英文文献：An Investigation Of Pricing Models For Live Cattle Futures Options
英文文献作者：Pelly, Robert A.,Irwin, Scott H.,Zulauf, Carl R.
英文文献摘要：
Black's European model predicts premiums of live cattle futures options as accurately as Barone-Adesi and Whaley's American model. Implied volatility estimators generate more accurate forecasts of actual option premia than historical volatility. Bias regression results are consistent with accuracy tests. Only implied volatility-based models exhibit market timing .ability.