{"id":43563,"date":"2026-03-28T05:04:01","date_gmt":"2026-03-28T05:04:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-cftc-verilerine-gore-s-1131-bin-seviyesinden-809-bine-yukseldi-onceki-doneme-kiyasla\/"},"modified":"2026-03-28T05:04:01","modified_gmt":"2026-03-28T05:04:01","slug":"abd-cftc-verilerine-gore-s-1131-bin-seviyesinden-809-bine-yukseldi-onceki-doneme-kiyasla","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-cftc-verilerine-gore-s-1131-bin-seviyesinden-809-bine-yukseldi-onceki-doneme-kiyasla\/","title":{"rendered":"ABD CFTC verilerine g\u00f6re S&#038;P 500\u2019de ticari olmayan net pozisyonlar iyile\u015fti; -113,1 bin seviyesinden -80,9 bine y\u00fckseldi (\u00f6nceki d\u00f6neme k\u0131yasla)."},"content":{"rendered":"ABD CFTC verilerine g\u00f6re S&#038;P 500 net pozisyonu -113,1 bin seviyesinden -80,9 bine y\u00fckseldi.\n\nPozisyon h\u00e2l\u00e2 negatif; ancak \u00f6nceki veriye g\u00f6re net k\u0131sa (short) pozisyon 32,2 bin azald\u0131.\n\n<h3>D\u00fc\u015f\u00fc\u015f Y\u00f6nl\u00fc Konumlanma Zay\u0131fl\u0131yor<\/h3>\nS&#038;P 500\u2019de d\u00fc\u015f\u00fc\u015f beklentisine dayal\u0131 i\u015flemlerde belirgin bir gerileme g\u00f6r\u00fcl\u00fcyor. Spek\u00fclat\u00f6rler 32 binden fazla k\u0131sa kontrat\u0131 kapatt\u0131. Bu, y\u0131l\u0131n ba\u015f\u0131ndaki a\u015f\u0131r\u0131 k\u00f6t\u00fcmser havan\u0131n da\u011f\u0131ld\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu tablo, b\u00fcy\u00fck fonlar (hedge fonlar\u0131: genelde risk alarak farkl\u0131 piyasa ara\u00e7lar\u0131yla i\u015flem yapan b\u00fcy\u00fck yat\u0131r\u0131m fonlar\u0131) ve di\u011fer b\u00fcy\u00fck yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan 2025\u2019in d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finden bu yana en az d\u00fc\u015f\u00fc\u015f beklentisine i\u015faret ediyor.\n\nBu de\u011fi\u015fim, \u015fubat T\u00dcFE (CPI: T\u00fcketici Fiyat Endeksi, enflasyonu \u00f6l\u00e7en ana g\u00f6sterge) verisinin ard\u0131ndan geldi. Veri, \u00e7ekirdek enflasyonun (g\u0131da ve enerji gibi oynak kalemler hari\u00e7 enflasyon) y\u0131ll\u0131k %2,8\u2019e geriledi\u011fini ve beklentilerin alt\u0131nda kald\u0131\u011f\u0131n\u0131 g\u00f6sterdi. ABD Merkez Bankas\u0131 (Fed) da ge\u00e7en haftaki toplant\u0131s\u0131nda faiz konusunda daha \u201csab\u0131rl\u0131\u201d bir duru\u015f sinyali verdi ve ek s\u0131k\u0131la\u015ft\u0131rma (faiz art\u0131r\u0131m\u0131 ve benzeri ad\u0131mlar) ifadelerini metinden \u00e7\u0131kard\u0131. Bu geli\u015fmeler, ge\u00e7en y\u0131l boyunca g\u00fcndemde olan resesyon (ekonomide daralma) risk alg\u0131s\u0131n\u0131 azaltt\u0131.