NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes

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  • Portfolio Hedging: Futures reduce systematic risk based on portfolio beta.
  • Cross Hedging: Using related asset futures when direct futures are unavailable.
  • Trading Flexibility: Options offer diverse strategies for various market conditions.
  • Profit Potential: Strategies like straddles benefit from large price swings.
  • Loss Limitation: Protective puts cap losses while retaining upside.

NISM Equity Derivatives

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