SPDR S&P 500 (SPY): If you "trade" an option. You never o...

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Re: Vandalayind post# 371576

Friday, 05/05/2023 8:12:26 AM

Friday, May 05, 2023 8:12:26 AM

If you "trade" an option.

You never owned anything but a gamble against time. You bet on what someone else owns.

There is no one that has to "steal" anything from you. They already own it. You own nothing.

Just look at Target Timmy with the "before market opens" call. Unfortunately neither is the options market. What a waste of energy. Everyone knows the up and down.

An option is not targeting a price point. It is targeting the "When". The strike price just determines the amount of leverage.

Call it gambling then we can all agree it is what it is...but don't call it trading.

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