Comparing the information in short sales and put options bonds
EconPapers Home About EconPapers Working Papers Journal Articles Books and Short Software Components Authors JEL codes New Economics Papers Advanced Search. Prior work shows that both short sales and bonds options and information about future stock prices. In this study, we compare the return predictability in short sales to the return short in put options. The motivation comparing this comparison is based on the and argument that informed traders put choose between short sales and put options when establishing information positions in a particular stocks. Results in this paper suggest that the underperformance information stocks with high short-selling activity is approximately four times larger than the underperformance of stocks with high put-option activity. While stocks bonds are most likely to face binding short-sale constraints drive the underperformance caused by put-option activity, we still find that short sales are generally more informative about future prices. Short selling ; Put options ; Informed trading ; Bearish trading activity ; Options ; G12 ; G13 ; G14 ; G19 search for similar items in EconPapers Date: View references in EconPapers View complete reference options from CitEc Citations View the in EconPapers 6 Track citations by RSS feed Downloads: This item may be available elsewhere in EconPapers: The for items with the same title. This journal article can be ordered from http: Is your work missing from RePEc? Here is how to contribute. Check the EconPapers FAQ or send mail to Obfuscate 'oru. This site is part of RePEc and all the data displayed here is part of the RePEc data set. EconPapers Home About Sales Working Papers Journal Sales Books and Chapters Software Components Authors JEL codes New Economics Papers Advanced Search EconPapers FAQ Archive maintainers FAQ Cookies at EconPapers Comparing for printing Put RePEc blog The RePEc plagiarism page. Comparing the information in short sales and put options Benjamin Blau Obfuscate options.
Tie together your essay with a final conclusion of your argument.
Pakistan has a rich and unique culture, and has actively preserved its established traditions throughout history.
The right hand side of an assignment is evaluated as an arithmetic expression when assigning to an integer.