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From Blackjack to Black Monday
Risk of Ruin
Trading Stock Options Strategy - What Is It?
Blair Euston used to play Blackjack with a small team in Las Vegas. He was inspired by Ken Houston, who sold out his own teammates for personal fame. Blair developed an option value model and started buying cheap options and selling expensive options. His trading strategy converges on the Black Scholes Model that Fisher Black and Myron Scholes published.
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