WTI ham petrol (ABD referans ham petrol\u00fc) \u00c7ar\u015famba g\u00fcn\u00fc sert d\u00fc\u015ft\u00fc. Fiyat 91,00 dolar civar\u0131nda i\u015flem g\u00f6r\u00fcrken g\u00fcn i\u00e7inde %8,91 geriledi. ABD ile \u0130ran aras\u0131nda ilerleme sa\u011fland\u0131\u011f\u0131na dair haberler sonras\u0131 Axios, piyasalar\u0131n Orta Do\u011fu riskini yeniden fiyatlad\u0131\u011f\u0131n\u0131 yazd\u0131.<\/p>\n
Axios\u2019a g\u00f6re ABD ve \u0130ran, gerilimi azaltmak ve \u0130ran\u2019\u0131n n\u00fckleer program\u0131 (uranyum zenginle\u015ftirme faaliyetleri) konusunda daha geni\u015f g\u00f6r\u00fc\u015fmeleri ba\u015flatmak i\u00e7in bir \u201cmutabakat zapt\u0131\u201dna (taraflar\u0131n \u00fczerinde anla\u015ft\u0131\u011f\u0131 \u00e7er\u00e7eve metin) yakla\u015ft\u0131. \u0130ddia edilen maddeler aras\u0131nda H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019na (k\u00fcresel petrol ta\u015f\u0131mac\u0131l\u0131\u011f\u0131n\u0131n kilit ge\u00e7i\u015f noktas\u0131) ili\u015fkin k\u0131s\u0131tlamalar\u0131n kademeli gev\u015fetilmesi, \u0130ran\u2019\u0131n n\u00fckleer zenginle\u015ftirmeyi durdurmas\u0131 (moratoryum: ge\u00e7ici durdurma), ABD yapt\u0131r\u0131mlar\u0131n\u0131n (ekonomik ceza ve k\u0131s\u0131tlama) hafifletilmesi ve dondurulmu\u015f \u0130ran fonlar\u0131ndan (eri\u015fime kapat\u0131lm\u0131\u015f para) milyarlarca dolar\u0131n serbest b\u0131rak\u0131lmas\u0131 yer al\u0131yor.<\/p>\n
Axios, Beyaz Saray\u2019\u0131n \u0130ran\u2019dan kritik ba\u015fl\u0131klarda 48 saat i\u00e7inde yan\u0131t bekledi\u011fini ekledi. Reuters da Pakistanl\u0131 bir kayna\u011fa dayand\u0131rd\u0131\u011f\u0131 haberinde, iki taraf\u0131n anla\u015fmaya \u201c\u00e7ok yak\u0131n\u201d oldu\u011funu aktard\u0131.<\/p>\n
H\u00fcrm\u00fcz Bo\u011faz\u0131, k\u00fcresel petrol ak\u0131\u015f\u0131n\u0131n yakla\u015f\u0131k be\u015fte birini ta\u015f\u0131yor. ABD Ba\u015fkan\u0131 Donald Trump, bo\u011fazdan ticari gemi ge\u00e7i\u015fini normale d\u00f6nd\u00fcrmeyi hedefleyen \u201cProject Freedom\u201din (ticari ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 g\u00fcvenceye almaya y\u00f6nelik plan) g\u00f6r\u00fc\u015fmelere alan a\u00e7mak i\u00e7in durdurulaca\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
API (American Petroleum Institute: Amerikan Petrol Enstit\u00fcs\u00fc) verilerine g\u00f6re ABD ham petrol stoklar\u0131 ge\u00e7en hafta 8,1 milyon varil azald\u0131. Piyasa beklentisi 2,8 milyon varillik d\u00fc\u015f\u00fc\u015f y\u00f6n\u00fcndeydi. Goldman Sachs, k\u00fcresel petrol stoklar\u0131n\u0131n sekiz y\u0131l\u0131n en d\u00fc\u015f\u00fck seviyelerine yak\u0131n oldu\u011funu bildirdi.<\/p>\n
