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Liu, Marshall writes:
> I believe the ODDS system, assumes stock/option price behavior is in
> statistical terms normally distributed.
You are correct; it assumes a normal distribution and then uses very
(statistically speaking, anyway) basic and well known formulas to
determine the percentage chance of a security reaching (or not) a
given price.
Or conversely, given a percentage, what price will a security reach
with that percentage chance of certainty.
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