A atticus Oct 9, 2007 #21 Quote from atticus: The 90% statistic [more than?] is simply absurd. For every OTM call [put] there is an ITM put [call]. The stat is only relevant w.r.t. the ATM strike, if pinned. More... To elaborate. Far fewer ITM options are traded, therefore inflating the "worthless" statistic.
Quote from atticus: The 90% statistic [more than?] is simply absurd. For every OTM call [put] there is an ITM put [call]. The stat is only relevant w.r.t. the ATM strike, if pinned. More... To elaborate. Far fewer ITM options are traded, therefore inflating the "worthless" statistic.
