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To: Peter J Hudson who wrote (92186)1/20/2001 5:03:12 PM
From: Michael Allard  Read Replies (1) | Respond to of 152472
 
Peter:

Good Point.

So what is the inverse of "90% of Options Expire worthless"

Is it "10% of Options expire valuable"?

Why would options expire valuable?

I think that 100% of options which expire (hence, did not get exercised) should be worthless.

So option plays which make money for investors get exercised, and therefore do not expire, and are therefore not counted in the 90% figure.

What was my point?


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