Options take a lot of time, research and work to understand. I have been studying and trading them for about 2 years now and am still a novice. They ARE NOT a "can't lose" proposition but they do afford you a quantifyable gain/loss and they also allow you to manage and turn a loser into a winner.
EIGH is a stinky pinky - either you sell for a profit or if the stock tanks (as is the current case), you blame the MM's, ENSSFM or "average down". There is no way to really turn EIGH into a winner. At least with options, there are techniques available to mitigate losses.
Monk didn't understand a thing about the market. All he knew how to do was front load a stock, pump it to unsuspecting noobs, and then dump on it them. He is not nor ever was a trader - simply a slimy con man with a bad moustache.
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