Out of the money or striking it rich? Evidence on the risk-adjusted return performance of options-based equity funds versus the S&P 500 and other benchmark …
This article examines the risk–return characteristics of 29 options-based equity funds, their
self-specified S&P 500 total return benchmark index, and a suite of alternative options …
self-specified S&P 500 total return benchmark index, and a suite of alternative options …