Whereas if we were really close to expiration, there is a greater chance of all of the premium being lost on the option that is opposite of the stock price movement as the rate of time decay will increase exponentially.

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Why do investors think there is a negligible chance of the UK reneging on its debts, while there is a meaningful risk that they won't get all their money back from Spain and Italy?

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There is, after all, a decent chance that he might win.

ECONOMIST: Lexington

All too often in business and in personal relationships, there is a chance we can be easily discarded when we are no longer of value or use to anyone.

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There is no chance at all of France being able to make such a tax bill stick.

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It means there is still a chance of getting two key treaties ratified - the Senate has to approve all American treaties.

BBC: Obama's world image tarnished - but policies will remain

There is a good chance that the Euro will collapse because the ECB cannot or will not go all in like the Fed did.

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"We have no way of knowing the duration or extent of this rally, but given all of the previous examples and the fact that all of the key indexes held above their October lows, we feel there is a good chance it could last several weeks, " writes Sullivan in a Thursday night hotline.

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