Muñoz Molina, Clara EugeniaRuiz Baquero, Joharleis Esther2019-09-252019-09-252019-08-16https://repositorio.unicordoba.edu.co/handle/ucordoba/1720Exchanges between countries and the growing need for basic products for production have evolved in relation to the way in which they have been doing since they have knowledge about this type of contracts, currently they present a strict regulation and standardized that allow the participation of investors reducing the risk of default and giving rise to the emergence of new investment strategies for companies and the creation of new underlying alternatives of negotiation such as financial derivatives of options The importance of the financial derivatives of options for trading in international markets is a way in which rights are established for buyers and sellers on the future production of goods necessary for the domestic production of nations. The trading systems currently created facilitate transactions and capital flows thanks to the regulation established by each of the countries creating the procedures and entities authorized to carry out operations with financial derivatives of options as well as the strengthening of a connected financial system with other markets. Know the form that each one of the stock exchanges establishes about the financial derivatives of options to create investment strategies that favor both the buyers who insure the product as well as for the sellers that have greater certainty of the price and price quote. possible purchase of your product in the future.Resumen ......................................................................................................................................... 7Abstract ........................................................................................................................................ 10Introducción ................................................................................................................................ 111 Objetivos ............................................................................................................................... 131.1 Objetivo General. ......................................................................................................... 131.2 Objetivos Específicos.................................................................................................... 132 Capítulo I: Derivados Financieros de Opciones y su Funcionamiento. .......................... 141.3 Quien compra la opción ............................................................................................... 151.4 Quien emite la opción ................................................................................................... 151.4.1 Nemotécnico........................................................................................................... 151.4.2 Posición 1 a 3. ........................................................................................................ 161.4.3 Posición 4. .............................................................................................................. 161.4.4 Posición 5. .............................................................................................................. 171.4.5 Posición 6 y 7. ........................................................................................................ 171.4.6 Posición 8. .............................................................................................................. 171.4.7 Posición 9. .............................................................................................................. 171.4.8 Posición 10, 11, 12, 13 y 14. .................................................................................. 171.4.9 Posición 15 y 16. .................................................................................................... 181.4.10 Horarios de negociación ....................................................................................... 182 Capítulo II: Principales Activos Subyacente Sobre Los Cuales Se Establecen Los Contratos ECOPETROL, PFBCOLM Y PFAVAL. ............................................................... 192.1 Los Cargos Y Tarifas De Las Operaciones De Los Afiliados. .................................. 202.1.1 Cargo fijo de mantenimiento. .............................................................................. 202.1.2 Tarifas Mensuales De Contrato De Opciones Con Subyacente Renta Variable.…………….202.1.3 Tarifas Mensuales De Contrato De Opciones Con Subyacente Tasa De Cambio...................................203 Capítulo III: Evidenciar la Inversión en Derivados Financieros de Opciones con relación a la Posición Tendencial del Activo Subyacente ........................................................ 233.1 In The Money. ............................................................................................................... 233.1.1 Call in the money .................................................................................................. 233.1.2 Put in the money. ................................................................................................... 233.2 At The Money. .............................................................................................................. 243.2.1 Call at the money. ................................................................................................. 243.2.2 Put at the money. ................................................................................................... 243.3 Out of the money. ......................................................................................................... 243.3.1 Call out of the money. ........................................................................................... 243.3.2 Put out of the money ............................................................................................. 243.4 Activo Subyacente Contrato De Opciones Sobre Acciones Pertenecientes Al Índice COLCAP ............................................. 243.5 Datos Históricos Del Precio De Cotización De La Acción De Ecopetrol. ................ 253.6 Condiciones Del Contrato De Opciones De Ecopetrol .............................................. 333.7 Datos Históricos Del Precio De Cotización De La Acción De Bancolombia ........... 343.8 Condiciones Del Contrato De Opciones De Bancolombia. ....................................... 433.9 Datos Históricos Del Precio De Cotización De La Acción Del Grupo Aval ............ 443.10 Condiciones Del Contrato De Opciones De Bancolombia. ....................................... 524 Referencias bibliográficas ................................................................................................... 53application/pdfspaCopyright Universidad de Córdoba, 2019ECOPETROLPFBCOLMPFAVALANÁLISISDERIVADOSFINANCIEROSTrabajo de grado - Pregradoinfo:eu-repo/semantics/restrictedAccessAtribución 4.0 Internacional (CC BY 4.0)ECOPETROLPFBCOLMPFAVALANALYSISDERIVATIVESFINANCIAL