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

CitationPaperAccessDifficultyScore
Bondarenko (2014)Why Are Put Options So Expensive?
Quarterly Journal of Finance
FreeTechnical0
Carr & Wu (2009)Variance Risk Premiums
Review of Financial Studies
PaywalledTechnical0
Bakshi & Kapadia (2003)Delta-Hedged Gains and the Negative Market Volatility Risk Premium
Review of Financial Studies
PaywalledTechnical0
Bakshi et al. (2003)Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options
Review of Financial Studies
PaywalledTechnical0
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