George Philip
Active Member
Hi,
In Chapter 14: The Binomial Model , there is a section in Replicating Portfolio about Hedging and Replicating strategies but the explanation is quite ambiguous.
Would appreciate if someone could share the difference between the strategies and the conditions for a replicating strategy to be a hedging strategy. Thanks!
In Chapter 14: The Binomial Model , there is a section in Replicating Portfolio about Hedging and Replicating strategies but the explanation is quite ambiguous.
Would appreciate if someone could share the difference between the strategies and the conditions for a replicating strategy to be a hedging strategy. Thanks!