How to interpret the Probability of OTM using the Law of Large Numbers... #LawLargeNumbers #OptionsStrategy #OptionsTrader @OptionsDamocles optionstradesbydamocles.com

You must be imaginative, strong-hearted. You must try things that may not work, and you must not let anyone define your limits… Your only limit – is your soul.

– Auguste Gusteau (Movie: Ratatouille)

 Commentary Flip a Coin

If I flip a coin, I have a 50% probability that it will land as heads. If I only flip the coin one time and it lands heads, and I stop flipping forever, then I can…

Selling Option Spreads in an Election Season. (What happened to Obama's "One America"? ) #OptionsStrategy #OptionsTrader @OptionsDamocles

…there is not a liberal America and a conservative America — there is the United States of America. There is not a Black America and a White America and Latino America and Asian America — there’s the United States of America.

– Barack Obama at 2004 Democratic Convention

 Commentary

Senatorial candidate Barack Obama stunned political junkies of all sides with a power unifying speech during the…