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Standard Deviation: Short Put 1 SD below Stock Price = 84% Probability of Closing OTM



Day 1 of a 4 day explanation of Standard Deviation. Tom and Tony explain standard deviation and how it relates to volatility, expected move, and probability of success. If you sell a put 1 SD below the stock price, it has an 84% probability of finishing OTM. Watch to see why!

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