ABD Emtia Vadeli \u0130\u015flemler Ticaret Komisyonu (CFTC) verileri, S&P 500 net ticari olmayan pozisyonlar\u0131n negatife ge\u00e7ti\u011fini ve \u00f6nceki d\u00f6nemdeki 11,3 bin seviyesinden -10,6 bine geriledi\u011fini g\u00f6sterdi. Bu de\u011fi\u015fim, ticari olmayan yat\u0131r\u0131mc\u0131lar\u0131n S&P 500 vadeli i\u015flemlerinde net uzun pozisyondan net k\u0131sa pozisyona ge\u00e7ti\u011fine i\u015faret ediyor.<\/p>\n\n
Son veri, \u00f6nceki haftan\u0131n pozitif dengesinin tersine bir g\u00f6r\u00fcn\u00fcm sergilerken, y\u00fckseli\u015f y\u00f6nl\u00fc pozisyonlanman\u0131n azald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. S\u00f6z konusu veriler CFTC taraf\u0131ndan ABD hisse endeksi vadeli i\u015flemlerine ili\u015fkin d\u00fczenli pozisyonlanma istatistikleri kapsam\u0131nda a\u00e7\u0131klan\u0131yor.<\/p>\n\n
Piyasa duyarl\u0131l\u0131\u011f\u0131nda belirgin bir de\u011fi\u015fim g\u00f6r\u00fcyoruz: Spek\u00fclatif yat\u0131r\u0131mc\u0131lar S&P 500\u2019de resmen net uzun pozisyondan net k\u0131sa pozisyona d\u00f6nd\u00fc. CFTC\u2019nin ticari olmayan net pozisyonlar\u0131 11,3 binlik art\u0131 seviyeden -10,6 bine sert bi\u00e7imde geriledi. Bu h\u0131zl\u0131 tersine d\u00f6n\u00fc\u015f, kurumsal oyuncular\u0131n yukar\u0131 y\u00f6nl\u00fc ivmenin s\u00fcrmesinden ziyade k\u0131sa vadeli oynakl\u0131\u011fa haz\u0131rland\u0131\u011f\u0131n\u0131 g\u00f6steriyor. T\u00fcrev \u00fcr\u00fcn yat\u0131r\u0131mc\u0131lar\u0131n\u0131n, \u00f6n\u00fcm\u00fczdeki haftalarda artabilecek a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131ya haz\u0131rlanmak i\u00e7in portf\u00f6ylerini vakit kaybetmeden ayarlamalar\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n
Bu d\u00fc\u015f\u00fc\u015f e\u011filimli d\u00f6n\u00fc\u015f, tarihsel mevsimsellik e\u011filimleriyle de \u00f6rt\u00fc\u015f\u00fcyor; zira A\u011fustos sonu ve Eyl\u00fcl, ABD hisse senetleri i\u00e7in geleneksel olarak y\u0131l\u0131n en zay\u0131f d\u00f6nemleri aras\u0131nda yer al\u0131yor. Son birka\u00e7 on y\u0131lda S&P 500, Eyl\u00fcl ay\u0131nda ortalama yakla\u015f\u0131k %1,2 d\u00fc\u015f\u00fc\u015f kaydederek tarihsel olarak y\u0131l\u0131n en k\u00f6t\u00fc performans g\u00f6steren ay\u0131 oldu. Bu mevsimsel bask\u0131n\u0131n, vadeli i\u015flemlerdeki son pozisyonlanman\u0131n i\u015faret etti\u011fi sat\u0131\u015f bask\u0131s\u0131n\u0131 art\u0131rmas\u0131 beklenebilir.<\/p>\n\n
Bu ortamda i\u015flem yapmak i\u00e7in, mevcut hisse portf\u00f6ylerini ani bir geri \u00e7ekilmeye kar\u015f\u0131 korumak amac\u0131yla koruyucu (protective) put opsiyonlar\u0131na odaklan\u0131lmas\u0131n\u0131 tavsiye ediyoruz. T\u00fcrev \u00fcr\u00fcn yat\u0131r\u0131mc\u0131lar\u0131, riski net bi\u00e7imde s\u0131n\u0131rlarken olas\u0131 bir d\u00fc\u015f\u00fc\u015ften faydalanmak i\u00e7in k\u0131sa vadeli bear put spread stratejilerini de de\u011ferlendirebilir. Daha y\u00fcksek nakit oran\u0131n\u0131n korunmas\u0131 ve defansif opsiyon yap\u0131lar\u0131n\u0131n \u00f6ne \u00e7\u0131kar\u0131lmas\u0131, bu spek\u00fclatif d\u00f6n\u00fc\u015f\u00fcn daha geni\u015f \u00e7apl\u0131 bir piyasa sat\u0131\u015f\u0131na d\u00f6n\u00fc\u015fmesi halinde dayan\u0131kl\u0131l\u0131\u011f\u0131 art\u0131racakt\u0131r.<\/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":" Alarm zilleri \u00e7al\u0131yor: CFTC\u2019ye g\u00f6re S&P 500\u2019de spek\u00fclatif pozisyonlar 11,3 binden -10,6 bine inerek net k\u0131saya d\u00f6nd\u00fc; mevsimsel Eyl\u00fcl zay\u0131fl\u0131\u011f\u0131yla risk art\u0131yor, protective put\/bear spread \u00f6ne \u00e7\u0131k\u0131yor.<\/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-53124","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