The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn’t use it.
![The longer-term the option, the sillier the results generated by the Black-Scholes The longer-term the option, the sillier the results generated by the Black-Scholes Image](https://www.idlehearts.com/images/the-longerterm-the-option-the-sillier-the-results-generated-by-the-blackscholes.jpg?x85372)
The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn’t use it.