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Politics : Formerly About Advanced Micro Devices
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To: Richard Wang who wrote (108060)4/27/2000 12:47:00 PM
From: TimF  Read Replies (2) of 1570344
 
RE:
In most cases, I think the figure 97% is often used, options expire worthless, which means in more than 97% of the time, the
option buyers lose money, as one can still lose money even when the options do not expire worthless.

I think the figure I heard was 80%. I know must options expire worthless but 97% seems to high.

Tim
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