Quote from: NotATether on September 21, 2023, 08:23:28 AM

Quote from: fingnome on September 20, 2023, 08:18:32 AM

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

What?

I don't see how staring at a bunch of numbers on the screen is supposed to pack more thrill than gambling, especially when the result will not be known for several hours in the worst case.

Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.

I believe you misunderstood this guy, it's trading that has a distinct difference from gambling, not option trading, and option trading is just like gambling brought into trading.

Options trading is a way you bet against time with either a call or put options just like you do in gambling. It's more gambling because your speculation of the position might be right, but what about the accuracy of the timing, will the market fulfil all your chosen options?

This is just a gambling practice within the market and the reward is often very high as I've seen as high as 100% return in traditional options trading depending on the risk involved if the predicted outcomes are positive. They merely added "trading" to it as it's being done in relation to the market, but in practice, you are gambling.