How Many Puts to Hedge a Portfolio: Formula
How many puts to hedge a portfolio? The contract formula worked through at the same index level for SPX, XSP and SPY, with rounding and cost in dollars.
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How many puts to hedge a portfolio? The contract formula worked through at the same index level for SPX, XSP and SPY, with rounding and cost in dollars.
Implied volatility vs beta: one is the option market's forward estimate of total movement, the other a backward slope against an index. Ten names, measured.