Back Issues Archive Traders' Glossary Novice Traders' Notebook Products Store. You would get the same answer from those who disparage market timers.
Time is the key.
Knowing your probability of success will help put you on the right side of the trade, whatever strategy you employ. Despite a price surge, the 75 calls still expired at zero. John A. Sarkett is active in the financial markets and is the developer of the Option Wizard put-call pricer for Excel, which includes the probability formulas described above. All rights reserved. Inc. All rights reserved.