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Model for Constructing an Options Portfolio with a Certain Payoff\n Function

2017/07/07 by Margarita E. Fatyanova, Fatyanova, Margarita E., Mikhail Semenov +2
Decision Sciences · Economics, Econometrics and Finance · Engineering · #Capital Investment and Risk Analysis #FOS: Economics and business #Portfolio Management (q-fin.PM) #Pricing of Securities (q-fin.PR) #Reservoir Engineering and Simulation Methods #Risk Management (q-fin.RM) #Risk and Portfolio Optimization #Stochastic processes and financial applications

paper · pdf · doi:10.48550/arxiv.1707.02087

openalex publication_date 2017/07/07 · openalex created_date 2022/10/05 · openalex updated_date 2026/07/28

Abstract

The portfolio optimization problem is a basic problem of financial analysis.\nIn the study, an optimization model for constructing an options portfolio with\na certain payoff function has been proposed. The model is formulated as an\ninteger linear programming problem and includes an objective payoff function\nand a system of constraints. In order to demonstrate the performance of the\nproposed model, we have constructed the portfolio on the European call and put\noptions of Taiwan Futures Exchange. The optimum solution was obtained using the\nMATLAB software. Our approach is quite general and has the potential to design\noptions portfolios on financial markets.\n

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