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To: BDR who wrote (14)4/9/2000 7:11:00 PM
From: bobkansas  Respond to of 57
 
The data from several of the Option books I have read is that approx 80 percent of all stock call options expire worthless.

Call buyers purchase the option to perhaps buy the stock but more likely to later hope to sell the option at a higher premium amount. Such may explain some of this as well as the time wasting away element.


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