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085: Blair Hull – Know Your Edge, Exploit Your Edge—Survive the Game

Chat With Traders

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How to Be a Profitable Trader

I was pretty successful, fairly successful the first year, fairly successful. Yes, there were at those days, options were mispriced. And it was much easier to beat that game, much easier than it is today. Not all options are mispriced, but if they're mispriced, they tend to be overpriced rather than underpriced. So although it's a risky endeavor, selling options is definitely preferable to buying options as a general rule.

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