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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dominick who wrote (3163)12/20/2001 12:45:59 AM
From: rydad  Read Replies (1) of 5205
 
I kind of understand the standard deviation stuff, its been a long while. Given that there is a 68% chance of the stock closing between $3.25 and $46.75, isn't the distribution something like a bell curve? Where the probability of the stock closing at, say, 7.5 is far less than the probability of it closing at a number around 25? True, the cumulative probability of NTAP closing between 3.25 and 46.75 is high at 68%, but I was thinking that the probability of it closing at $10 or even $7.5 is very low. ( I wish I could attach a picture )

Does that make any sense?

Should have stayed awake in statistics class!
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