Stock Market

crackedback said
What do you want to know about options?
Every single person that I know or spoke with that says options are risky, lost everything because they overleveraged, had no plan/process and the market punished them. The roulette trade, I have 10K, putting it all on an option for Gunascrewme inc... akin to put it all on black... you might hit, table odds aren't in your favor. Yep they got screwed.
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I started studying options in around 2008 when my XOM stock went down. Started selling calls on it until it finally got called but by then, I was pretty much even. Mainly only dealt with selling puts and calls. Made 30k in one year just with TSLA....