【正文】 y at a stated price. The price that the market participants are willing to pay.| Yp~h6[~rR 以指定了的價(jià)格購買特定數(shù)量的商品。市場參與者愿意支付的價(jià)格。.Ll7`amp。F Kk FDJ L)yC%{ Y Black Scholes Model 布萊克斯格爾模式 3@B3mZ SY:h3Q6]A model used to calculate the value of a European call option. Developed in 1973 by Fisher Black and Myron Scholes, it utilizes the stock. cV5f.~6y:Yu 用來計(jì)算歐式買入期權(quán)的模式。在 1973 由 Fisher Black 和 Myron Scholes 發(fā)展的，它運(yùn)用股票計(jì)算。)E4uAl \,kl{Zg{5Bqw,z8D Blowoff volume 傾銷量 x{$|kamp。U,@
XAn extraordinarily high volume trading session occurring suddenly in an uptrend signaling the end of the trend.:CEIamp。d]一個(gè)反常的高成交量交易部分突然在上升趨勢中發(fā)生，預(yù)示著趨勢的結(jié)束。M8Ri4]VYdW
i k*IJ 8T[9X1o$R!P Y d。U/B1]Board of Trade 交易委員會(huì) ETaT,[SAn exchange where modity futures and/or futures options are traded. 39。A]k%U8nYamp。r 一個(gè)商品期貨和 / 或者是期貨期權(quán)買賣的交易場所。 5AN*\M6AnJN+s(|+M:_N$\O~0gc Bond 債券 %ZR:uamp。wF3y)mZ B39。Q Instrument traded on the cash marketrepresenting a debt of the government or of a pany.]7of8Y 在現(xiàn)金市場中交易的工具它代表著一種政府或公司的債務(wù)。 J+bF ?8Y `
R(bR hyogBox Spread 盒式套利 feRn2kA A dual option position involving a bull and bear spread with identical expiry dates. This investment strategy provides for minimal risk. Additionally, it can lead to an arbitrage position as an investor attempts to lock in a small return at expiry.*m,h4`)|amp。p一種期權(quán)策略，這種策略可以借具有相同有效期的看跌期權(quán)或者看漲期權(quán)得以貫徹?？梢詫L(fēng)險(xiǎn)最小化。同時(shí)，當(dāng)投資者打算鎖定到期時(shí)的最小收益時(shí)，可以產(chǎn)生套利機(jī)會(huì)。*zQ4Kc3j a@39。uVXxN+\gthS Break 突破 3G5As$V*zx aA sudden price move。 prices may beak up or down.4Y8_?L |b5^ 一次突然的價(jià)格變動(dòng) 。 價(jià)格可能上升或下降。2yr YR$e$b|b+m!e\(jR6|A)o39。S,k E Breakaway gap 突破缺口 ZGamp。s+Go0Ro A gap in prices that signals the end of a price pattern and the beginning of an important market move.eJ%gm+DhY價(jià)格的一個(gè)缺口，表示一個(gè)價(jià)格趨勢的結(jié)束和一個(gè)重要的市場運(yùn)動(dòng)的開始。ra,}o9K/PnV H39。qRdBreakeven 平衡點(diǎn)（收支相抵） L(q0@I:bItThe point at which an option buyer or seller experiences no loss and no profit on an option. Call breakeven equals the strike price plus the premium. Put breakeven equals the strike price minus the premium.aP|d\ R:kramp。m一個(gè)策略的既不贏錢也不輸錢的股票價(jià)格。買入期權(quán)收支平衡點(diǎn)等于執(zhí)行價(jià)加上期權(quán)金。賣出期權(quán)的收支平衡等于執(zhí)行價(jià)減去期權(quán)金。?amp。s ^T?*h(P
oamp。Pp1R3y)V9`{ Brokerage 傭金 !tvL](N S)C The fee charged by a broker for execution of a transaction. May be a flat amount or a percentage。 usually referred to as a mission.+U
`39。E9kz5s*m P C0s 是經(jīng)紀(jì)商對(duì)交易收取的費(fèi)用?？赡苁且还P固定的金額或是百分比，通常指的是中介費(fèi)。jDV
[F h3R`IKzBrokerage house 經(jīng)紀(jì)行 V1X+@9NA firm that handles orders to buy and sell futures and options contracts for b,vY/b$A
bk@一個(gè)為客戶處理期貨和期權(quán)買賣合約訂單的公司。 ?HUrt:]8[*WC
u uc@:_{Bulge 暴漲 %T6I~*py:l!d+iEA slang term used to describe a rapid advance in prices within the modities market.:cD)`n:E9y3x 是用來描繪一個(gè)在商品市場內(nèi)快速升高的價(jià)格。amp。uy8Gu3R!kx3U y J*C2}t0OBull 牛市 ( 買空 ) :Jm9w%t5e%~QC0Jamp。b One who expects prices to rise.Bp0wPWOr預(yù)期價(jià)格會(huì)上升K3zBO\BFM*mn2b 4^V
lEk/lj{。HG Bull market 牛市、多頭市場 w qtGcA market in which prices are rising.~bOU4]一個(gè)價(jià)格正在上漲的市場。*h2d2Q1F/PY(KXSgT7`z%r^/sYzX Bull spread 牛市套利 j_W
H+k Q[ @wA vertical spread involving the purchase of the lower strike call and the sale of the higher strike call, called a bull call spread. Also, a vertical spread involving the purchase of the lower strike put and the sale of the higher strike put.`AY:VO| @ 它是買一手較低定約價(jià)的期權(quán)，同時(shí)賣一手較高定約價(jià)的期權(quán)，兩手期權(quán)一般有相同的合約到期日?？吹跈?quán)或者看漲期權(quán)都可以用于這一策略。J)G)W)AC)[/lO2zP%A4?*mfCS*T(OBullish key reversal 牛市重要反轉(zhuǎn) |j[g*id`A bar chart formation that occurs in a downtrending market when the day39。s high is higher, low is lower and close is above the previous day39。s. Can signal an uping uptrend.+U!U\+I/o0~9oCQ出現(xiàn)在下降趨勢的市場中，最高價(jià)比前一天更高，最低價(jià)更低，收盤價(jià)高與前一天的徒刑。表明一個(gè)上漲趨勢的來臨。y7d$RQ5jQN3@.z+IBundle 一攬子交易 p/ubrPI]amp。EZ*@The simultaneous sale or purchase of one each of a series of consecutive futures contracts. Bundles provide a readily available, widely accepted method for executing multiple futures contracts with a single transaction.*uL R6NZn a同時(shí)買賣一系列相連的期貨合同，他是提供一個(gè)易于獲得并且被廣泛接受的在一個(gè)交易中執(zhí)行多個(gè)期貨合同的方法。Z} P c G9VzA6H!J|}:d,i Buoyant 市場活躍 39。HZ5s39。Q![z:NA The term used to describe a modities market where the prices generally rise with ease when there are considerable signals of strength.]
A39。F y |7V用來描述有顯著力量時(shí)價(jià)格可以輕易上升的商品市場的術(shù)語。(w?/b@0~ F$v39。PO:VnJ[M Butterfly Spread 蝶式套利 w0j*]39。Jl*H,E [2\9u N An option strategy bining a bull and bear spread. It uses three strike prices. The lower two strike prices are used in the bull spread, and the higher strike price in the bear spread. Both puts and calls can be used.8d1f$YA/m nF2g 一種期權(quán)策略，由一手牛市套利和一手熊市套利組合而成的。它牽涉到三個(gè)定約價(jià)，兩個(gè)最低的用于牛市套利，兩個(gè)最高的用于熊市套利。買入和賣出期權(quán)都可以使用。vc ^vS 1k4O
U4ZUUb Buy To Close 買進(jìn)沖銷、買進(jìn)平倉 ad+KvSmP2{ zX)L{ d A term used by many brokerages to represent the closing of a short position in option transactions.gK4F3z(_q8yg,K 在期權(quán)交易中有許多經(jīng)紀(jì)人使用的買進(jìn)來平倉。%a3}4F:L/K|6`J[!p *{5o _l+p w y zU(`^Buy To Open 買入建倉 wU8ACamp。P pD8Z6Hv A term used by many brokerages to represent the opening of a long position in option transactions.s+fIH6jy d*E%FW 在期權(quán)交易中有許多經(jīng)紀(jì)人使用的用買進(jìn)來建倉。 映心潭 2009219 10:18C%h8M4} Xd 6?|A,El Call 買入期權(quán) ,o?*@J8{
?9bF u An option to buy a modity, security or futures contract at a specified price any time between now and the expiration date of the option contract.nX/U
]nn 一種期權(quán)合約，它給持有者以權(quán)利，在一固定的時(shí)間內(nèi)，按一特定的價(jià)格買進(jìn)其原生證券。 又見 看漲期權(quán) .!YP/}DUQf39。Q $f。L5n:q_ o1xZCall breakeven 買入 期權(quán)平衡點(diǎn) BhE4N39。eSee breakeven. \B0]{|X R^m見“平衡點(diǎn)” +pWp39。m?Bh?1M 0v0f(\X1` g Call option 買進(jìn)期權(quán) a xZnT。D0OAn option contract which gives the buyer the right, but not the obligation, to purchase a specific futures contract at a fixed price (strike price) within a specified period of time as designated by the Exchange in its contract sp