\u015flemler k\u0131sa s\u00fcreli\u011fine durduruldu.\n\n<h3>Son KOSPI \u015eokunun Nedenleri<\/h3>\n9 Mart 2026\u2019da KOSPI, g\u00fcn i\u00e7i kay\u0131plar\u0131n %8\u2019i a\u015fmas\u0131n\u0131n ard\u0131ndan g\u00fcn\u00fc yakla\u015f\u0131k %6,0 d\u00fc\u015f\u00fc\u015fle kapatt\u0131. Varil fiyat\u0131n\u0131n 100 dolar\u0131n \u00fczerine \u00e7\u0131kmas\u0131, b\u00fcy\u00fck bir enerji ithalat\u00e7\u0131s\u0131 olan G\u00fcney Kore i\u00e7in temel bir bask\u0131 unsuru.\n\nEndekste yo\u011funla\u015fma (endeksin az say\u0131da b\u00fcy\u00fck hisseye a\u015f\u0131r\u0131 ba\u011f\u0131ml\u0131 olmas\u0131) dalgalanmay\u0131 art\u0131r\u0131yor; Samsung ve SK Hynix be\u015f g\u00fcnde yakla\u015f\u0131k %18 geriledi. Bireysel yat\u0131r\u0131mc\u0131 i\u015flemleri ve \u00e7ok aktif vadeli i\u015flem\/opsiyon (t\u00fcrev; fiyat\u0131 ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) piyasas\u0131 da sert hareketleri b\u00fcy\u00fct\u00fcyor.\n\nYurt d\u0131\u015f\u0131 yat\u0131r\u0131mc\u0131lar\u0131n (yabanc\u0131lar\u0131n) varl\u0131klar\u0131 Ocak 2026\u2019da 1,1 trilyon dolar\u0131n \u00fczerine \u00e7\u0131kt\u0131; bu tutar piyasa de\u011ferinin %32\u2019sine e\u015fit ve bir y\u0131l \u00f6ncesinin iki kat\u0131ndan fazla. SK Hynix 12 ayda yakla\u015f\u0131k %345 y\u00fckselirken Nvidia %66 artt\u0131.\n\nDe\u011ferlemelerde 2026 i\u00e7in F\/K (fiyat\/kazan\u00e7; hisse fiyat\u0131n\u0131n \u015firket k\u00e2r\u0131na oran\u0131) 8,8 ve 2027 i\u00e7in 7,8 g\u00f6r\u00fcl\u00fcyor. Samsung ve SK Hynix hari\u00e7 F\/K 12,9; tahmini %20 \u00f6zsermaye k\u00e2rl\u0131l\u0131\u011f\u0131 (ROE; \u015firketin \u00f6zkayna\u011f\u0131n\u0131 ne kadar verimli kulland\u0131\u011f\u0131) ile birlikte veriliyor. Yakla\u015f\u0131k iki g\u00fcnde %20 d\u00fc\u015f\u00fc\u015f, \u201cay\u0131 piyasas\u0131\u201d (zirveden en az %20 gerileme) tan\u0131m\u0131na uyarken; ge\u00e7en y\u0131l nisan ay\u0131ndan bu yana %176 getiri de vurgulan\u0131yor. Ayr\u0131ca y\u0131l sonu 7.000 hedefi, %33 y\u00fckseli\u015f potansiyeline i\u015faret ediyor.\n\n<h3>Oynakl\u0131k ve Petrol Riskine G\u00f6re Pozisyon Alma<\/h3>\nG\u00f6rd\u00fc\u011f\u00fcm\u00fcz a\u015f\u0131r\u0131 oynakl\u0131k, opsiyon primlerini (opsiyonu almak i\u00e7in \u00f6denen fiyat) h\u0131zla y\u00fckseltti. G\u00fcney Kore\u2019nin oynakl\u0131k endeksi VKOSPI son d\u00f6nemde 50\u2019nin \u00fczerine s\u0131\u00e7rad\u0131; bu seviye 2020\u2019deki salg\u0131n \u00e7\u00f6k\u00fc\u015f\u00fcn\u00fc hat\u0131rlat\u0131yor. Bu da korunma veya k\u0131sa vadeli bahis i\u00e7in opsiyon almay\u0131 \u00e7ok pahal\u0131 h\u00e2le getiriyor. Bu ortamda prim geliri i\u00e7in opsiyon satmak cazip g\u00f6r\u00fcnse de, ani ve sert hareket riski \u00e7ok y\u00fcksek.\n\nPetrol fiyat\u0131n\u0131 KOSPI\u2019n\u0131n bir sonraki y\u00f6n\u00fc i\u00e7in ana g\u00f6sterge olarak izlemek gerekiyor. D\u00fcnk\u00fc %6\u2019l\u0131k d\u00fc\u015f\u00fc\u015f, \u0130ran\u2019da \u00e7at\u0131\u015fman\u0131n b\u00fcy\u00fcmesi endi\u015fesi ve petrol\u00fcn 100 dolar\u0131 a\u015fmas\u0131yla do\u011frudan ili\u015fkilendirildi. Gerilimin azald\u0131\u011f\u0131na dair bir i\u015faret KOSPI\u2019da g\u00fc\u00e7l\u00fc bir ralliye, oynakl\u0131kta ise sert d\u00fc\u015f\u00fc\u015fe yol a\u00e7abilir; yani jeopolitik haber ak\u0131\u015f\u0131na hassas, iki y\u00f6nl\u00fc bir tablo var.