paryay thewa

vittamadhye, putt kinwa putt paryay heey vittiy bajarpethet eka vyutpann sadhan aahe jeey dharkala (i.eae. putt paryayacha kharedidar) malmatta ('antarnihit'), vishisht kimmatila ('sump'), vishisht tarkheparyant (kinwa 'mudat sampaleli' kinwa 'paripakvata') 'lekhak' laa (mhanje.eae. vikreta). putt paryay kharedicha arth antarnihit sambhagachya bhavishyatil mulyabaddal nakaratmak bhavna assa keela jaato. putt' haah shabd malkala sambhag kinwa nirdeshank 'vikrisathi thevanyacha' adhikar aahe yaa vastusthitivarun aala aahe.
adhik guntaguntichya guntavanuk dhoranancha bhag mhanoon itar derivatives dekhil putt jodale jaau shakatat aanee visheshtah hejingsathi upayukt tharoo shakatat. european putt paryay dharan karane heey sambandhit coll paryay dharan karane aanee yogya forward karar vikanyaitakech aahe. yaa samatulyates 'putt-coll parity' mhanatat.
share bajarat, vishisht kimmatipeksha qamee asalelya sambhagachya kimmatitil ghasaranipasun sanrakshn karnyasathi putt paryayancha vapar keela jaato. jarr sambhagachi kimmat sampadanachya kimmatipeksha qamee hott asel tarr sampadechya dharkala sampadechi vikri sampadanachya kimmatila karnyacha adhikar aahe, parantu bandhan nahee, tarr sampadechya vikretyala sampadechi kharedi sampadanachya kimmatila karanyachi jababdari aahe, jarr malkane tase karnyacha adhikar vaparla (dharkala paryay vaparane mhatale jaate). asha prakare, jaree malmatta sadhya nirupayogi asali taree, putchya kharedidarala kiman nirdisht keleli strike kimmat milel.
jarr sump asel aanee tyaa velee antarnihit mulyanche moolya asel, tarr 'american paryay' madhye kharedidar paryayachya paripakvata tarkheparyant konatyahi velee bharana karnyasathi putscha vapar karoo shakato. jevha paryay vaparla jaato tevha antarnihit kimmat sampapeksha khalee ghasarate tevhach putt sakaratmak paratava dete. european paryay' konatyahi velee vaparnyaivaji keval velevar vaparla jaau shakato aanee 'barmudan paryay' keval kararachya atinmadhye soochibaddha kelelya vishisht tarkhanvar vaparla jaau shakato. jarr paripakvataparyant paryay vaparla gela nahee, tarr too vyarth tharato. (jarr antarnihit vastuchi kimmat tyapeksha jaast asel tarr kharedidar sahasa manya tarkhela paryay vaparnar nahee.)
putt paryayacha sarvat spasht vapar vimyacha eka prakar mhanoon hoto. snrakshak putt dhoranat, guntavanukdar tyanchya antargat malkichya bhaganche sanrakshn karnyasathi puresha putchi kharedi karato jenekarun jarr antarnihit kimmatit tivra ghat jhaali, tarihi teey tee strike kimmatila vikoo shaktil. aanakhi eka upayog mhanje andaj lavaneh guntavanukdar antarnihit sambhagat thet vyapar naan karata tyat chhoti sthitee gheu shakato.
upkarananche model.
paryay vikanyachya adhikaracha vapar karnyachya atty paryay shailinusar bhinn asatat. european putt paryay dharkala kalbahya honyapurvi thodya kalavadhisathi putt paryay vaparanyachi parvanagi deto, tarr american putt paryay kalbahya honyapurvi konatyahi velee vyayam karnyas parvanagi deto.
sarvat mothya pramanavar vyapar honare putt paryay heey sambhag/sambhaganvar asatat, parantu tyancha vyapar vyajdar (vyajdaratil majala pahaa) kinwa vastunsarkhya itar anek sadhananvar keela jaato.
putt kharedidar ektar assa vishvas thevato qee antargat malmattechi kimmat vyayamachya tarkheparyant qamee hoil kinwa tyateel dirgh sthitiche sanrakshn karanyachi aasha balgato. malmatta qamee vikrivar thevaleli kharedi karnyacha fayda assa aahe qee paryay malkachya totyacha dhoka tyasathi dilelya haptyapurata maryadit asato, tarr malmatta qamee vikri vikri totyacha dhoka amaryad asato (tyachi kimmat mothya pramanat vadhu shakate, kharey tarr, siddhantatah tee amaryad vadhu shakate aanee ashee vaadh mhanje alpavikretyache nuksan). kharedidarane midavalelya fayadhyachi shakyata (jokhim) hii paryayachya strike praisparyant maryadit asate, jee antarnihit spott price aanee tyasathi bharalelya premium/shulkaparyant qamee asate.
lekhak' chaa assa vishvas aahe qee antarnihit rokhechi kimmat vadhel, qamee honar nahee. lekhak hapte gola karnyasathi putt vikato. putt lekhakache ekoon sambhavya nuksan heey aadhipasoon midalele spott aanee premium qamee asalelya putchya strike kimmatiparyant maryadit asate. lekhakachya portfoliochi jokhim maryadit karnyasathi dekhil putcha vapar keela jaau shakato aanee too paryayancha prasar karnyacha bhag asoo shakato.
