Why do people chase crypto gains when options trading is a thing...

And just an FYI this is still a great pick, up 20% since I posted this.

Trading = gambling; you can't out-compete the bots.
At least if you buy shitcoins/chase the pumps at the bottom you don't risk anything. Either they pump or nothing
happens.

I only invest, it's actually not gambling and has high chances of working. And crypto is going to be huge. So, a good investment.

>investopedia.com/options-basics-tutorial-4583012
>Options involve risks and are not suitable for everyone. Options trading can be speculative in nature and carry substantial risk of loss.

I sold an AMD call options and bought SPY puts on Tuesday please kill me.

>accidentally got out at top
>gets duplicative integers too
This user has been blessed by Kek

Attached: rbnh7ogl5x231.jpg (898x1488, 215K)

This is not a joke I missed out on a 10,000 gain and halved my stack because I thought the market would keep dropping. I am pissed.

STOP SHILLING THAT PAJEET SCAM APP

Yeah, but it's based off of stock prices, which I think there's at least an argument to be made that they're easier to predict to crypto, not to mention the information available is much more reliable. Look for unusual option activity, and then do your research on the company. I saw KMI get recommended on CNBC, researched and found their NGPL project was looking good for approval, they were desperately looking for new shippers to handle new sales volume etc. And low and behold, project got approved and stock is rallying even doing so during the presidents Mexico meltdown despite their Mexico exposure, WHILE the entire energy sector as a whole was down. These are metrics and verifiable facts you just don't get with any crypto in my opinion.

because options was a mistake

it's another derivative for gambling, it provides no value

you can make millions/billions trading unleveraged stock positions if you know what you're doing, there is literally no purpose for leverage derivative contracts and options gambling - it's not about speed it's about consistently turning a profit

because I know how both work. the two aren't comparable in any way and crypto presents far better opportunities for small individual investors.

The expected gain from trading crypto is zero. The expected gain from trading options is negative.

Furthermore, crypto has generally been a simple game. Successful pumps mean you win. Fail to pump and you lose. On average crypto will tend to go up as more and more people are introduced to it, though the days of exponential growth will of course eventually stop.

Oof hope Trump has a meltdown on Mexico I guess, but with this bump I dunno how much that will even help minus softening the blow. What price is your put?

Predicting stock prices usefully enough to profit from options is harder to do for the average retail investor, who trades at an information disadvantage compared to wall street.

Options are great for hedging a stock position if you want to limit the volatility of your portfolio. They are pretty shit at being something you can actually make money from.

> it's about consistently turning a profit
That's exactly what it's about. Sure, there are other crazy derivatives but as you said you have to know what you're doing, not to mention they carry much high burdens of entry. Options trading, especially on RH, is the chance for regular people to get a piece of the absurd returns wall street has seen privately for years.

options trading is just stock insurance, net short sellers consistently turn a profit selling risk hedging while everyone else pays for that limited risk, which is fine if you make excellent picks as a net buyer of options but 99% do not and end up with net losses - sell strangles on indices all day and you can turn 50%+ ROI every year and once the market crashes you just resell the strangles to minimize your temporary loss

Agreed it ultimately boils down to your picks, but if you keep costs low and think critically and logically you're likely to outperform your losses, especially if you keep your expectations low and sell at a target price of a slight profit.

but if you make excellent picks then what is the purpose of limiting your risk? just buy sell turn a profit and repeat and make your money without all the added complexity and cash flow out paying for insurance

>invests in crypto
>calls functional app scam
kys pajeet

Crypto is easier to get into, at least for me

Because anyone who doesn't realize even a fixed race carries risk is a complete retard and shouldn't invest. People like that are the ones that lose it all, while the reasonably cautious are the ones that see 30% month over month.

>not watching varney

> Liscensed security exchange is scam
> Buy my shit coin from my pajeet or chink ran exchange

limited risk is how you actually lose money, because you only turn a profit by taking on the risk other people are not willing to take

Yeah, and people like you are willing to risk a lot. I'm willing to limit mine to be satisified sooner. It also depends on the pick, this KMI call for instance I plan on holding until expiration to catch earnings on 7/17. I am targetting a share price between $24.50 and $25.25, but at the rate its going it could very well be much higher. But I bought it cheap realizing it's a gamble, and writing the $100 cost off as a loss.

i honestly feel sorry for the low iq autistic idiots who browse these boards. they will lose everything listening to anything here

Contrast the possible profit I'd see if I had instead bought $100 worth of KMI stock. It was just about $20 when I bought it so we'll say $20 shares. Even if it reached the most bullish estimates I've seen of mid-30's, my profits would be in the range of $75, where as my options would profit somewhere close to $15K.

risk by itself doesn't matter, only risk to reward, because reward cancels out risk over a series of trades and you profit the difference, you can achieve high risk reward by buying in at undesirable prices but there is still unnecessary cash flow out payed to your short seller on the other side of the series of trades

5 shares*

you're using leverage with small position size instead of large position size without leverage

difference is large position size you won't get forced to sell low as a result of stop loss, you can sell at the most convenient price down the line

>I only invest, it's actually not gambling and has high chances of working
>it's actually not gambling
>high chances
You're an idiot.

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