The effects of option listing on the underlying stocks' return processes

A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices

1973 • 2,868 citations

A Simple Implicit Measure of the Effective Bid‐Ask Spread in an Efficient Market

1984 • 2,564 citations

The Relation Between Price Changes and Trading Volume: A Survey

1987 • 2,469 citations

Stock return variances

1986 • 1,878 citations

Constraints on short-selling and asset price adjustment to private information

1987 • 1,865 citations

THE SUPPLY OF DEALER SERVICES IN SECURITIES MARKETS

1978 • 1,374 citations

Trading Mechanisms and Stock Returns: An Empirical Investigation

1987 • 780 citations

THE PRICING OF SECURITY DEALER SERVICES: AN EMPIRICAL STUDY OF NASDAQ STOCKS

1978 • 648 citations

A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market

1984 • 615 citations

Determinants of bid-asked spreads in the over-the-counter market

1974 • 590 citations

Noise

1986 • 499 citations

Informational Externalities and Welfare-Reducing Speculation

1987 • 449 citations

The Economics of Liquidity Services

1972 • 440 citations

The Price Effect of Option Introduction

1989 • 337 citations

Options markets and stock return volatility

1989 • 289 citations

Overreactions in the Options Market

1989 • 271 citations

Volatility increases subsequent to stock splits: An empirical aberration

1985 • 267 citations

The Supply of Dealer Services in Securities Markets

1978 • 261 citations

A General Equilibrium Analysis of Option and Stock Market Interactions

1991 • 228 citations

Trading Mechanisms and Stock Returns: An Empirical Investigation

1987 • 193 citations

The Interrelation of Stock and Options Market Trading‐Volume Data

1988 • 191 citations

Robust Large-Sample Tests for Homogeneity of Variances

1973 • 160 citations

Options Trading and the Bid-Ask Spread of the Underlying Stocks

1992 • 124 citations

An Empirical Reexamination of the Impact of CBOE Option Initiation on the Volatility and Trading Volume of the Underlying Equities: 1973–1986

1989 • 96 citations

Potential Competition And Actual Competition In Equity Options

1987 • 76 citations

The Price Effect of Option Introduction

1989 • 75 citations

The Interrelation of Stock and Options Market Trading-Volume Data

1988 • 72 citations

The impact of options on the underlying securities

1980 • 64 citations

Economic Events, Information Structure, and the Return-Generating Process

1985 • 49 citations

The Impact of Listed Options on the Underlying Shares

1979 • 42 citations

INFORMATION ASYMMETRY AND OPTIONS TRADING

1988 • 39 citations

Robust Large-Sample Tests for Homogeneity of Variances

1973 • 34 citations

Potential Competition and Actual Competition in Equity Options

1987 • 17 citations

Option Listing And Stock Returns

1989 • 4 citations