Hello,
I understand options, their pricing, the various spreads.. But I still have problems connecting some dots. Maybe you can help me.
Hypothetically, if I know the std X for next day's range (i.e. next day's range will fall between +/- X with probability 68%) how can I capitalize on my knowledge of X?
The same with monthly ranges is easy as for instance next month's iron condor at +/- X has positive expectancy at expiration. What about daily ranges?
Thanks
I understand options, their pricing, the various spreads.. But I still have problems connecting some dots. Maybe you can help me.
Hypothetically, if I know the std X for next day's range (i.e. next day's range will fall between +/- X with probability 68%) how can I capitalize on my knowledge of X?
The same with monthly ranges is easy as for instance next month's iron condor at +/- X has positive expectancy at expiration. What about daily ranges?
Thanks