Re:Introducing Multi-Leg Options Strategies
by whatok on Wednesday June 13, 2018 @12:05PM
(#17304338)
99% of people who make consistent money trading options have little to no view of the price of the underlying.
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Re:Introducing Multi-Leg Options Strategies
by throwawaymath on Wednesday June 13, 2018 @02:02PM
(#17305547)
It'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.