Typical covered call strategies collect the equity and volatility risk premiums but also embed
exposure to a naive equity reversal strategy that is uncompensated. This article presents a …

We provide detailed descriptions, including over 550 mathematical formulas, for over 150
trading strategies across a host of asset classes (and trading styles). This includes stocks …

Although the finance literature has devoted a lot of research into the development of
advanced models for improving the pricing and hedging performance, there has been much …

In this article, we analyse the impact of the introduction of options on an investment portfolio.
Our first objective is to derive closed-form formulae for the standard measures of portfolio …

The investment decisions are subjected to risk and return of the financial asset. Options
strategies help employ a suitable strategy to balance the risk-return trade-off. The study …

Purpose Student-managed investment funds typically pursue “plain vanilla” objectives. The
purpose of this paper is to demonstrate the value of adding option strategies to reduce the …

Hedging being a predominant financial concern, is considered as a robust method of
managing investment risks. Literature evinces that the covered call strategy provides …

This paper reviews the performance and profitability of different option strategy benchmark
indices provided by the CBOE. Using different performance approaches, I show that …

There is much empirical evidence for the existence of a negative volatility risk premium. We
consider how the volatility risk premium affects the returns of portfolios implementing seven …

Traditional portfolio selection models mainly obtain the optimized portfolio ratio by focusing
on the prices of financial products. However, investors' multiple preferences and risk …