Yang Liu was born in 1994. He received the graduation degree from the Shandong University of Science and Technology, Qingdao, China, in 2019. Currently, he is doing his Doctor's degree in the College of Economics and Management, Northeast Agricultural University, Harbin, China. His research interests include financial engineering, rural finance and agricultural economic management.
This paper analyzes the relationship between option risk and expected return from the perspective of the underlying beta, and estimates the degree of correlation.