Time and Options Probabilities by John A. Sarkett
ARTICLE SYNOPSIS...For traders who want to use options to hedge their long
positions, here are the formulas for calculating the prob-abilities.
What's the probability that Intel
[INTC] will be above 110 at a
certain point? Three months from
now, six months, a year? If you
AUTHOR: John A. SarkettDATE: DEC 1997