Received: 6 February 2019   Accepted: 3 February 2020
DOI: 10.1111/mafi.12240

ORIGINAL ARTICLE


Static and semistatic hedging as contrarian or
conformist bets
Svetlana Boyarchenko1             Sergei Levendorski2
1 Department of Economics, The University of
                             Abstract
Texas at Austin, Austin, Texas
2 Calico  Science Consulting, Austin, Texas
                             In this paper, we argue that, once the costs of maintain-
                             ing the h ...