| dc.contributor | 財管系 | |
| dc.creator (作者) | 周冠男 | |
| dc.creator (作者) | Chou, Robin K. | |
| dc.creator (作者) | Chen, Yi-Wen | |
| dc.creator (作者) | 陳聖賢 | |
| dc.creator (作者) | Chen, Sheng-Syan | |
| dc.date (日期) | 2019-08 | |
| dc.date.accessioned | 20-Feb-2020 14:29:58 (UTC+8) | - |
| dc.date.available | 20-Feb-2020 14:29:58 (UTC+8) | - |
| dc.date.issued (上傳時間) | 20-Feb-2020 14:29:58 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/128719 | - |
| dc.description.abstract (摘要) | We examine the effects of a temporary suspension of short-sale price tests on the options market. Consistent with the notion that put option trading substitutes for short selling, we find a significant reduction in put option volume. In addition, pressure on put option prices significantly declines, violations of the put-call parity become significantly less frequent, and option volume becomes less informed. Our findings add clarity to a long-standing debate on whether investors use options to circumvent equity short-selling restrictions. | |
| dc.format.extent | 255 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Journal of Financial and Quantitative Analysis | |
| dc.title (題名) | Short-Sale Constraints and Options Trading: Evidence from Reg SHO | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1017/S002210901900053X | |
| dc.doi.uri (DOI) | https://doi.org/10.1017/S002210901900053X | |