putt kharedidar/malkakade putchya antargat malmattechi kamatarata asate, parantu putt paryayavarach dirghkal asato. mhanjech, kharedidarala putt paryayache moolya strike kimmatichya khalee asalelya antarnihit malmattechya kimmatit ghat houn vaadh karayache aahe. putcha lekhak (vikreta) antarnihit malmattevar lamb asato aanee putt paryay swatach qamee asato. mhanjech, vikretyala, sampadanachya kimmatipeksha moolbhut malmattechya kimmatit vaadh karoon paryay nirupayogi vhayacha asato. samanyatah, kharedi kelelya putt paryayala 'long putt' aanee vikalya gelelya putt paryayala 'short putt' asey sambodhale jaate.
nagna putt, jyala 'uncovered putt' asehi mhanatat, haah eka putt paryay aahe jyachya lekhakache (vikreta) antarnihit stock kinwa itar upkaranat sthan nahee. heey dhoran, antarnihit sambhagat sthan midvu midvu guntavanukdarandware sarvottamaritya vaparale jaate, parantu kimmat pureshi qamee asel tarach. jarr kharedidar paryayancha vapar karnyat ayashasvi tharala, tarr lekhak paryayasathiche hapte rakhoon thevato.
mudat sampalyavar jarr antarnihit sambhagachi bajar kimmat paryayachya sampatichya kimmatipeksha qamee asel, tarr paryay malak (kharedidar) putt paryay vaparu shakato, jyamule lekhkala sump kimmativar antarnihit sambhag kharedi karnyas bhag padale jaate. jyamule vaparkartyala (kharedidarala) sambhagachi bajar kimmat aanee paryayachya sump kimmatitil farkacha fayda houu shakato. parantu mudat sampanyachya divashi jarr sambhagachi bajar kimmat paryayanchya sump kimmatipeksha jaast asel, tarr paryay vyarth jaato aanee malakache nuksan tyasathi (lekhakacha napha) bharalelya haptyaparyant (shulk) maryadit asate.
vikretyache nagna putvar honare sambhavya nuksan lakshaniy asoo shakate. jarr sambhag shunyavar (diwalkhori) aala tarr tyache nuksan sump kimmatichya (jyachya aadhare tyala paryay bharnyasathi sambhag kharedi karava lagel) vaja prapt jhalelya haptyachya barobariche asate. paryay viktana milanara haptyacha sambhavya fayda mhanjeh jarr sampatana sambhagachi kimmat sampalelya kimmatipeksha jaast asel tarr paryay vikreta haptyacha hapta thevato aanee paryay vyarth jaato. paryayachya aayushyat, jarr sambhag qamee jhaala tarr paryayacha hapte vadhu shakatat (sambhag kitee khalee padato aanee kitee vel jaato yavar avalambun). jarr asey jhaale tarr sthitee bund karane adhik mahag hote (aadhi vikali geleli jaaga punha kharedi qaraa), parinami nuksan hote. putt sthitee bund honyapurvi jarr stockchi kimmat purnapane kosalali, tarr putt lekhkala sambhavyapane vinashkari nuksan sosave lagoo shakate. putt kharedidarala purvanirdharit honyapasoon vachavanyasathi, putt raitarala margine poost karane aavashyak aahe. putt kharedidarala margine poost karanyachi aavashyakta nahee kaaran jarr tyala nakaratmak paratava midala tarr kharedidar yaa paryayacha vapar karnar nahee.
stockveryl putt paryayache udaharan.
eka putt kharedi qaraa.
kharedidarala vatate qee sambhagachi kimmat qamee hoil. teey eka hapte bharatat jeey teey kalbahya honyapurvi vikale jaiparyant tyanna kadhihi parat milanar nahee. kharedidarala sump darane sambhag vikanyacha adhikar aahe.
eka putt liha.
lekhkala kharedidarakadun hapte midatat. jarr kharedidarane tyancha paryay vaparla tarr lekhak sump darane satha kharedi karel. jarr kharedidarane tyanchya paryayacha vapar keela nahee, tarr lekhakacha napha haah haptyacha asato.
jevha antarnihit upkaranala paryayanchya strike kimmatichya ("keey") "khalee" spott kimmat ("ess") asate tevha putt paryayala aantarik moolya asate asey mhatale jaate. vyayam kelyavar, putt paryay jarr "inn-daad-munny" asel tarr tyache moolya keey-ess asey manale jaate, anyatha tyache moolya shoonya asate. vyayam karnyapurvi, paryayala tyachya aantarik mulyashivay veleche moolya asate. putt paryayache veleche moolya qamee karnare khaleel ghatak aaheth mudat sampanyasathicha vel qamee karane, antarnihit asthiratet ghat hone aanee vyajadarat vaadh. paryay kimmat nirdharan hii aarthik ganitachi madhyavarti samasya aahe.

