POP and ePoP on tastyworks : tastyworks
It is the chance of making at least $0.01 on a trade. The Probability of Profit, or more commonly referred to as POP, is the theoretical probability of your equity/etf position (s) making at least $0.01 on a trade. POP uses a set of variables such as position type, whether you are long or short, time, and volatility (for the distribution curve).
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