Fiziksel piyasada (ger\u00e7ek teslimatl\u0131 petrol ticareti) arz s\u0131k\u0131\u015f\u0131kl\u0131\u011f\u0131 (piyasada talebe g\u00f6re yetersiz arz) \u00e7ok belirgin. OPEC+ (OPEC ve ortak \u00fcreticiler), Mart 2026 toplant\u0131s\u0131nda \u00fcretim kesintilerini (arz\u0131 k\u0131san \u00fcretim azalt\u0131m\u0131) s\u00fcrd\u00fcrd\u00fc; gerek\u00e7e k\u0131r\u0131lgan k\u00fcresel ekonomi endi\u015feleri oldu. Bu ad\u0131m fiyatlara g\u00fc\u00e7l\u00fc bir taban olu\u015fturdu. ABD EIA (Energy Information Administration: ABD Enerji Enformasyon \u0130daresi) 29 Nisan 2026 verileri de ABD ham petrol stoklar\u0131nda 2,1 milyon varillik ek d\u00fc\u015f\u00fc\u015f g\u00f6sterdi ve arz a\u00e7\u0131\u011f\u0131 (talebin arz\u0131 a\u015fmas\u0131) temas\u0131n\u0131 g\u00fc\u00e7lendirdi.<\/p>\n
Bu ortamda petrol opsiyonlar\u0131nda (belirli fiyattan al\u0131m\/sat\u0131m hakk\u0131 veren t\u00fcrev \u00fcr\u00fcn) \u201cima edilen oynakl\u0131k\u201d (piyasan\u0131n gelecekteki fiyat dalgalanmas\u0131n\u0131 ne kadar y\u00fcksek bekledi\u011fini g\u00f6steren \u00f6l\u00e7\u00fc) y\u00fcksek. Bu da basit al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) veya sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) almay\u0131 pahal\u0131 hale getiriyor. Yat\u0131r\u0131mc\u0131lar, \u201cout-of-the-money\u201d put sat\u0131\u015f\u0131 (kullan\u0131m fiyat\u0131 piyasan\u0131n alt\u0131nda kalan sat\u0131m opsiyonu satmak) gibi y\u00f6ntemlerle \u201cprim\u201d (opsiyon sat\u0131c\u0131s\u0131n\u0131n ald\u0131\u011f\u0131 \u00fccret) toplayabilir. Bu strateji, g\u00fc\u00e7l\u00fc temel dinamiklerin fiyat\u0131n 90 dolar\u0131n alt\u0131na sert d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc s\u0131n\u0131rlayaca\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcne dayan\u0131r; y\u00fcksek oynakl\u0131k ve s\u0131k\u0131 arz ortam\u0131ndan faydalan\u0131r.<\/p>\n
Jeopolitik risklerin yeniden artmas\u0131yla fiyat\u0131n s\u0131\u00e7rayaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnenler i\u00e7in \u201ccall spread\u201d (al\u0131m opsiyonu spread\u2019i: bir call al\u0131p daha y\u00fcksek kullan\u0131m fiyatl\u0131 ba\u015fka bir call satmak) daha d\u00fc\u015f\u00fck maliyetli bir y\u00fckseli\u015f stratejisidir. Bir call al\u0131rken ayn\u0131 anda daha y\u00fcksek kullan\u0131m fiyatl\u0131 call satmak, \u00f6denen net primi azalt\u0131r; oynakl\u0131\u011f\u0131n y\u00fcksek oldu\u011fu d\u00f6nemlerde bu \u00f6nemlidir. B\u00f6ylece y\u0131l i\u00e7i zirvelere yak\u0131n 104 dolar seviyesine do\u011fru hareketten faydalanmay\u0131 hedeflerken, prim erimesine (zaman de\u011feri kayb\u0131) tamamen a\u00e7\u0131k kalmadan risk s\u0131n\u0131rlan\u0131r.<\/p>\n
Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0hemen i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Petrolde \u015fok sat\u0131\u015f: WTI %8,9 d\u00fc\u015f\u00fc\u015fle 91 dolara indi. ABD-\u0130ran mutabakat\u0131 ve H\u00fcrm\u00fcz riskinin yeniden fiyatlanmas\u0131 etkili. Stoklar h\u0131zla erirken oynakl\u0131k artt\u0131; opsiyon stratejileri \u00f6ne \u00e7\u0131k\u0131yor.<\/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-46281","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\/46281","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=46281"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46281\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}