Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27822
Authors: 
Kluß, Norbert
Bayer, Marcus
Cremers, Heinz
Year of Publication: 
2005
Series/Report no.: 
Arbeitsberichte der Hochschule für Bankwirtschaft 62
Abstract: 
The aim of portfolio insurance strategies is to put a floor on the value of a stock portfolio by progressively selling stocks and buy safe, short-term debt securities as stock prices fall. This paper analyzes the current static and dynamic methods in use and explains their pros and cons.
Subjects: 
static and dynamic portfolio insurance strategy
stop loss strategy
protective put strategy
bond call strategy
synthetic put strategy
covered short call strategy
constant proportion portfolio insurance
JEL: 
G10
G11
G19
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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