Do the Introduction and Trading of Stock Options Reduce the Idiosyncratic Risk of Underlying Stocks?
碩士 === 國立高雄科技大學 === 金融系 === 107 === We find that the Idiosyncratic Return Volatility (IV) of the underlying stock declines significantly after its stock option is listed. Furthermore, we find evidences to support that stock option listing reduce the IV of underlying stock by enhancing information ef...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2019
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/qj6jw8 |