对冲期权

指期权的持有者选择放弃执行或对冲期权合约的行为。

The act of an option holder in electing not to exercise or offset an option .

针对基本资产不可交易问题，本文采用e-套利定价原理，运用随机动态规划方法，在离散和连续情况下得到对冲实物期权风险的最优策略，并在此基础上得到实物期权的近似定价。

As for the issues of non-traded assets , applying the approach of stochastic dynamic programming , and under the principle of No-Arbitrage , we obtain optimal strategy to hedge the real option in discrete and continuous conditions .

一名业界顾问说，过去一周左右，对冲基金和期权交易商大大提高了他们对发展中国家的赌注。

In the past week or so , hedge funds and options traders have dramatically increased their bets against developing countries , says an industry consultant .

然后考虑到泊阿松跳过程带来的风险，又采用最小方差对冲策略将风险重新对冲，得到了期权定价方程。

Then , considering the risk bringed by Poisson jumps , the option pricing equation is gotten by minimal-variance hedging strategy .