Shuangshuang · 2021年01月17日
问题如下：
Consider the situation where the cost of an asset to be purchased in the future is being hedged. What is the impact of a positive basis when the hedge is closed out?
解释：
The cost of the asset is the initial futures price plus the basis. A positive basis therefore worsens the hedger’s situation.
这道题是一个long future用的short hedge ，strengthen basis会导致short hedge 亏钱的意思么？NO.PZ2020012001000024问题如下Consir the situation where the cost of asset to purchasein the future is being hee Whis the impaof a positive basis when the hee is closeout?The cost of the asset is the initifutures priplus the basis. A positive basis therefore worsens the heer’s situation.老师好，有两个地方不太明白1、第一条红线不明白，题目说的是未来买现货，也就是现货借来卖，未来买回，怕价格上涨，所以是short spot ，long futures。然后colse out 时，short futures，收到卖出的期货现金流（Ft-F0）明白，但是不明白为什么买现货？2，这道题并不是说的是stettlement（到期交割/结算），而是close out，也就是期货未到期前做反向头寸中止期货。回答中的好多处表述是“到期日”这样说对吗？
NO.PZ2020012001000024 问题如下 Consir the situation where the cost of asset to purchasein the future is being hee Whis the impaof a positive basis when the hee is closeout? The cost of the asset is the initifutures priplus the basis. A positive basis therefore worsens the heer’s situation. 老师，是要对冲cost of asset to purchasein the future吗？在未来买这个asset 是用未来时点的现货价格买还是在现在时点用期货买？整个题干就没看明白，麻烦老师详细讲解下整道题，谢谢！
NO.PZ2020012001000024问题如下Consir the situation where the cost of asset to purchasein the future is being hee Whis the impaof a positive basis when the hee is closeout? The cost of the asset is the initifutures priplus the basis. A positive basis therefore worsens the heer’s situation.long方成本总是=X-基差，基差越大成本越低
NO.PZ2020012001000024 his the impaof a positive basis when the hee is closeout? basis是正的的影响？
