alternatives to premiums for variance, skewness and kurtosis risk and enhances our understanding of the pricing of risks in … swaps. Such contracts mimic quantile-based moment measures from robust statistics. An empirical study of index options …

The introduction of the accounting standards SFAS 123R and IFRS 2 forexecutive stock options has led to an important … change. As companies arenow forced to value their stock options at grant date for accounting purposes,the robustness of … value. We thereforeconclude that stock options can be reliably expensed, if the correspondingplans are properly designed.[...] …

. This estimator only uses price information from a cross-sectionof plain-vanilla options. In an out-of-sample study for US …

variances are better predictors of realized betas than betas obtained from implied skewness, and that cross … have a higher information content in periods of relatively high trading activity in options markets. …