G\u00fcney Kore wonu (KRW), g\u00fc\u00e7l\u00fc i\u00e7 veri ak\u0131\u015f\u0131 ve Kore Merkez Bankas\u0131\u2019n\u0131n (BOK) ilave parasal s\u0131k\u0131la\u015ft\u0131rmaya gidece\u011fi beklentilerinin deste\u011fiyle ABD dolar\u0131 (USD) kar\u015f\u0131s\u0131nda y\u00fckseli\u015fini ikinci g\u00fcne ta\u015f\u0131d\u0131 ve ayl\u0131k bazda %6,5\u2019lik art\u0131\u015fa do\u011fru ilerliyor. Bu unsurlar, G\u00fcney Kore hisselerinde sert sat\u0131\u015flar g\u00f6r\u00fcl\u00fcrken bile para biriminin g\u00f6rece diren\u00e7li kalmas\u0131na yard\u0131mc\u0131 oldu.<\/p>\n
KOSPI, Sal\u0131 g\u00fcnk\u00fc %10\u2019luk d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan \u00c7ar\u015famba g\u00fcn\u00fc %12\u2019nin \u00fczerinde geriledi ve \u00fcst \u00fcste ikinci g\u00fcn 20 dakikal\u0131k i\u015flemlerin durdurulmas\u0131na yol a\u00e7t\u0131. Yaz\u0131m s\u0131ras\u0131nda endeks 5.638 seviyesinde %6,4 eksideydi ve yapay zek\u00e2 (AI) alan\u0131ndaki a\u015f\u0131r\u0131 yat\u0131r\u0131m endi\u015felerinin teknoloji hisselerini vurmas\u0131yla Temmuz ay\u0131nda yakla\u015f\u0131k %35 gerilemi\u015f durumda. Maliye Bakan\u0131 Koo Yun-cheol, tek hisseye dayal\u0131 kald\u0131ra\u00e7l\u0131 ETF\u2019lere ba\u011fl\u0131 kurallar da dahil olmak \u00fczere yeni piyasa istikrar\u0131 \u00f6nlemlerinin devreye al\u0131naca\u011f\u0131n\u0131 s\u00f6yledi. GSYH ikinci \u00e7eyrekte %0,6 b\u00fcy\u00fcrken, enflasyon Haziran\u2019da %3,2\u2019ye y\u00fckselerek 30 y\u0131l\u0131n en y\u00fcksek seviyesine \u00e7\u0131kt\u0131.<\/p>\n
T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131na, diren\u00e7li G\u00fcney Kore wonu ile sert d\u00fc\u015fen KOSPI aras\u0131ndaki ayr\u0131\u015fmaya odaklanmalar\u0131n\u0131 \u00f6neriyoruz. BOK\u2019un \u015fahin duru\u015fu ve para biriminin ayl\u0131k %6,5\u2019lik rallisi dikkate al\u0131nd\u0131\u011f\u0131nda, \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in USD\/KRW put opsiyonu almak g\u00fc\u00e7l\u00fc bir strateji olarak \u00f6ne \u00e7\u0131k\u0131yor. Tarihsel olarak, sa\u011flam ekonomik b\u00fcy\u00fcme agresif parasal s\u0131k\u0131la\u015fmayla \u00f6rt\u00fc\u015ft\u00fc\u011f\u00fcnde won, yerel hisse piyasas\u0131 zay\u0131fl\u0131\u011f\u0131na ra\u011fmen benzer \u00fclke para birimlerine kar\u015f\u0131 daha iyi performans g\u00f6sterme e\u011filimindedir.<\/p>\n
Temmuz\u2019da %35 \u00e7\u00f6ken KOSPI Endeksi\u2019ndeki a\u015f\u0131r\u0131 dalgalanmalar, ima edilen volatiliteyi h\u0131zla yukar\u0131 ta\u015f\u0131d\u0131. Bu b\u00fcy\u00fck fiyat hareketlerinden faydalanmak i\u00e7in endekste k\u0131sa vadeli straddle al\u0131m\u0131n\u0131 \u00f6neriyoruz; zira ilave i\u015flem durdurmalar\u0131n devam etmesi belirgin bir olas\u0131l\u0131k. Tarihsel olarak endeks volatilitesi k\u00fcmelenme e\u011filimindedir; bu da %10 veya \u00fczeri dramatik g\u00fcnl\u00fck hareketlerin A\u011fustos boyunca s\u00fcrmesinin y\u00fcksek olas\u0131l\u0131k oldu\u011fu anlam\u0131na gelir.<\/p>\n
D\u00fczenleyiciler tek hisseye dayal\u0131 kald\u0131ra\u00e7l\u0131 ETF\u2019lere y\u00f6nelik s\u0131k\u0131 yeni kurallar hedeflerken, likidite tuzaklar\u0131ndan ka\u00e7\u0131nmak i\u00e7in bu \u00fcr\u00fcnlerdeki pozisyonlar\u0131n derhal azalt\u0131lmas\u0131n\u0131 \u00f6neriyoruz. Bunun yerine, AI kaynakl\u0131 bu d\u00fczeltmeyi s\u00fcr\u00fckleyen b\u00fcy\u00fck yar\u0131 iletken ve teknoloji hisselerindeki standart hisse opsiyonlar\u0131na maruziyetimizi kayd\u0131rmal\u0131y\u0131z. Bu strateji, kald\u0131ra\u00e7l\u0131 fonlar\u0131n \u00fczerinde as\u0131l\u0131 duran d\u00fczenleyici riskler olmadan put opsiyonlar\u0131n\u0131n a\u015fa\u011f\u0131 y\u00f6nl\u00fc korumas\u0131n\u0131 yakalamam\u0131za imk\u00e2n tan\u0131r.<\/p>\n
G\u00fcney Kore\u2019de 2\u00c7 GSYH b\u00fcy\u00fcmesinin %0,6 olmas\u0131 ve enflasyonun 30 y\u0131l\u0131n zirvesi olan %3,2\u2019ye \u00e7\u0131kmas\u0131, faizlerin daha uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131n\u0131 i\u015faret ediyor. Merkez bankas\u0131 s\u0131k\u0131la\u015ft\u0131rmay\u0131 s\u00fcrd\u00fcrd\u00fck\u00e7e tahvil getirilerinin y\u00fckselece\u011fi beklentisiyle 3 y\u0131ll\u0131k devlet tahvili vadeli kontratlar\u0131nda k\u0131sa pozisyon aranmal\u0131. Bu makro arka plan, hisse piyasalar\u0131 denge ararken bile getiri aray\u0131\u015f\u0131ndaki sermayenin wonu desteklemeyi s\u00fcrd\u00fcrece\u011fine i\u015faret ediyor.<\/p>\n\n\n\n
Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":" Won g\u00fc\u00e7lenirken KOSPI \u00e7ak\u0131l\u0131yor: KRW\/USD kar\u015f\u0131s\u0131nda iki g\u00fcnd\u00fcr y\u00fckseli\u015fte, ayl\u0131k %6,5\u2019e ko\u015fuyor. BOK s\u0131k\u0131la\u015fma beklentisiyle USD\/KRW put, KOSPI straddle ve 3 y\u0131ll\u0131k tahvil vadeli k\u0131sa \u00f6neriliyor.<\/p>\n","protected":false},"author":87,"featured_media":49967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-51912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t