[00:02] Professional options traders, they are the casino. And that one shift changes everything. Hi, I'm Seth Freyberg and today I'm going to show you why 90% of today I'm going to show you why 90% of traders lose and how pros flip that math
[00:16] in their favor. Let's start with the casino. In roulette, you think betting red or black is a 50-50 proposition, but it's not. There are 18 red, 18 black, and two green numbers. That tiny difference gives the casino a 5.4% edge.
[00:33] So for every $1 bet, the casino makes 5.4 cents over thousands of bets. That's called positive expectancy. The house always wins because the math is on its side. Now let's talk options. Most retail traders buy calls. Example,
[00:49] retail traders buy calls. Example, stocks at 82. They buy an 87 half call, stocks at 82. They buy an 87 half call, a 30 delta call for $140. the stock goes up to 86. They're right, but they still lose 100% of their premium. Why? Because
[01:03] the call options delta says there was only about a 30% chance that the option would finish in the money. They weren't trading probabilities. They were gambling. Now, here's what professionals do differently. We build strategies with
[01:19] a time- tested win rate, defined risk, defined reward, and positive expectancy. Let me show you the real numbers. Let's say we have a strategy that wins 60% of
[01:31] the time. When we win, we make 15%. When we lose, we lose 7.5%. So, we're risking we lose, we lose 7.5%. So, we're risking $1 to make $2. Out of a 100 trades, 60 $1 to make $2. Out of a 100 trades, 60 wins times $900 is 54,000. 40 losses
[01:46] wins times $900 is 54,000. 40 losses times $450 is $18,000. Net profit times $450 is $18,000. Net profit 36,000. That's expectancy. Even if the win rate drops to 50%, you still make money because your reward is double your
[01:59] risk. That's the difference. Gamblers focus on getting lucky. Professionals focus on edge. Edge equals probability times reward minus probability times
[02:11] risk. If that number is positive, you're the casino. And when you trade like the casino with tested systems, discipline, and controlled risk, you don't need luck. You just need volume and consistency. That's how professional
[02:27] consistency. That's how professional options traders make money.