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Technology Stocks : AUTOHOME, Inc
ATHM 23.64-1.3%3:59 PM EST

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To: ahhaha who wrote (22373)5/18/2000 3:44:00 PM
From: LLCF  Read Replies (1) of 29970
 
<t is critical to understand what negative expected return is and to understand why options and futures fit in that category.>

Options can trade below or above fair value, when trading below one can attains a positive expected value by purchasing and negative by selling. For you to state that 'options and futures are in that category' shows how little you understand about the markets... [interestingly what you are accusing other of]. Why don't you tell that to the O'connor brothers or the thousands of others who understood the math behind behind them down at the board of options exchange??

Now, are you going to fill us in on your theory or just make broad claims?

DAK
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