Comments on: The Citigroup Repo

By: Citigroup and Efficient Markets

Citigroup and Efficient Markets — Tue, 21 Jul 2009 16:36:31 +0000

[...] Citigroup pricing anomaly may be in its final days (earlier posts here and [...]

By: Citigroup & Efficient Markets « Donald Marron

Citigroup & Efficient Markets « Donald Marron — Tue, 21 Jul 2009 16:02:09 +0000

[...] 21, 2009 by Donald Marron The Citigroup pricing anomaly may be in its final days (earlier posts here and [...]

By: Donald Marron

Donald Marron — Mon, 13 Jul 2009 22:07:54 +0000

I don’t think having European call options would eliminate the problem which is ultimately a flaw in the market for common stock. But European options would be free of the threat of early exercise and, as a result, their prices could convey more more information about what the market really expects the common share price to do.

By: chappy

chappy — Mon, 13 Jul 2009 18:36:42 +0000

You mentioned in an earlier post that part of the problem was that the options are American-style call options. Do you think this potential term repurchase is just a way to mimic a European-style option? Do you think the pricing discrepency would disappear if we just used European call options?

By: TARP Warrants: Auctions and the Oversight Panel

TARP Warrants: Auctions and the Oversight Panel — Fri, 10 Jul 2009 19:34:10 +0000

[...] of Citigroup preferred and short some call options on the common as part of my research on the Citigroup anomaly. Share: yahooBuzzArticleHeadline = "TARP Warrants: Auctions and the Oversight [...]

By: TARP Warrants: Auctions and the Oversight Panel « Donald Marron

TARP Warrants: Auctions and the Oversight Panel « Donald Marron — Fri, 10 Jul 2009 16:29:28 +0000

[...] amount of Citigroup preferred and short some call options on the common as part of my research on the Citigroup anomaly. Possibly related posts: (automatically generated)Auction the Warrants: Follow-UpTreasury giving [...]