{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2011:BXOA5DOLBACPHLWZVN7NFMYGDJ","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"a49eb37b80224f37c25549f1e3b44f2a4d9a29ab86cc7663729d5d8f1eb7800b","cross_cats_sorted":["math.AP"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2011-02-27T17:34:31Z","title_canon_sha256":"12d3cb11fb64ec517c57f84c4ef62e60b44f0055b5f8fc4721c3065e4000b461"},"schema_version":"1.0","source":{"id":"1102.5525","kind":"arxiv","version":1}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1102.5525","created_at":"2026-05-18T04:27:46Z"},{"alias_kind":"arxiv_version","alias_value":"1102.5525v1","created_at":"2026-05-18T04:27:46Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1102.5525","created_at":"2026-05-18T04:27:46Z"},{"alias_kind":"pith_short_12","alias_value":"BXOA5DOLBACP","created_at":"2026-05-18T12:26:24Z"},{"alias_kind":"pith_short_16","alias_value":"BXOA5DOLBACPHLWZ","created_at":"2026-05-18T12:26:24Z"},{"alias_kind":"pith_short_8","alias_value":"BXOA5DOL","created_at":"2026-05-18T12:26:24Z"}],"graph_snapshots":[{"event_id":"sha256:59e57b675310d774725ef2fda4497ed45cdbe98315bea0a8697fd1ce9732eaa4","target":"graph","created_at":"2026-05-18T04:27:46Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"We present an explicit hedging strategy, which enables to prove arbitrageness of market incorporating at least two assets depending on the same random factor. The implied Black-Scholes volatility, computed taking into account the form of the graph of the option price, related to our strategy, demonstrates the \"skewness\" inherent to the observational data.","authors_text":"Mikhail Martynov, Olga Rozanova","cross_cats":["math.AP"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2011-02-27T17:34:31Z","title":"Arbitrage hedging strategy and one more explanation of the volatility smile"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1102.5525","kind":"arxiv","version":1},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:b8d8b17d137d79c8d7a30c536ae962b29b2d2f84ac112fff68925ebd1fd1c804","target":"record","created_at":"2026-05-18T04:27:46Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"a49eb37b80224f37c25549f1e3b44f2a4d9a29ab86cc7663729d5d8f1eb7800b","cross_cats_sorted":["math.AP"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2011-02-27T17:34:31Z","title_canon_sha256":"12d3cb11fb64ec517c57f84c4ef62e60b44f0055b5f8fc4721c3065e4000b461"},"schema_version":"1.0","source":{"id":"1102.5525","kind":"arxiv","version":1}},"canonical_sha256":"0ddc0e8dcb0804f3aed9ab7ed2b3061a5473882bcaabd35668c8c138bcda9e19","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"0ddc0e8dcb0804f3aed9ab7ed2b3061a5473882bcaabd35668c8c138bcda9e19","first_computed_at":"2026-05-18T04:27:46.692450Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T04:27:46.692450Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"jlIBM20KKiB7InQ5hYMcNKhAzc2tDqADMpjWFEOHGE1teSMeaQloO4min7AL98uwDkJi80pG2CESMuZsspdtCQ==","signature_status":"signed_v1","signed_at":"2026-05-18T04:27:46.693082Z","signed_message":"canonical_sha256_bytes"},"source_id":"1102.5525","source_kind":"arxiv","source_version":1}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:b8d8b17d137d79c8d7a30c536ae962b29b2d2f84ac112fff68925ebd1fd1c804","sha256:59e57b675310d774725ef2fda4497ed45cdbe98315bea0a8697fd1ce9732eaa4"],"state_sha256":"bb7a2195c7c2939ceae81a2859ad65033caaba8efdffaa8936c479f12fb84577"}