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Edward Szado, CFA
Collaring your portfolio
AT-December 2009-2
Need a practical hedging strategy? You can dramatically lower risk without giving up an edge with a dynamic options collar position, according to this 10-year study of the Nasdaq 100 tracking stock.
Price: $4.25

Detailed Description

Collars are relatively simple strategies, but their performance can be quite sensitive to the manner in which they are structured. The following study compares the risk-adjusted performance of different collar positions on the Nasdaq 100 tracking stock (QQQQ) since March 1999. The study updates a more in-depth analysis published in the Spring 2009 issue of The Journal of Alternative Investments.
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