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SE MN | Almost all options expire worthless. In order to get rich with options, you need to bet on something that everybody else thinks is very unlikely. If that is the case, why do you have better information than everyone else? There is something strange about the DFV case. He was predicting every step when everyone else was laughing at them, including that Jan 21 would be the turning point. He sold options for huge profits during the runup. He also made a major shares purchase right before the recent runup that nobody saw coming. If you can time a volatile market like that, then go ahead and get rich with options. | |
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Strategy
