– 1 – Hedging American Put Options with Deep Reinforcement Learning Reilly Pickard 1 * , Finn Wredenhagen 2 , Julio DeJesus 2 , Mario Schlener 2 , Yuri Lawryshyn 3 April 2024 1 Department of Mechanical and Industrial Engineering, University of Toronto, Toronto, ON M5S 3G8, Canada 2 Ernst & Young LLP, Toronto, ON, M5H 0B3, Canada 3 Department of Chemical Engineering and Applied Chemistry, University of Toronto, Toronto, ON M5S 3E5, Canada * Correspondence: reilly.pickard@mail.utoronto.ca