NO.PZ202411210200002503
问题如下:
A protective put strategy is most likely to satisfy Restrepo’s objective related to:选项:
A.gains. B.taxes. C.diversification.解释:
A is correct. A protective put strategy would ensure a minimum price for the shares. However, should the shares increase and the put expire worthless, it would create a taxable event. Furthermore, it would require an initial cash payment and do nothing to contribute to a more diversified portfolio.
用了hedge后,就可以diversification了啊?这个和long put要支付premium什么关系?就算是支付premium了,也可以loan proceeds进行diversification啊
另外,题目说对gain的要求是locking in significaiton portion of gain,那么支付的期权费会降低这个gain,为何还选gain?