Options trading variance is one of the hardest things to sit with psychologically. You can have three pages of positions all sitting at 50 to 70% probability of profit and still have days where everything goes against you at once. That is not a broken strategy -- that is variance doing exactly what it should.
Dr. Jim Schultz breaks down the central limit theorem and why mean convergence is one of the most reliable implications in all of statistics, how directional skew in your portfolio destroys your statistical edge, and why the math nets out in your favor over time even when it absolutely does not feel like it. Plus a full earnings preview covering Palantir, Disney, Shopify, AMD, ARM, Uber and more.
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CHAPTERS:
00:00 Can You Trust Options Probabil...