Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: jt101 who wrote (2215)	7/18/2004 12:51:09 PM
From: jficquette	Read Replies (4) of 2241

Question please. I have often heard it said that 80% of options expire worthless. If that is true why would anyone ever buy options?? In general that is. I know there are situations and reasons but in general shouldn't they be sold?? John PS, if 80% of options purchased expire worthless and assuming that people buy options for a trend they believe is in effect then this must be a round about way of saying that 80% of trend traders lose. It is also interesting that they say stocks trend only 20% of the time. Funny how the numbers come together.

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