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Technology Stocks : BORL: Time to BUY!
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To: Ghassan I. Ghandour who wrote (7061)11/2/1997 9:01:00 PM
From: Neil Booth  Read Replies (2) of 10836
 
It is also an experimentally proven fact that over 80% of option buyers lose

That's almost certainly because the sample population was dabbling in out-of-the-money options.

In the professional markets, people tend to trade straddles (long/short puts and calls at the same strike), whence exactly 50% expire worthless.

Neil.
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