PT - JOURNAL ARTICLE AU - Scott Larison TI - Transaction Cost Analysis and Liquidity Discovery with Equity Options DP - 2008 Sep 21 TA - Trading PG - 39--43 VI - 2008 IP - 1 4099 - http://guides.pm-research.com/content/2008/1/39.short 4100 - http://guides.pm-research.com/content/2008/1/39.full AB - The options industry has experienced dramatic changes recently in regards to market structure, surging volumes, and active-extension programs. The evolution of this asset class and how it has closely mirrored the underlying equity markets transformation since the implementation of decimal quoting is discussed. This article addresses the challenges and needs of Asset Managers when searching for liquidity and executing Block Option trades.