What is the Probability of Profit

Probability is the chance that something will happen – how likely it is that some event will happen. Sometimes you can measure a probability with a number like “10% chance of rain”, or you can use words such as impossible, unlikely, possible, even chance, likely and certain. When a probability trader is to set up a trade, he will sell […]

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Options for Consistent Income

The use Options for consistent income is what every trader wants. Is there a way to achieve this?  We are using Options Delta to locate the short strikes. Graphically it is represented in the Probability Mode. We use Delta to determine the trade risk and the Probability Of Profit (POP). It is an objective approach based on numbers and random […]

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