I’m not sure I followed this. Is there something more to it than ‘wait a while, things might get better and you can always go through with it later if they don’t’?
Yes, the higher the variance of what might happen the more you should be willing to wait. Also, even if you think things will probably get worse option value means you might still want to wait.
I’m not sure I followed this. Is there something more to it than ‘wait a while, things might get better and you can always go through with it later if they don’t’?
No, but option pricing theory is the math behind that logic.
Yes, the higher the variance of what might happen the more you should be willing to wait. Also, even if you think things will probably get worse option value means you might still want to wait.
I’ll just let you two talk amongst yourselves....