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droex@xxxxxxxxxxxx writes:
>Just so you know 30% of options expire worthless and over 60% of option
> traders, when asked, consider themselves successful. Your post just
> repeats some common pieces of misinformation. >>
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Two points:
1). Equity options In-The-Money would likely be exercised and therefore
not expire at all. Therefore, it is meaningless to say that XX% expire
worthlesss. Of course they expired worthless, if they were ITM they'd have
been exercised and would not have expired.
2). It could well be that 60% of the people who traded a particular
option that expired worthless actually made money; maybe only the last
trader of the option took gas on the trade.
Dick
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