Option trading fun: Courtesy of member John Gadd,
Q: Which has the greatest chance of occurring?
1. The sun rising tomorrow morning
2. Hotter in Summer, Colder in Winter
3. RUT hitting 1000 by noon tomorrow
A: Is a trick question — because all have the same odds…..
It’s funny because John, along with so many other traders is frustrated by the never ending upmove of the RUT. If you haven’t been trading the RUT the last couple months, you won’t understand.
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