Case Analysis for Henan Yuguang Gold & Lead Co Ltd. of Hedging by Option
DOI:
https://doi.org/10.54691/bcpbm.v35i.3245Keywords:
Option; Hedging.Abstract
Options can be used to hedge certain risks and achieve the purpose of hedging. Due to the short time to market of zinc options, there is few relevant research at present. This paper selects the hedging case of Henan Yuguang Gold & Lead Co Ltd.’s use of zinc options to construct a bull market call option spread strategy in May 2021 and uses the case analysis method to analyze the hedging effect of Henan Yuguang Gold & Lead Co Ltd.'s use of bull market call option spread strategy. Analysis of unavoidable risks, combined with other uses of the company's cash flow to conduct research. This paper also puts forward the conclusion that enterprises need to understand hedging correctly. It has made a certain contribution to the direction of the enterprise’s hedge plan.
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