\n\nPiyasa \u015fimdiden tepki verdi: S&#038;P 500 mart ay\u0131nda \u015fu ana kadar %5\u2019in \u00fczerinde y\u00fckseldi ve bir\u00e7ok k\u0131sa pozisyonu \u201ckapatmaya\u201d zorlad\u0131 (k\u0131sa pozisyon kapatma: d\u00fc\u015f\u00fc\u015fe oynayan yat\u0131r\u0131mc\u0131n\u0131n zarar\u0131 s\u0131n\u0131rlamak i\u00e7in geri al\u0131m yapmas\u0131). Bu t\u00fcr bir \u201cshort squeeze\u201d (k\u0131sa s\u0131k\u0131\u015fmas\u0131: y\u00fckseli\u015fin, k\u0131sa pozisyonlar\u0131n zorunlu al\u0131mlar\u0131yla daha da h\u0131zlanmas\u0131), 2024\u2019\u00fcn ikinci yar\u0131s\u0131nda da g\u00f6r\u00fclm\u00fc\u015ft\u00fc. \u015eu anda CBOE Volatilite Endeksi (VIX: piyasadaki beklenen dalgalanmay\u0131 g\u00f6steren \u201ckorku endeksi\u201d) y\u0131l i\u00e7inde ilk kez 15\u2019in alt\u0131na indi; bu da a\u015fa\u011f\u0131 y\u00f6nl\u00fc korunmaya (d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 sigorta) talebin azald\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n\nT\u00fcrev (derivative: de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 finansal \u00fcr\u00fcnler) i\u015flemleri yapanlar i\u00e7in bu, volatilite satman\u0131n (fiyat dalgalanmas\u0131 \u00fczerinden prim toplama) daha uygulanabilir bir strateji h\u00e2line gelebilece\u011fine i\u015faret ediyor. Sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131 veren opsiyon) talebinin zay\u0131flamas\u0131, g\u00fc\u00e7l\u00fc hisselerde teminatl\u0131 put sat\u0131\u015f\u0131 (nakit\/kefalet ayr\u0131larak put satma) veya endekste kredi spreadleri (iki opsiyon pozisyonu aras\u0131ndaki prim fark\u0131ndan gelir hedefleyen strateji) gibi i\u015flemleri daha cazip k\u0131labilir. Daha az spek\u00fclat\u00f6r d\u00fc\u015f\u00fc\u015fe oynad\u0131k\u00e7a, y\u00fckseli\u015f ivmesi \u00f6n\u00fcm\u00fczdeki haftalarda s\u00fcrebilir.\n\n<h3>Opsiyonlar Korkunun Azald\u0131\u011f\u0131na \u0130\u015faret Ediyor<\/h3>\nEk veriler de daha sakin bir tabloyu destekliyor: Hisse senedi put\/call oran\u0131 0,72\u2019ye geriledi ve be\u015f ay\u0131n en d\u00fc\u015f\u00fck seviyesine indi. Bu oran, yat\u0131r\u0131mc\u0131lar\u0131n al\u0131m opsiyonlar\u0131na (call: belirli fiyattan alma hakk\u0131 veren opsiyon) k\u0131yasla daha az put ald\u0131\u011f\u0131n\u0131 g\u00f6steriyor; bu da CFTC verileriyle uyumlu. Bu e\u011filim, ikinci \u00e7eyre\u011fe girerken piyasada yukar\u0131 y\u00f6n\u00fcn daha olas\u0131 oldu\u011funa i\u015faret ediyor.\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 ay\u0131lar\u0131n g\u00fcc\u00fc k\u0131r\u0131l\u0131yor: CFTC\u2019ye g\u00f6re net pozisyon -113,1 binden -80,9 bine \u00e7\u0131kt\u0131. Spek\u00fclat\u00f6rler 32,2 bin short kapatt\u0131; CPI s\u00fcrprizi, Fed sabr\u0131 ve VIX<15 iyimserli\u011fi destekliyor.\n<\/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-43563","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\/43563","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=43563"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/43563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=43563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=43563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=43563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}