ABD Enerji Enformasyon \u0130daresi (EIA), 3 Nisan ile biten haftada do\u011fal gaz stoklar\u0131nda 50 milyar k\u00fcbik feet (Bcf) art\u0131\u015f (enjeksiyon) oldu\u011funu bildirdi. Bu rakam, piyasadaki 41 Bcf beklentisinin \u00fczerindeydi.<\/p>\n
Veriler, ilgili d\u00f6nemde depolanan do\u011fal gaz miktar\u0131n\u0131n tahmin edilenden daha fazla artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Raporda ger\u00e7ekle\u015fen 50 Bcf art\u0131\u015f, piyasan\u0131n 41 Bcf beklentisiyle kar\u015f\u0131la\u015ft\u0131r\u0131l\u0131yor.<\/p>\n
Beklentiyi a\u015fan 50 Bcf\u2019lik stok giri\u015fi, k\u0131\u015ftan \u00e7\u0131karken arz\u0131n talebi ge\u00e7ti\u011fini g\u00f6steriyor. Bu durum olumsuz bir sinyal olarak g\u00f6r\u00fcl\u00fcr; en yak\u0131n vadeli ay (front-month: piyasada en \u00e7ok i\u015flem g\u00f6ren, vadesi en yak\u0131n s\u00f6zle\u015fme) do\u011fal gaz vadeli i\u015flemlerinde (futures: ileri bir tarihte belirli fiyattan al\u0131m-sat\u0131m anla\u015fmas\u0131) fiyat \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yaratabilir. Piyasa bu fazlay\u0131 fiyatlad\u0131k\u00e7a k\u0131sa vadede zay\u0131f seyir beklenebilir.<\/p>\n
G\u00fcnl\u00fck yakla\u015f\u0131k 104 Bcf seviyesinde seyreden g\u00fc\u00e7l\u00fc \u201ckuru gaz\u201d \u00fcretimi (dry gas: i\u00e7indeki s\u0131v\u0131 hidrokarbonlar ayr\u0131\u015ft\u0131r\u0131lm\u0131\u015f, daha saf do\u011fal gaz) bu arz fazlas\u0131n\u0131n ana nedenlerinden biri. A\u00e7\u0131klanan art\u0131\u015f, nisan\u0131n ilk haftas\u0131 i\u00e7in yakla\u015f\u0131k 22 Bcf olan 5 y\u0131ll\u0131k ortalaman\u0131n da belirgin \u015fekilde \u00fczerinde. Enjeksiyon sezonunun (depolama d\u00f6nemi: genelde ilkbahar-yaz aylar\u0131nda stoklara gaz bas\u0131lan d\u00f6nem) ba\u015f\u0131nda gelen bu y\u00fcksek fark, \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in olumsuz bir zemin olu\u015fturuyor.<\/p>\n
May\u0131s (NGK26) ve Haziran (NGM26) s\u00f6zle\u015fmelerinde opsiyon (option: belirli tarihe kadar belirli fiyattan alma ya da satma \u201chakk\u0131\u201d, zorunluluk de\u011fil) i\u015flem yapanlar i\u00e7in put (put: fiyat d\u00fc\u015f\u00fc\u015f\u00fcne oynayan, satma hakk\u0131 veren opsiyon) almak veya bear put spread (d\u00fc\u015f\u00fc\u015fe y\u00f6nelik put spread: bir put al\u0131p daha d\u00fc\u015f\u00fck kullan\u0131m fiyatl\u0131 ba\u015fka bir put satarak maliyeti azaltan strateji) kurmak, d\u00fc\u015f\u00fc\u015ften faydalanmak i\u00e7in de\u011ferlendirilebilir. S\u00fcrpriz stok art\u0131\u015f\u0131 k\u0131sa vadeli z\u0131mni oynakl\u0131\u011f\u0131 (implied volatility: opsiyon fiyatlar\u0131na yans\u0131yan beklenti oynakl\u0131\u011f\u0131) y\u00fckseltmi\u015f olabilir. Piyasan\u0131n tek bir veriye a\u015f\u0131r\u0131 tepki verdi\u011fi d\u00fc\u015f\u00fcn\u00fcl\u00fcyorsa, prim sat\u0131\u015f\u0131 (premium: opsiyon i\u00e7in \u00f6denen bedel) da f\u0131rsat yaratabilir.<\/p>\n
Nisan ve May\u0131s boyunca ortalaman\u0131n \u00fczerinde stok art\u0131\u015flar\u0131 s\u00fcrerse, fiyatlar\u0131n bir taban bulmas\u0131 zorla\u015fabilir. Bu da \u00f6n\u00fcm\u00fczdeki haftalarda g\u00f6r\u00fclebilecek y\u00fckseli\u015flerin k\u0131sa \u00f6m\u00fcrl\u00fc kalabilece\u011fine ve sat\u0131\u015f f\u0131rsat\u0131 olu\u015fturabilece\u011fine i\u015faret eder.<\/p>\n","protected":false},"excerpt":{"rendered":"
EIA verisi \u015fok etti: Do\u011fal gaz stoklar\u0131 50 Bcf artt\u0131, 41 Bcf beklenti a\u015f\u0131ld\u0131. 5 y\u0131ll\u0131k ortalaman\u0131n \u00fcst\u00fcndeki enjeksiyon arz fazlas\u0131n\u0131 g\u00fc\u00e7lendirip front-month fiyatlarda a\u015fa\u011f\u0131 bask\u0131 yaratabilir.<\/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-44258","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\/44258","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=44258"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44258\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}