This chapter surveys the methods available for extracting information from option prices that
can be used in forecasting. We consider option-implied volatilities, skewness, kurtosis, and …

The cross section of stock returns has substantial exposure to risk captured by higher moments
of market returns. We estimate these moments from daily Standard & Poor's 500 index …

Equity risk measured by beta is of great interest to both academics and practitioners. Existing
estimates of beta use historical returns. Many studies have found option-implied volatility to …

We measure uncertainty surrounding the central bank's future policy rates using implied
volatility computed from interest rate option prices and realized volatility computed from intraday …

Credit intermediation that takes place at least partly outside the traditional banking system is
commonly referred to as shadow banking. 1 This sector provides diverse sources of funding …

There is a close link between prices of equity options and the default probability of a firm.
We show that in the presence of positive expected equity recovery, standard methods that …

Uncertainty surrounding the Bank of Canada’s future policy rates is measured using implied
volatility computed from interest rate options and realized volatility computed from intraday …

There are a variety of methodologies to forecast future technology, economy, and society.
Technology roadmap (TRM) is one of the easily implementable methods of technology …

Using option implied moments of the S&P 500 index estimated by the methodology in
Bakshi, Kapadia, and Madan (2003), and all stocks on the NYSE, AMEX, and the NASDAQ …

Licochalcone A (LCA) is a chalcone that is predominantly found in the root of Glycyrrhiza
species, which is widely used as an herbal medicine. Although previous studies have reported …