id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-1905	Ou, Hongjing	Applying Option Portfolio Strategy to Manage Crude Oil Trade Risk: -- Response to Rising Oil Price Under Russia-Ukraine Situation	2022	4	.pdf	application/pdf	2481	124	64	At present, there are few researches on crude oil option, which is another important option. Research Approach Analyze the hedging process using options from a short crude oil spot perspective, calculate the optimal ratio for hedging crude oil futures using the OLS model, and calculate the delta value using binomial tree simulations, obtain the hedging effect of using crude oil options using the hedging method of maintaining a delta-neutral strategy, and evaluate the delta-neutral strategy in conjunction with the hedging process and results.	cache/fbem-1905.pdf	txt/fbem-1905.txt