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Derivatives and Perpetuals·Lesson 25 of 31·22 min

Hedging and Directional Strategies

This lesson is for enrolled learners

The concept This lesson combines the module's instruments into coherent strategies rather than studying them in isolation. The central technique is hedging: taking an offsetting position so that gains and losses on one leg cancel gains and losses on another, isolating the specific exposure you actually want (or eliminating exposure you don't). The clearest example is a delta-neutral hedge: if……

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