/biz/ - Business & Finance

>>22089811

"Its ok Annon, buy Elrond and we can get married and live in a nice cottage out in the undying lands!"

>>22089811
I'll bite. Can someone please spoonfeed me on options trading?

options are basically gambling anon. just buy good projects and hold

>>22089811
Options are harder. Keep developing your trading skills and you too can dabble in having your trades go straight to zero.

Heard a friend talking about options, not really familiar with it though.

>>22089851
gambling

>>22089811
i have 70k to play with. how much could i make with options. if im too brainlet, are there people who can do it for me for a cut?

Trade options they said, It`ll be fun they said

>>22089851
one part this: >>22089936
one part confirmation bias
one part desperate wagies blowing their paycheck on the robin hood equivalent of a mega millions ticket ever week, because it's their only nonzero probability option of ever escaping poverty and eternal wageslavedom at this point

mix well in a blender and feed to /r/wsb through a funnel

>>22089949
well, it's like betting on uniswaps pump and dumps but in the real world. with high liquidity markets so you never need to worry about slippage and other bullshit crypto shite like that.

but it's exactly the same as a pump and dump. you'll throw endless money on options until something sticks.

download robinhood. browse wallstreetbets. take risks

>>22089811
And then you get rekt.

>>22090112
>wallstreetbets
thanks anon, i’ll get my reddit set up right away. i’m excited to meet new frens

>>22089830
that's a man

I lost 6k in 3 days trading options, literally my whole investment expired worthless.

Don't do it man

>>22091233
tell us more about your cautionary experience

>>22091233
lol

>>22091533
>>22091621
OTM spy puts right at the bottom of the bounce.