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I'm going to jump in here.

Trading options is extremely risky and a lot of people teaching it, teach it because doing it is normally not profitable and they have already lost their money.

Unless you have some huge edge, which no one does, options are the last place to spend your time and blow your money.




There's an article I read a few years ago talking about the possible outcomes from startup equity, using the analogy of a 99 sided die.

It's something like:

1-50: nothing

51-70: a little

70-90: what you would get from a FAANG

90-99: millionaire

100: you're a billionaire

And then goes on to note that there is no 100 on a 99 sided die, seems like options are similar :) I have no belief in my ability to beat the market and treat them like a fun thing to spend some money on, not like an investment.


Second this... even when you’re right you could be wrong. Options just amplify the effect.




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