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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (36655)11/13/2000 9:28:08 AM
From: LLCF  Read Replies (2) of 436258
 
< When you take into account all outcomes and their returns, expected return is negative, which means just like in the casino example the house has an advantage. >

So you're assuming you hit every bid and take every offer in the options universe?? Yes, that would be a negative return.

DAK
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