Law of Large Numbers
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…
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