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Pricing theory, the volatility risk premium, option returns, and the modern 0DTE evidence.

CitationPaperAccessDifficultyScore
Brogaard et al. (2023)Does 0DTE Options Trading Increase Volatility?
SSRN Working Paper
FreeModerate0
Beckmeyer et al. (2023)Retail Traders Love 0DTE Options... But Should They?
SSRN Working Paper
FreeModerate0
Muravyev & Pearson (2020)Options Trading Costs Are Lower than You Think
Review of Financial Studies
FreeModerate0
Israelov & Nielsen (2015)Covered Calls Uncovered
Financial Analysts Journal
FreeEasy read0
Bondarenko (2014)Why Are Put Options So Expensive?
Quarterly Journal of Finance
FreeTechnical0
Cremers & Weinbaum (2010)Deviations from Put-Call Parity and Stock Return Predictability
Journal of Financial and Quantitative Analysis
PaywalledModerate0
Goyal & Saretto (2009)Cross-Section of Option Returns and Volatility
Journal of Financial Economics
PaywalledModerate0
Carr & Wu (2009)Variance Risk Premiums
Review of Financial Studies
PaywalledTechnical0
Pan & Poteshman (2006)The Information in Option Volume for Future Stock Prices
Review of Financial Studies
PaywalledModerate0
Ni et al. (2005)Stock Price Clustering on Option Expiration Dates
Journal of Financial Economics
PaywalledModerate0
Bollen & Whaley (2004)Does Net Buying Pressure Affect the Shape of Implied Volatility Functions?
Journal of Finance
PaywalledModerate0
Bakshi et al. (2003)Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options
Review of Financial Studies
PaywalledTechnical0
Bakshi & Kapadia (2003)Delta-Hedged Gains and the Negative Market Volatility Risk Premium
Review of Financial Studies
PaywalledTechnical0
Coval & Shumway (2001)Expected Option Returns
Journal of Finance
PaywalledModerate0
Black & Scholes (1973)The Pricing of Options and Corporate Liabilities
Journal of Political Economy
PaywalledTechnical0
Merton (1973)Theory of Rational Option Pricing
Bell Journal of Economics and Management Science
PaywalledTechnical0