[Retracted] Relationship between Investor Sentiment and Price Fluctuation of SSE 50ETF Options

Table 9

Variance decomposition results of the VAR model for 50ETF C. Dec. 3.00 contract.

Variance decomposition of ET:				Variance decomposition of PT:
Period	S.E.	ET	PT	Period	S.E.	ET	PT
1	0.014285	99.82165	0.198353	1	25587.67	0.000000	100.0000
2	0.020697	99.61725	0.382754	2	33121.21	1.734401	98.26560
3	0.025136	99.33774	0.662258	3	39161.99	2.436810	97.56319
4	0.028471	99.02586	0.974137	4	43961.46	2.965895	97.03410
5	0.031109	98.68700	1.313004	5	47977.84	3.388071	96.61193
6	0.033260	98.31996	1.680039	6	51411.69	3.754681	96.24532
7	0.035260	97.92806	2.071938	7	54396.57	4.085123	95.91488
8	0.036570	97.51510	2.484895	8	57021.53	4.389816	95.61018
9	0.037870	97.08515	2.914845	9	59350.60	4.674420	95.32558
10	0.038995	96.64221	3.357788	10	61431.58	4.942313	95.05769