AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
What Is the Kelly Criterion?
i think it's a great starting point for discussion, especially if you're newer and just trying to get your you're kind of o head around option trading in general. The kelly criterion is a formula to calculate the op position size for a given event. And again, this kind of started out in the sort of gambling world, as we knew probabilities, but were going to apply this to our trades.