Do Option Prices Inform Stock Returns?

By |2020-06-15T12:06:24-04:00June 18th, 2020|Volatility (e.g., VIX), Options, Research Insights, Larry Swedroe|

In perfectly efficient markets, option prices should not convey any new information or contribute to the price discovery of underlying assets. However, if markets are not perfectly efficient, traders with private information might prefer to [...]