Option trading when done right is a cheat code: it is extremely superior than stock trading.
Do you really understand what is a margin account?
Do you really understand the power of option trading?
Why I don't buy stocks?
Because I use an option equivalent substitution with low one-third margin cost.
That means if you buy 100 shares, I can hold 300 shares with the same cast cost.
Option trading when done right is a cheat code: there are some strategies that could yield a risk of 1000 dollars but potentially maximal gains of 4000 dollars.
Why I don't sell covered calls?
Because selling puts is essentially the same, but with low margin cost.
If you sell one covered call, I could sell three puts with the same cash cost.
My defending ability is better than most people trading exclusively stocks.
My attacking ability is better than most people selling OTM options for premiums.
Mathematicans' mission is to prove theorems.
As a pure mathematican, I like to find bugs of options.
Following other people's steps is generally not a good mathematican would do.
Low-risk iron condor strategy can yield small returns and is not of my interest.
I don't appreciate bear put and bull call.
Earn large returns, earn intrinsic value.
Many option sellers just like collecting premiums day in day out. Not my style.
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