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How to be good at trading options?

not really looking to day trade or anything. rather, more in...
Submissive passionate round eye pocket flask
  05/26/26
Options are for hedging or gambling. If you're just buy and...
bistre sanctuary cumskin
  05/26/26
i was gonna right strike price originally ngl but pussed out
Submissive passionate round eye pocket flask
  05/26/26
An AMD call at $10 strike is going to function almost the sa...
bistre sanctuary cumskin
  05/26/26
you can't be good at "trading" options. the only o...
Stimulating pearly abode ratface
  05/26/26
You can just straight-up get lucky sometimes. I made like 28...
Mind-boggling Persian
  05/26/26
how do i become the next jane street. i got 100k in my 401k ...
Submissive passionate round eye pocket flask
  05/26/26
...
Tripping gas station idiot
  05/26/26
Just give your money to Gravens Capital Management, LLC. You...
White House Idea He Suggested
  05/26/26
Master the Iron Eagle.
fantasy-prone liquid oxygen
  05/26/26


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Date: May 26th, 2026 9:08 PM
Author: Submissive passionate round eye pocket flask

not really looking to day trade or anything. rather, more interested in finding winners over a long time horizon as if you were just picking stocks to hold long-term. saw a guy on /r/wallstbets who's still holding AMD calls at an avg cost basis of $10/share. any benefit to trading options (other than trading with more size) when i could just buy the underlying stock if i plan on hodling?

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903054)



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Date: May 26th, 2026 9:19 PM
Author: bistre sanctuary cumskin

Options are for hedging or gambling. If you're just buy and holding long term, just buy the underlier. Also 'cost basis of $10' means nothing unless you meant the strike price.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903068)



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Date: May 26th, 2026 9:39 PM
Author: Submissive passionate round eye pocket flask

i was gonna right strike price originally ngl but pussed out

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903118)



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Date: May 26th, 2026 9:54 PM
Author: bistre sanctuary cumskin

An AMD call at $10 strike is going to function almost the same as just owning the stock.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903143)



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Date: May 26th, 2026 9:48 PM
Author: Stimulating pearly abode ratface

you can't be good at "trading" options. the only ones consistently winning are the market makers. any multi-leg trade you try to do like a steel butterfly or whatever is simply going to involve you getting fucked in the ass on the bid-ask spread making it almost impossible to make money. like seriously man, unless you're doing literally the #1 thing with the biggest open interest (SPY), spreads become a serious issue with multi-leg trades.

you can buy options for speculative purposes, but you have to be right not only about the direction of the move but also the timing of it. I'd rather just use margin leverage. the best uses i have for options are selling covered calls on positions i was going to exit anyways, or selling puts on positions i want to enter.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903129)



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Date: May 26th, 2026 10:12 PM
Author: Mind-boggling Persian

You can just straight-up get lucky sometimes. I made like 280k from GME call options iirc.

“Being good at it” is just recognizing how much risk you’re taking as well. It has its place. It can also keep you from Selling High before stonks go Higher if you buy some downside protection.

Like right now AMD is going to $600+ or some false flag $150 oil BS will happen and it’ll crater. In that situation I want to have calls. In the short term it’s both more upside and less downside. All depending on IV and bid ask spread and liquidity and shit.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903180)



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Date: May 26th, 2026 10:42 PM
Author: Submissive passionate round eye pocket flask

how do i become the next jane street. i got 100k in my 401k i can cash out to market make.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903257)



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Date: May 26th, 2026 10:43 PM
Author: Tripping gas station idiot



(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903260)



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Date: May 26th, 2026 10:06 PM
Author: White House Idea He Suggested

Just give your money to Gravens Capital Management, LLC. You'll be rich in no time.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903170)



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Date: May 26th, 2026 11:02 PM
Author: fantasy-prone liquid oxygen

Master the Iron Eagle.

(http://www.autoadmit.com/thread.php?thread_id=5869312&forum_id=2most#49903334)