利用期权规避汇率风险的策略研究

The Strategy Study of Using Options to Avoid Exchange Rate Risk

随着经济贸易的全球化,外汇市场所带来的金融风险不断增强,其中汇率的异常波动是主要的风险来源,合理规避汇率风险势在必行。作为一类重要的金融衍生产品,外汇期权用来规避由汇率波动带来的风险,效果显著。本文首先引入外汇期权,并结合美元/人民币的外汇市场行情对外汇期权进行定价,然后通过具体的案例分析了期权用来规避汇率风险的策略。

With the globalization of economy and trade,the financial risks are increasing in the foreign exchange market,among which the abnormal fluctuation of exchange rate is the main source of the risk.It is more imperative to avoid exchange rate risk reasonably.As an important and effective financial derivatives,foreign exchange option is used to avoid the risks caused by the exchange rate fluctuation.This paper introduces the foreign exchange option and gives the option value of the foreign exchange rate of USD/RMB.And then,it analyzes the strategies of the option to avoid exchange rate risk through specific cases.