In this two-part episode, OIC host Mark Benzaquen first welcomes OIC colleague Mat Cashman in a return to Statistics 101 as they discuss probability, standard deviation, and tail risk in options. Then we turn to a special segment with Dr. Alan Ellman of The Blue Collar Investor, for a conversation about the value of options education and Alan's take on mistakes investors new to options might make. Be sure to listen in to this episode of Wide World of Options, where industry pros come to talk.