[TheOptionClub.com] Correction to Reverse IC Results

 

David Steele has pointed out to me that I made a mistake in giving the
profit/loss results for GOOG, the reverse IC methodology in the case
of holding the original position, without modification, until
expiration. The GOOG put spread payed out $10 at expiration giving an
overall profit of $1.50 or 17.6%. So the average profit of the 5
tickers for "do nothing" was 22.32%, still not as good as the 47.7%,
the main methodology did, despite having a 44.7% loss on GOOG.

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