[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.gcjc.cz\/obchodovani-s-opcemi\/#Article","mainEntityOfPage":"https:\/\/www.gcjc.cz\/obchodovani-s-opcemi\/","headline":"Obchodov\u00e1n\u00ed s opcemi","name":"Obchodov\u00e1n\u00ed s opcemi","description":"Pro za\u010d\u00e1tek bychom si m\u011bli \u0159\u00edci, co je to opce, op\u010dn\u00ed pr\u00e1vo, a op\u010dn\u00ed trading. Opce je specifick\u00fd burzovn\u00ed n\u00e1stroj, … ","datePublished":"2021-04-17","dateModified":"2023-05-19","author":{"@type":"Person","@id":"https:\/\/www.gcjc.cz\/author\/#Person","name":"","url":"https:\/\/www.gcjc.cz\/author\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d2f205e1507a0401c7d467d32c87ccece0f63a45b81075bb691dbe8d4c823787?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d2f205e1507a0401c7d467d32c87ccece0f63a45b81075bb691dbe8d4c823787?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"gcjc.cz","logo":{"@type":"ImageObject","@id":"\/logo.png","url":"\/logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.gcjc.cz\/wp-content\/uploads\/graph-3078545_1280.png","url":"https:\/\/www.gcjc.cz\/wp-content\/uploads\/graph-3078545_1280.png","height":0,"width":0},"url":"https:\/\/www.gcjc.cz\/obchodovani-s-opcemi\/","about":["Nakupov\u00e1n\u00ed"],"wordCount":451,"articleBody":"   Pro za\u010d\u00e1tek bychom si m\u011bli \u0159\u00edci, co je to opce, op\u010dn\u00ed pr\u00e1vo, a op\u010dn\u00ed trading. Opce je specifick\u00fd burzovn\u00ed n\u00e1stroj, jeho\u017e spr\u00e1vn\u00fdm pou\u017e\u00edv\u00e1n\u00edm lze doplnit vlastn\u00ed investi\u010dn\u00ed portfolio \u2013 av\u0161ak krom\u011b zisk\u016f mohou p\u0159ij\u00edt i n\u00e1hl\u00e9 ztr\u00e1ty.Opce je v podstat\u011b smlouva mezi mezi prod\u00e1vaj\u00edc\u00ed a kupuj\u00edc\u00ed stranou, p\u0159i\u010dem\u017e kupuj\u00edc\u00ed m\u00e1 pr\u00e1vo zakoupit, event. prodat podkladov\u00e9 aktivum za sjednanou cenu, a to a\u017e do data vypr\u0161en\u00ed smlouvy. Dr\u017e\u00edme-li tedy opce neboli op\u010dn\u00ed term\u00ednovan\u00fd kontrakt, vznik\u00e1 n\u00e1m tak p\u0159edkupn\u00ed pr\u00e1vo na ur\u010dit\u00e9 aktivum, kter\u00e9 m\u016f\u017eeme za p\u0159edem ur\u010denou cenu a v p\u0159edem ur\u010den\u00e9m \u010dase nakoupit. Jedn\u00e1 se o pr\u00e1vo, nikoliv o povinnost. Hodnotu opce tvo\u0159\u00ed, mj., pr\u00e1v\u011b \u010das, co\u017e znamen\u00e1, \u017ee i kdy\u017e se na\u0161e podkladov\u00e9 aktivum neh\u00fdbe, je mo\u017en\u00e9 i tak na opc\u00edch vyd\u011bl\u00e1vat \u2013 profit z rozpadu \u010dasu. Ztrat\u00edme-li mezit\u00edm o transakci z\u00e1jem, tak n\u00e1m p\u0159edkupn\u00ed pr\u00e1vo zkr\u00e1tka propadne. Majitel dan\u00e9 v\u011bci ji nesm\u00ed po dobu trv\u00e1n\u00ed op\u010dn\u00edho pr\u00e1va prodat nikomu jin\u00e9mu. Pro obchodov\u00e1n\u00ed s opcemi je d\u016fle\u017eit\u00e1 strike cena a expirace opce.Kupuj\u00edc\u00ed plat\u00ed prod\u00e1vaj\u00edc\u00edmu op\u010dn\u00ed pr\u00e9mii, co\u017e je vlastn\u011b cena opce a je odm\u011bnou pro prod\u00e1vaj\u00edc\u00ed stranu a ta j\u00ed z\u016fst\u00e1v\u00e1, a\u0165 je obchod realizov\u00e1n \u010di nikoliv.Op\u010dn\u00ed pr\u00e9mieOp\u010dn\u00ed pr\u00e9mie sest\u00e1v\u00e1 ze dvou slo\u017eekVnit\u0159n\u00ed hodnota opce \/intristic value\/ \u2013 jedn\u00e1 se o zisk, jen\u017e by majitel doc\u00edlil okam\u017eit\u00fdm uplatn\u011bn\u00edm opce, tj. koup\u00ed nebo prodejem bazick\u00e9ho instrumentu za realiza\u010dn\u00ed cenu, a sou\u010dasn\u00fdm kompenzuj\u00edc\u00edm obchodem na spotov\u00e9m trhu.Vnit\u0159n\u00ed hodnotu maj\u00ed jen opce v pen\u011bz\u00edch. Jej\u00ed v\u00fd\u0161e je odvisl\u00e1 od vztahu mezi sou\u010dasnou cenou \/spot\/ a realiza\u010dn\u00ed cenou \/strike\/.  U opc\u00ed v pen\u011bz\u00edch jsou pravd\u011bpodobn\u00e9 vy\u0161\u0161\u00ed zisky. Jak roste vnit\u0159n\u00ed hodnota opc\u00ed, opce se st\u00e1v\u00e1 dra\u017e\u0161\u00ed a investice do n\u00ed je m\u00e9n\u011b v\u00fdhodn\u00e1, co\u017e se projev\u00ed v poklesu \u010dasov\u00e9 hodnoty.\u010casov\u00e1 hodnota opce \/time value\/- jedn\u00e1 se o zpen\u011b\u017eitelnost opce a volatilitu podkladov\u00e9ho aktiva. \u010casov\u00e1 hodnota opce kles\u00e1 s bl\u00ed\u017e\u00edc\u00edm se expira\u010dn\u00edm datem. Nejprud\u0161\u00ed pokles t\u00e9to hodnoty b\u00fdv\u00e1 zpravidla zaznamen\u00e1n cca dva t\u00fddny p\u0159ed splatnost\u00ed.Op\u010dn\u00ed trading tkv\u00ed ve spr\u00e1vn\u00e9 op\u010dn\u00ed strategii, zvolen\u00e9 v ten spr\u00e1vn\u00fd \u010das.                                                                                                                                                                                                                                                                                                                                                                                          3.7\/5 - (7 votes)        "},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Obchodov\u00e1n\u00ed s opcemi","item":"https:\/\/www.gcjc.cz\/obchodovani-s-opcemi\/#breadcrumbitem"}]}]