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If you're trading options, you are not an average retail investor. Discussing puts isn't relevant for GP's situation.



So? If you want to buy options, it's relatively easy to transform yourself into such an investor, so that should be fair game for evaluating HNers' potential search space.


It's not appropriate unless you're a multi-millionaire, and it's not that easy to transform yourself into one.


You don't need to be a multi-millionare to make money on options, I just recently cited someone who put a small amount (relative to a multi-millionare) to disproportionately profit from the market declines that weren't priced in.

https://news.ycombinator.com/item?id=22526246


I put 1000 in, but I could have put on 200$ in.

Options are even MORE appropriate for the non super rich, because if you put a small amount of money in, you either win big or you lose it all. I'm fine with losing 200$ occasionally.




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