Keywords: Option pricing models
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2026) 34 (1): 2–22.
Published: 22 December 2025
...Sol Kim This study investigates the optimal option pricing model for the KOSPI 200 options market, where market conditions and investor composition have evolved markedly. We compare the pricing and hedging performances of the Black–Scholes (1973) model (BS), ad hoc Black–Scholes (AHBS) models...

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