Quote from: capoeira on May 27, 2024, 01:48:20 PM

Quote from: Wind_FURY on May 26, 2024, 11:53:08 AM

Quote from: capoeira on May 24, 2024, 07:50:21 PM

I still don't see the point.

Who specifically will opt for buying options and in what situation?

We can limit risk and leverage without options.

I tried learning about it by going through Bybit's course during COVID-19 lockdowns. Personally, for me it's useless because I'm a mere pleb with a small amount capital for gambling. It would be laughable but shitcoinery with Runes or BRC-20 might be more suitable for a pleb. The Options market is a kind of casino that is reserved for sophisticated whales with a large amount of capital to deploy.

It seems like you can't talk about options without people having binary options in mind. [b)I don't think real options are more of a gamble than any other trade[/b].

Binary Options actually IS the casino game, and it's probably negative-sum because the pay out is less than 50/50 for a 50/50 "bet", like regular dice games. Real Options is more sophisticated and require strategy, https://www.investopedia.com/trading/options-strategies/

If a regular Hi-Lo Dice game is comparable to Binary Options, then Regular Options is comparable to Craps, a dice game that requires some strategy.