\n\nSamsung ve SK Hynix endekste \u00e7ok b\u00fcy\u00fck a\u011f\u0131rl\u0131\u011fa sahip ve sadece be\u015f g\u00fcnde yakla\u015f\u0131k %18 d\u00fc\u015ft\u00fc. Bu nedenle as\u0131l hareket, bu iki hissenin opsiyon piyasalar\u0131nda. Bu hisselerde ima edilen oynakl\u0131k (opsiyon fiyat\u0131n\u0131n i\u015faret etti\u011fi beklenen dalgalanma) endeksten de y\u00fcksek; bu da hisseye \u00f6zel fiyat hareketlerini i\u015flemeye imk\u00e2n verir. Uzun vadeli portf\u00f6y\u00fc korumak i\u00e7in bu iki hisseye put almak, t\u00fcm KOSPI\u2019yi korumaya g\u00f6re daha verimli olabilir. Put (sat\u0131m opsiyonu), fiyat d\u00fc\u015ferse kazan\u00e7 sa\u011flayan\/portf\u00f6y\u00fc d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 koruyan opsiyondur.\n\nTemel g\u00f6stergelerin (\u015firket k\u00e2rl\u0131l\u0131\u011f\u0131, b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fc gibi ana veriler) g\u00fc\u00e7l\u00fc olmas\u0131, bu sert sat\u0131\u015flar\u0131n al\u0131m f\u0131rsat\u0131 olabilece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor. Daha makul yakla\u015f\u0131m, a\u015f\u0131r\u0131 panik g\u00fcnlerinde put opsiyonu sat\u0131p \u015fi\u015fen primi toplamak ve piyasan\u0131n bir taban bulaca\u011f\u0131na oynamak. Bu strateji, yapay zek\u00e2 (AI) talebi ve yeni yerli yat\u0131r\u0131m\u0131n destekledi\u011fi uzun vadeli y\u00fckseli\u015f e\u011filimi fikriyle uyumlu.\n\nOpsiyonlar\u0131n \u00e7ok pahal\u0131 oldu\u011fu bu d\u00f6nemde, \u201cspread\u201d kullan\u0131m\u0131 risk y\u00f6netimine yard\u0131mc\u0131 olabilir. Spread (iki opsiyonu birlikte al\u0131p satarak maliyeti\/risk aral\u0131\u011f\u0131n\u0131 s\u0131n\u0131rlayan kurgu) \u00f6rne\u011finde, bo\u011fa put spread\u2019i (d\u00fc\u015f\u00fck kullan\u0131m fiyatl\u0131 put al\u0131p daha y\u00fcksek kullan\u0131m fiyatl\u0131 put satmak) piyasada toparlanmaya oynarken azami zarar\u0131 net bi\u00e7imde s\u0131n\u0131rlar. Zirveden gelen son %20 d\u00fczeltme sonras\u0131 bu t\u00fcr pozisyonlar, s\u0131n\u0131rs\u0131z a\u015fa\u011f\u0131 y\u00f6n risk almadan temkinli iyimser duru\u015f sa\u011flar.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b>\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>KOSPI\u2019de sert ralli sonras\u0131 \u015fok: \u0130ran sava\u015f\u0131yla petrol 100$\u2019\u0131 a\u015f\u0131nca endeks bir g\u00fcnde %12 \u00e7\u00f6kt\u00fc, ertesi g\u00fcn %10 s\u0131\u00e7rad\u0131. VKOSPI 50+; opsiyonlar pahal\u0131, Samsung\u2013Hynix belirleyici.<\/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-29987","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\/29987","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=29987"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=29987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=29987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=29987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}