Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, March 9, 2009
09/03 XLE Double Diagonal - Implied Probability
I also look at implied probability. Using TOS for XLE`s implied probability of success. As you can see on the risk profile bellow, the implied probability is around 66%.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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