You can see that the stock market has been more volatile than the earnings and the price of a share is many times higher than the earnings per share.

你可以看到,股票市场波动性大于其收益,每股价格往往是,每股收益的几倍之多

耶鲁公开课 - 金融市场课程节选

Economically identical, but their prices would fluctuate and fairly dramatically.

它们在经济意义上是相同的，但是他们的价格,会有波动，而且非常剧烈。

耶鲁公开课 - 金融市场课程节选

She is also a PhD candidate in Economics and is doing research on the behavior of options prices in a phenomenon called the "Options smile," as she's smiling at me right now.

她也在攻读经济学博士学位,目前正在研究"期权微笑",也就是,期权隐含波动率微笑现象中的价格变动趋势,她现在正对我微笑呢

耶鲁公开课 - 金融市场课程节选