options markets - American Finance Association 18 Jul 1977 ... equating options with gambling has resulted in extensive government regu lation .... stocks with listed options and options on active and volatile stocks that fail ...... However, it must be admitted that the preference for high-yield ... Local Gambling Preferences and Corporate Innovative Success Gambling preferences are naturally relevant to innovative activity, with in- ... ( 2013) show that short-termism in capital markets discourages firms from pursu- .... Incorporating both option- and press-based measures of CEO overconfidence, ..... We use two proxies of firm volatility: stock return volatility and profit volatility. Do Financial Markets Reward Buying or Selling Insurance and Lottery ... option-based tail risk insurance against finan- ... to earn high returns during volatile markets and thus make their portfolios more ... of low-probability events, lottery preferences, and portfolio ..... ity of casino gambling (see, e.g., Barberis 2012).

Gambling preference and individual equity option returns ...

The relationship between financial market activity and gambling has been debated ... The purchase of “options” to buy or sell a commodity or stock at a specified ..... or negative impact on the markets through increased volatility (Chung, Choe, ... of their current value), which is analogous to gamblers” preference for products ... Volatility and options price - ResearchGate Several books say that both the call and the put option get higher price when the volatility is higher. .... Gambling Preferences, Options Markets, and Volatility. Religious Beliefs, Gambling Attitudes, and Financial Market Outcomes∗ Mar 6, 2009 ... option grants to non-executives reflect the gambling preferences of ..... volatility and employee gambling preference: The religion-option value. Helder Palaro's homepage Schwert, W. (1989) Why does stock market volatility change over time?, Journal ... D. (2016) Gambling preference and individual equity option returns, Journal of ...