Bums I guess you are trying to warn people to be very careful with options. I agree. However the rest of this post is silly. You have no idea how I trade, I’ve traded longer than you and I have made a lot of money with calls on ascending cannabis market through the fall and into January. It doesn’t always work this way and I lost some money in 2019 but was cautious on my losers so proportionally it’s way ahead. This is an exceptional period as cannabis improves in CA, moves to legal in US, and will get a huge accelerant as we get to SAFE Act, institutional money, and then broad Us retail investing. Im willing to take smart risks on ITM or just slightly OTM calls in this kind of transformative market. Good luck and to anyone interested in options, get educated and manage risk - don’t treat it like the lottery.
