I don’t doubt that figure could be accurate in some situations.. but I thought it was unfair to toss out ‘90% of options expire worthless’ as it was fact.. especially when people who are trying to learn more about options are reading(like myself). Chris, just biatch slap me and I’ll shut up!! 🙂
No way am I holding options even within a month of expiration..
Powayseller, Zeal hasn’t had any expire worthless in 2006.. you can tell which expired worthless in previous years by looking for the -100%. They probably learned their lesson, as you get closer to the option expiration the more you’re playing with fire. I may have found Zeal, only because they are doing well this year? What is the overused saying, a broken clock is right twice a day… Everyone’s happy when they’re winning, looks like Zeals best year is this year – and their focus seems to have been mining companies and energy which has boomed over the last few years.. so I guess we’ll have to wait a couple years to see what happens.
