saturn44 · 2022年05月06日
请问老师，以下题目，我这样回答可以吗？
A volatility-based strategy for Konev would typically be net short, as opposed to net long, volatility to earn the related risk premium for absorbing volatility risk.
The concept of foreign exchange as an asset class for Konev will most likely permit Murimi to take foreign exchange exposure in any currency pair where there is additional value to capture.
Hertz_品职助教 · 2022年05月07日
嗨，从没放弃的小努力你好：
同学你好
我看了同学的回答，感觉描述的不是很清楚，也没有抓住要点。我在下面梳理一下作答要点，同学可以看一下
第一句：Institutional clients would be hedgers，they run option positions that are net long volatility because they are buying protection from the unanticipated price volatility.
第二句：For Konev，a volatility-based strategy would typically be net short volatility to earn the related risk premium for absorbing volatility risk.
第三句：Because most options expire out of the money and the option writer then gets to keep the premium without delivery of the underlying currency pair. Ideally these traders would want to flip their position and be long volatility ahead of the volatility spikes, but these episodes can be notoriously difficult to time。
----------------------------------------------加油吧，让我们一起遇见更好的自己！
