Reference health

Stock Options as Lotteries

https://doi.org/10.2139/ssrn.1787365
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47/47 checkable references clean · checked 2026-08-07

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

9 without a DOI — not checked. A reference deposited without a DOI is never matched by title or guessed at; it stays outside the checked set, and this line discloses that.

The 47 checked references that resolve
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Stocks as Lotteries: The Implications of Probability Weighting for Security Prices
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Does Net Buying Pressure Affect the Shape of Implied Volatility Functions?
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Why are Put Options so Expensive?
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Expected Idiosyncratic Skewness
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The Idiosyncratic Volatility Puzzle: Time Trend or Speculative Episodes?
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Understanding Index Option Returns
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Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns
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On Diversification Given Asymmetry in Returns
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The Price of Correlation Risk: Evidence from Equity Options
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The Price of Market Volatility Risk
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Demand-Based Option Pricing
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Cross-section of option returns and volatility☆
resolves10.1016/0304-405x(93)90023-5
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Conditional Skewness in Asset Pricing Tests
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A Nonlinear Factor Analysis of S&P 500 Index Option Returns
resolves10.1016/s0304-4076(03)00107-6
The dynamics of stochastic volatility: evidence from underlying and options markets
resolves10.2307/1914185
Prospect Theory: An Analysis of Decision under Risk
resolves10.2139/ssrn.970120
The Next Microsoft? Skewness, Idiosyncratic Volatility, and Expected Returns
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Skewness Preference and the Valuation of Risk Assets
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Equilibrium Underdiversification and the Preference for Skewness
resolves10.2307/1913610
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
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Stock Option Returns: A Puzzle
resolves10.1016/s0304-405x(01)00088-5
The jump-risk premia implicit in options: evidence from an integrated time-series study
resolves10.2139/ssrn.2189482
Probability Weighting Functions Implied in Options Prices
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Failure to exercise call options: An anomaly and a trading game
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The Fundamental Theorem of Parameter-Preference Security Valuation
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On The Direction of Preference for Moments of Higher Order Than The Variance
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What Does the Individual Option Volatility Smirk Tell Us About Future Equity Returns?
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