See a list of academic papers using OptionMetrics data for volatility metrics. ... P. Van Tassel: “Relative Pricing and Risk Premia in Equity Volatility Markets” ... expected volatility and 2) a risk preference component, using Optionmetrics Ivy option ... We find evidence that uninformed traders (e.g., gamblers) may drive lottery … Option-Writing Strategies in a Low-Volatility Framework | The Journal ... Option-Writing Strategies in a Low-Volatility Framework .... both categories of low-volatility strategies is driven by the reduction in market beta whereas their ... According to the preference-for-gambling hypothesis, speculative investors can use ... Local Gambling Preferences and Corporate Innovative Success Gambling preferences are naturally relevant to innovative activity, with in- ... (2013) show that short-termism in capital markets discourages firms from pursu- .... Incorporating both option- and press-based measures of CEO overconfidence, ..... We use two proxies of firm volatility: stock return volatility and profit volatility.
Gambling Preferences, Options Markets, and Volatility ...
This study examines whether the gambling behavior of investors affects volume and volatility in financial markets. Focusing on the options market, we find that the ratio of call option volume ... Stock Options as Lotteries - BOYER - 2014 - The Journal of ... We find, consistent with recent theory, that total skewness exhibits a strong negative relationship with average option returns. Differences in average returns for option portfolios sorted on ex ante skewness range from 10% to 50% per week, even after controlling for risk. Volatility in Casino Gambling - How it Actually Looks? In financial markets, the word volatility is used as a measure of the variation of the value of an investment. In casino gambling, the word refers to the ups and downs of winning and losing. Because of the way most casino games are designed, it’s possible to be up by a lot one minute and way down the next. These bets are considered volatile. Stock Options as Lotteries - BOYER - 2014 - The Journal of ...
Market Volatility Has Gone Through the Roof. Here’s Why That ...
Volatility Traders Betting On Higher VIX Via Call Spreads. By. ... Catch more of my options trading analysis over at my site ... Is A Bull Market IN Volatility Nearing? The Difference Between Risk and Volatility - Nasdaq.com When the market is performing well and volatility is low, it’s easy to be lulled into a false sense of security. As a result, investors tend to put more risk on the table. But as Nassim Taleb ... Betting on market volatility? Here's what you need to know
The risk reduction for low volatility strategies is easily understood and has been highly desirable post the global financial crisis where risk awareness has become high. Low volatility equity strategies generally run a beta of 0.7 with respect to a cap-weighted market factor.
Research Presentations - faculty.bus.olemiss.edu Make and Take Fees in the U.S. Equity Market . Spring 2014 Semester: Friday, February 28 th. Sandra Mortal (University of Memphis) Investment and the Term Structure of Stock Returns . Friday, March 21 st. Andy Puckett (University of Tennessee) FORE! Friday, May 2 nd. Ben Blau (Utah State University) Gambling Preferences, Options Markets, and Deviations from Norms and Informed Trading | Journal of Investment managers are subject to personal and institutional norms that can constrain their investment choices. We conjecture that norm-constrained investors deviate from such norms only when they have compelling information, and we predict that deviating investments earn … Volatility Traders Betting On Higher VIX Via Call Spreads May 08, 2017 · Volatility Traders Betting On Higher VIX Via Call Spreads. By. Catch more of my options trading analysis over at my site ... Is A Bull Market IN Volatility Nearing?
Gambling Preferences, Options Markets, and Volatility by Benjamin M ...
Investment managers are subject to personal and institutional norms that can constrain their investment choices. We conjecture that norm-constrained investors deviate from such norms only when they have compelling information, and we predict that deviating investments earn …
Demand for Lotteries: the Choice Between Stocks and Options 10 Aug 2017 ... For investors with investment gambling preferences, equity options are .... gambling in the volume and volatility of the stock and option markets. Helder Palaro's homepage Schwert, W. (1989) Why does stock market volatility change over time?, Journal ... D. (2016) Gambling preference and individual equity option returns, Journal of ... Volatility and options price - ResearchGate