🏛️ It’s All ‘Greek’ to Me: Understanding Probability in the Options Market ♎

[Image] May 6, 2024 🏛️ It’s All ‘Greek’ to Me: Understanding Probability in the Options Market ♎ Good morning, traders… Ben here. [Options trading]( is about making informed bets. You must identify a potential [directional move]( and a timeframe when it could happen — then, bet on it. Sponsored The Next Trillion Dollar Chipmaker After NVDA (Not AI) Is [this little known chipmaker]( the next NVDA? It has nothing to do with AI, but this company’s patented chip could generate NVDA sized gains in the coming months… Companies like Microsoft, Intel, and Google are all quietly racing to be at the forefront of this new phenomenon, but unfortunately for them… This one small company holds the key to this revolution… [Click here to see why this small company won’t be small for long]( It’s a bit like sports betting on the stock market (with far more [access to information](. However, many traders ignore one of the most important aspects of making options bets, which often leads to their downfall… I’m talking about probability — the likelihood that a particular event will occur. Traders use various models to estimate these probabilities, helping them make more informed decisions. Like any other bet, options contracts have “odds” of success, which [market makers]( use to determine prices. In options trading, the probability of an option expiring [in the money (ITM)]( is particularly important. If your contracts have a low probability of expiring ITM, they’ll be a lot less expensive than their counterparts with a higher probability of success. That said, those contracts will also increase by a greater % if they do reach their strike price. I’ll tell you the hard truth: It will be nearly impossible to [make money]( in this [volatile market]( if you don’t understand the probability relationship between option prices and their underlying stocks. With that in mind, let me show you everything you need to know about probability in options trading… [Click Here To Read The Full Article]( P.S. This is your ONLY CHANCE to act on [Jack Kellogg’s Next Big Trade]( Once this rare profit cycle begins, there’s no going back. It’s why Jack’s discussing this next big trade, and giving away a second trade idea Thursday night, for FREE. Jack’s top 28 trades have ALL generated 100% or higher — with 12 soaring over 250%, and 4 exploding beyond 600%.* And the next one just might be Jack’s best trade ever… Don’t miss it — [CLICK HERE NOW BEFORE IT’S TOO LATE.](   Sponsored   66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here to Unsubscribe]( *Past performance does not indicate future results **Our gurus teach skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the “unsubscribe” link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies.