如何用期权对冲能源期货——你如何选择行权价?
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我还在学习商品对冲的基础知识,尤其是在能源领域。当你使用期权对冲期货头寸时,你选择行权价的典型思路是什么?你是为了达到Delta中性,还是更侧重于限制最坏情况?
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由原文自动翻译 · 阅读原文 (English)
我还在学习商品对冲的基础知识,尤其是在能源领域。当你使用期权对冲期货头寸时,你选择行权价的典型思路是什么?你是为了达到Delta中性,还是更侧重于限制最坏情况?
For me, it really depends on the market outlook and my risk tolerance at the time. If I'm more concerned about a steep downturn, I'll lean towards strikes that offer better protection even if the premium is a bit higher. But for general hedging, I often look at strikes that are slightly out-of-the-money to balance cost and coverage.
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