We rely on high frequency data to explore the joint dynamics of underlying and option markets. In particular, high frequency data make observable the realized variance process of the underlying, so its effects on option price dynamics are tested. Empirical results are confronted with the...

Based on theory of “Smile Curveâ€, this paper analyzes industrial composition and current development situation of Xinjiang forestry and fruit industry. The “Smile Curve†theory indicates that research development and marketing sections have advantages of high added value,...

We rely on high frequency data to explore the joint dynamics of underlying and option markets. In particular, high frequency data make observable the realized variance process of the underlying, so its effects on option price dynamics are tested. Empirical results are confronted with the...