How Far OTM Is Your Option?

Many broker platforms show a 1 and 2 standard deviation band to help traders figure out how likely a certain strike is to be in-the-money. But what are they really showing? Is it the same as probability? Please join my Facebook group at this link:   / 290679008073523   And you can find my podcast from Market Rebellion at this link:    • Thinking In Options with Bill Johnson