英文标题：
《Financial option insurance》
---
作者：
Qi-Wen Wang, Jian-Jun Shu
---
最新提交年份：
2017
---
英文摘要：
  The option is a financial derivative, which is regularly employed in reducing the risk of its underlying securities. However, investing in option is still risky. Such risk becomes much severer for speculators who utilize option as a means of leverage to increase their potential returns. In order to mitigate risk on their positions, the rudimentary concept of financial option insurance is introduced into practice. Two starkly-dissimilar concepts of insurance and financial option are integrated into the formation of financial option insurance. The proposed financial product insures investors option premiums when misfortune befalls on them. As a trade-off, they are likely to sacrifice a limited portion of their potential profits. The loopholes of prevailing financial market are addressed and the void is filled by introducing a stable three-entity framework. Moreover, a specifically designed mathematical model is proposed. It consists of two portions: the business strategy of matching and a verification-and-modification process. The proposed model enables the option investors with calls and puts of different moneyness to be protected by the issued option insurance. Meanwhile, it minimizes the exposure of option insurers position to any potential losses.
---
中文摘要：
期权是一种金融衍生品，通常用于降低其标的证券的风险。然而，投资期权仍有风险。对于利用期权作为杠杆手段来增加潜在回报的投机者来说，这种风险变得更加严重。为了减轻其头寸的风险，金融期权保险的基本概念被引入实践。在金融期权保险的形成过程中，融合了保险和金融期权两个截然不同的概念。拟议的金融产品为投资者在不幸降临时的期权溢价提供了保障。作为一种权衡，他们可能会牺牲有限的潜在利润。通过引入一个稳定的三实体框架，解决了当前金融市场的漏洞，填补了这一空白。此外，还提出了一个专门设计的数学模型。它由两部分组成：匹配的业务策略和验证和修改过程。该模型使具有不同金额的看涨期权和看跌期权的期权投资者能够受到已发行期权保险的保护。同时，它将期权保险公司头寸对任何潜在损失的风险降至最低。
---
分类信息：

一级分类：Quantitative Finance        数量金融学
二级分类：Risk Management        风险管理
分类描述：Measurement and management of financial risks in trading, banking, insurance, corporate and other applications
衡量和管理贸易、银行、保险、企业和其他应用中的金融风险
--

---
PDF下载：
-->