3 ms·
99% of people who make consistent money trading options have little to no view of the price of the underlying.
by whatok 8y ago
99% of people who make consistent money trading options have little to no view of the price of the underlying.
- throwawaymath 8y agoIt's a serious pet peeve of mine when people use arbitrary statistics instead of just saying "most" or "almost all." What's the point of quantifying something if it's made up? That said...yes, most profitable options trading (especially on intraday time resolutions) is focused on volatility and pricing inefficiency, not forecasting the directional movement of the underlying price.