S.E.C Induced Distortion in Stock Prices

MTA Journal, Vol. 20, pp. 23-27, February 1985

5 Pages Posted: 9 Jun 2011 Last revised: 5 Nov 2013

See all articles by John C. Edmunds

John C. Edmunds

Babson College

Harlan D. Platt

Northeastern University - Finance and Insurance Area

Marjorie Platt

Northeastern University - Accounting Group

Date Written: February 1, 1985

Abstract

Evidence that option trading can influence the prices of the underlying common stocks is discussed. This research was conducted in the time frame 1981-1982 and that was before there were many articles about deviations from efficient-market pricing. Stock prices were believed to fluctuate without influence from trading of listed options on U.S. common stocks

Keywords: stock price fluctuations, options on common stocks, anomalies, exceptions to the efficient market hypothesis

JEL Classification: G12,G13

Suggested Citation

Edmunds, John C. and Platt, Harlan D. and Platt, Marjorie, S.E.C Induced Distortion in Stock Prices (February 1, 1985). MTA Journal, Vol. 20, pp. 23-27, February 1985, Available at SSRN: https://ssrn.com/abstract=1860318

John C. Edmunds (Contact Author)

Babson College ( email )

Babson Park, MA 02457-0310
United States

Harlan D. Platt

Northeastern University - Finance and Insurance Area ( email )

Boston, MA 02115
United States
617-373-4740 (Phone)
617-373-8798 (Fax)

Marjorie Platt

Northeastern University - Accounting Group ( email )

360 Huntington Ave.
Boston, MA 02115
United States

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