The statistic I always hear is that 9 (or 8, depending on where you see the phrase) options expire worthless. My solution to that problem is to not be holding that option on expiration day. If it's a covered call or naked put, I never 'own' it. (Bernanke isn't the only one who can do stuff like that.) If it's a covered put or naked call, I look around for that greater fool to sell it to.
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