How do I match options with expiration date closest to earnings announcement date (during or as close as possible to earning announcement date after) with the relevant earnings announcement date? In the data example below I already matched expiration date (exdate) to be after the earnings announcement date (anndats_act) but I dont know how to make sure expiration date is closest to the earnings announcement date. Specifically, I want to have one value of iv_spread per estimator per forecast date (so not actual announcement date).
Code:
* Example generated by -dataex-. To install: ssc install dataex clear input long(date exdate) str8 cusip float(option_duration iv_spread) double(estimator value actual) long anndats_act 13158 13196 "03783310" 38 -.022294 51020 -.0196 -.02 13165 13158 13196 "03783310" 38 .000501 28 -.0196 -.02 13165 13158 13168 "03783310" 10 -.188772 142 -.02 -.02 13165 13158 13168 "03783310" 10 .042142 142 -.02 -.02 13165 13158 13196 "03783310" 38 -.030153 142 -.02 -.02 13165 13158 13196 "03783310" 38 -.013164 50003 -.0196 -.02 13165 13158 13168 "03783310" 10 -.076504 142 -.02 -.02 13165 13158 13168 "03783310" 10 -.173916 142 -.02 -.02 13165 13158 13168 "03783310" 10 -.115971 142 -.02 -.02 13165 13158 13168 "03783310" 10 -.021389 52135 -.0196 -.02 13165 end format %d date format %d exdate format %d anndats_act
Kind regards,
Frank
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