{"id":1260,"date":"2024-04-11T16:11:46","date_gmt":"2024-04-11T14:11:46","guid":{"rendered":"https:\/\/deniksuper.cz\/?p=1260"},"modified":"2024-08-26T16:12:52","modified_gmt":"2024-08-26T14:12:52","slug":"derivaty-slozite-nastroje-pro-zkusene-investory","status":"publish","type":"post","link":"https:\/\/deniksuper.cz\/?p=1260","title":{"rendered":"Deriv\u00e1ty: Slo\u017eit\u00e9 n\u00e1stroje pro zku\u0161en\u00e9 investory"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Deriv\u00e1ty<\/strong> jsou finan\u010dn\u00ed n\u00e1stroje, jejich\u017e hodnota je odvozena (derivovan\u00e1) od hodnoty jin\u00e9ho podkladov\u00e9ho aktiva. T\u00edmto podkladov\u00fdm aktivem m\u016f\u017ee b\u00fdt t\u00e9m\u011b\u0159 cokoliv \u2013 od akci\u00ed a komodit p\u0159es m\u011bny a\u017e po \u00farokov\u00e9 sazby.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Pro\u010d deriv\u00e1ty existuj\u00ed?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Hedging:<\/strong> Deriv\u00e1ty slou\u017e\u00ed k zaji\u0161t\u011bn\u00ed proti riziku. Nap\u0159\u00edklad zem\u011bd\u011blec m\u016f\u017ee vyu\u017e\u00edt futures kontrakt na p\u0161enici, aby si zajistil ur\u010ditou cenu za svou \u00farodu, a t\u00edm se ochr\u00e1nil p\u0159ed p\u0159\u00edpadn\u00fdm poklesem cen na trhu.<\/li>\n\n\n\n<li><strong>Spekulation:<\/strong> Deriv\u00e1ty umo\u017e\u0148uj\u00ed investor\u016fm spekulovat na budouc\u00ed v\u00fdvoj trhu. Pokud investor o\u010dek\u00e1v\u00e1, \u017ee cena ur\u010dit\u00e9ho aktiva poroste, m\u016f\u017ee koupit call opci na toto aktivum.<\/li>\n\n\n\n<li><strong>P\u00e1kov\u00fd efekt:<\/strong> Deriv\u00e1ty umo\u017e\u0148uj\u00ed investor\u016fm dos\u00e1hnout vy\u0161\u0161\u00edho zisku p\u0159i ni\u017e\u0161\u00edm vkladu. Nicm\u00e9n\u011b, p\u00e1kov\u00fd efekt funguje ob\u011bma sm\u011bry \u2013 m\u016f\u017ee v\u00e9st k vysok\u00fdm zisk\u016fm, ale tak\u00e9 ke zna\u010dn\u00fdm ztr\u00e1t\u00e1m.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nejb\u011b\u017en\u011bj\u0161\u00ed typy deriv\u00e1t\u016f:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Futures:<\/strong> Smlouva, kter\u00e1 zavazuje ob\u011b strany k n\u00e1kupu nebo prodeji ur\u010dit\u00e9ho aktiva za p\u0159edem stanovenou cenu v budoucnu.<\/li>\n\n\n\n<li><strong>Opce:<\/strong> D\u00e1v\u00e1 investorovi pr\u00e1vo (ale ne povinnost) koupit (call opce) nebo prodat (put opce) ur\u010dit\u00e9 aktivum za p\u0159edem stanovenou cenu v budoucnu.<\/li>\n\n\n\n<li><strong>Swapy:<\/strong> Dohoda o v\u00fdm\u011bn\u011b platebn\u00edch tok\u016f mezi dv\u011bma stranami.<\/li>\n\n\n\n<li><strong>Warranty:<\/strong> Speci\u00e1ln\u00ed typ opce spojen\u00fd s akciemi.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>V\u00fdhody deriv\u00e1t\u016f:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Flexibilita:<\/strong> Deriv\u00e1ty nab\u00edzej\u00ed \u0161irokou \u0161k\u00e1lu mo\u017enost\u00ed pro hedging a spekulaci.<\/li>\n\n\n\n<li><strong>P\u00e1kov\u00fd efekt:<\/strong> Mo\u017enost dos\u00e1hnout vysok\u00fdch zisk\u016f p\u0159i ni\u017e\u0161\u00edm vkladu.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nev\u00fdhody deriv\u00e1t\u016f:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Slo\u017eitost:<\/strong> Deriv\u00e1ty jsou komplexn\u00ed finan\u010dn\u00ed n\u00e1stroje, kter\u00e9 vy\u017eaduj\u00ed hlubok\u00e9 znalosti a zku\u0161enosti.<\/li>\n\n\n\n<li><strong>Vysok\u00e9 riziko:<\/strong> P\u00e1kov\u00fd efekt m\u016f\u017ee v\u00e9st k vysok\u00fdm ztr\u00e1t\u00e1m, pokud se trh vyvine neo\u010dek\u00e1van\u011b.<\/li>\n\n\n\n<li><strong>Nelikvidita:<\/strong> N\u011bkter\u00e9 deriv\u00e1ty mohou b\u00fdt obt\u00ed\u017en\u011b prodat, zejm\u00e9na v dob\u011b vysok\u00e9 volatility trhu.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Deriv\u00e1ty jsou mocn\u00fdm n\u00e1strojem pro zku\u0161en\u00e9 investory, kte\u0159\u00ed cht\u011bj\u00ed diverzifikovat sv\u00e9 portfolio a dos\u00e1hnout vy\u0161\u0161\u00edch v\u00fdnos\u016f. Nicm\u00e9n\u011b, jejich vysok\u00e1 slo\u017eitost a riziko je \u010din\u00ed nevhodn\u00fdmi pro za\u010d\u00e1te\u010dn\u00edky. Pokud zva\u017eujete investov\u00e1n\u00ed do deriv\u00e1t\u016f, doporu\u010duje se poradit se s odborn\u00edkem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deriv\u00e1ty jsou finan\u010dn\u00ed n\u00e1stroje, jejich\u017e hodnota je odvozena (derivovan\u00e1) od hodnoty jin\u00e9ho podkladov\u00e9ho aktiva. T\u00edmto podkladov\u00fdm aktivem m\u016f\u017ee b\u00fdt t\u00e9m\u011b\u0159 cokoliv \u2013 od akci\u00ed a komodit p\u0159es m\u011bny a\u017e po \u00farokov\u00e9 sazby. Pro\u010d deriv\u00e1ty existuj\u00ed? Nejb\u011b\u017en\u011bj\u0161\u00ed typy deriv\u00e1t\u016f: V\u00fdhody deriv\u00e1t\u016f: Nev\u00fdhody deriv\u00e1t\u016f: Deriv\u00e1ty jsou mocn\u00fdm n\u00e1strojem pro zku\u0161en\u00e9 investory, kte\u0159\u00ed cht\u011bj\u00ed diverzifikovat sv\u00e9 portfolio a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-1260","post","type-post","status-publish","format-standard","has-post-thumbnail","category-finance"],"amp_enabled":false,"_links":{"self":[{"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/posts\/1260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1260"}],"version-history":[{"count":1,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/posts\/1260\/revisions"}],"predecessor-version":[{"id":1262,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/posts\/1260\/revisions\/1262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=\/wp\/v2\/media\/1261"}],"wp:attachment":[{"href":"https:\/\/deniksuper.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deniksuper.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}