|
PureBytes Links
Trading Reference Links
|
<x-html>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>Michael,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>I just wanted to say thank you for your reply
concerning ODDS. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Respectfully</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Rick</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<BLOCKQUOTE dir=ltr
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:MikeSuesserott@xxxxxxxxxxx";
title=MikeSuesserott@xxxxxxxxxxx>Michael Suesserott</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, August 10, 2000 12:30
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> AW: Don Fishback</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=314025918-10082000><FONT color=#000080
face="Courier New"><STRONG>Rick,</STRONG></FONT></SPAN></DIV>
<DIV><SPAN class=314025918-10082000><FONT color=#000080
face="Courier New"><STRONG></STRONG></FONT></SPAN> </DIV>
<DIV><SPAN class=314025918-10082000><FONT color=#000080
face="Courier New"><STRONG>originally ODDS was an option selling method,
wherein Don would translate a winning percentage such as 90% into a
corresponding number of standard deviations. He used this to
determine the strike prices in a particular market at which he would
sell calls and/or puts. As is typical for option sellers, he would have high
winning rates, as high as three hundreds wins and only seven losses
- many small profits with occasional big
losers.</STRONG></FONT></SPAN></DIV>
<DIV><SPAN class=314025918-10082000><FONT color=#000080
face="Courier New"><STRONG></STRONG></FONT></SPAN> </DIV>
<DIV><SPAN class=314025918-10082000><FONT color=#000080
face="Courier New"><STRONG>Later Don expanded on this to include other
limited-risk strategies such as back spreads and vertical spreads. Though his
courses are a bit pricey, I think he is one of the "good guys" in this
industry.</STRONG></FONT></SPAN></DIV>
<DIV><SPAN class=314025918-10082000><STRONG><FONT color=#000080
face="Courier New"></FONT></STRONG></SPAN> </DIV>
<DIV><SPAN class=314025918-10082000><STRONG><FONT color=#000080
face="Courier New">Kind regards,</FONT></STRONG></SPAN></DIV>
<DIV><SPAN class=314025918-10082000><STRONG><FONT color=#000080
face="Courier New"></FONT></STRONG></SPAN> </DIV>
<DIV><SPAN class=314025918-10082000><STRONG><FONT color=#000080
face="Courier New">Michael</FONT></STRONG></SPAN></DIV>
<DIV><SPAN class=314025918-10082000><STRONG><FONT color=#000080
face="Courier New"></FONT></STRONG></SPAN> </DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV align=left class=OutlookMessageHeader dir=ltr><FONT face=Tahoma
size=2>-----Ursprüngliche Nachricht-----<BR><B>Von:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>Im
Auftrag von </B>Rick Lampkin<BR><B>Gesendet:</B> Thursday, August 10, 2000
20:45<BR><B>An:</B> list<BR><B>Betreff:</B> Don
Fishback<BR><BR></FONT></DIV>
<DIV><FONT face=Arial size=2>I,m wondering if there is anybody out there
that is familiar with Don Fishback's OODS system? Any info would be
appreciated .</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Thanks Much</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial
size=2>Rick</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>
|