Cakici, Nusret; Goswami, Gautam; Tan, Sinan - In: Journal of risk and financial management : JRFM 11 (2018) 2, pp. 1-31
in the US. This paper provides an empirical analysis of the options market around the ban period. Using transaction level … data from OPRA (The Options Price Reporting Authority), we study the options volume, spreads, pricing measures and option … significant, economic magnitudes of our results suggest that the impact of the ban on the equity options market was likely not as …