ResearchBenchmarksOption Hedging on SPY K/F=1.03 2025Q2Follow14.535ES 5%SV14.5118414.6681714.824514.98083Feb 1, 2026Evaluation ResultsMethodMethodLinksES 5%ES 10%Shortfall ProbabilitySVtau=14, n_days=62tau=14, n_days=622026.0214.535——JDMaturity (τ)=28d, Equa...Maturity (τ)=28d, Equal-day weighting=true, n_days=622026.0215.11412.207—BStau=14, n_days=62tau=14, n_days=622026.02—12.2—RLOPtau=14, n_days=62tau=14, n_days=622026.02——60RLOPMaturity (τ)=28d, Equa...Maturity (τ)=28d, Equal-day weighting=true, n_days=622026.02——0.55