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Using Expected Value to Enhance Profitability by Craig O. Hilsenrath


Presenter:  Craig O. Hilsenrath, Founder of OptionWorkbench.com

Title: Using Expected Value to Enhance Profitability

Date: February 11, 2014
Time: 6:00 pm Beginners, 7:15pm Featured Presentation
Location: Rio Salado College, Tempe, AZ

Ever wonder how the casinos use probability and statistics to make their profits? Can these same concepts be applied to option positions/portfolios? 

Craig says, “Absolutely YES!”

With nearly four thousand optionable U.S. equities and ETFs and over 400,000 individual option contracts available on a daily basis, retail option traders need a way to determine the optimal way to allocate their investment capital. By employing some well known statistical techniques to calculate the expected profit and return for a set of option positions an option strategist can rank possible trades. These techniques can be used across diverse positions, assets and asset classes to compare positions and determine the optimal utilization of investment capital.

Please join us for what should be an interesting and valuable presentation.


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  • Ben N.

    He is a mathematician by education. You tended to see a lot of the math he used. One question I didn't get a chance to ask related to how successful he'd been with the software.

    February 13, 2014

  • Bill L.

    Could have been better if his desktop was readable. The text was very small. Also, he could have spent more time on the use of his software instead of verifying the math background of his tools.

    1 · February 12, 2014

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