Many people know this cliché. In this article I will discuss the two aspects of this fact: the first aspect is, of course, the option market, the other one is the effectiveness of learning.
Let’s see what this means in the case of options market:
In my previous articles I have already explained the two main components of the option price: intrinsic value and time value. If someone has already spent some years in the option market, he instinctively feels that option trading is about trading time and probability and much less about following the directional movement of the underlying product.