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New Member
Hi
Hull has graphed the relationship between variance of the position on hedge ratio
The relation ship represents a smiley curve..
Can you advise if the position that is being refered to here...
includes only the underlying say a stock or it also includes the hedging instrument that is the futures,,,
Regards
Hull has graphed the relationship between variance of the position on hedge ratio
The relation ship represents a smiley curve..
Can you advise if the position that is being refered to here...
includes only the underlying say a stock or it also includes the hedging instrument that is the futures,,,
Regards
