Speculation or Insider Trading: Informed Trading in Options Markets Preceding Tender Offer Announcements

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.1K citations

Option Pricing, Liability (Financial Accounting), Asset Pricing +11

Using daily stock returns

Stephen J. Brown, Jerold B. Warner · Journal of Financial Economics · 1985 · 6.5K citations

Asset Pricing, Market Trend, Business +4

Theory of Financial Decision Making.

Eduardo S. Schwartz, Jonathan E. Ingersoll · The Journal of Finance · 1988 · 1.9K citations

Behavioral Decision Making, Portfolio Management, Individual Decision Making +18

Special Information and Insider Trading

Jeffrey F. Jaffe · The Journal of Business · 1974 · 1.3K citations

Market Microstructure, Financial Economics, Market Manipulation +13

Option Volume and Stock Prices: Evidence on Where Informed Traders Trade

David Easley, Maureen O’Hara, P. S. Srinivas · The Journal of Finance · 1998 · 1.2K citations

Informational Role, Transactions Volume, Market Microstructure +16