"The point I was trying to make was that when buying an option, it is not true that your money goes straight down the toilet 90% of the time, which is the implication that "90% of options expire worthless" might imply"

I think it is necessary to pay attention to English, because I never said 90% of options expire worthless I said that 90% of options are losers. That includes those that are bought back at a loss and also those that expire worthless.

USCoralSea