Yes. Options have existed for a very, very long time, well before 0 DTE existed, for starters, so prior to 2022, daily 0 DTE wasn’t possible.
To more directly answer your question, and also disagreeing with the other regarded individual who replied to you: options can very much be profitable to retail. Simple, long-dated calls are one way to do it. For example, if you mechanically buy a 2-year SPY call whenever the market’s down more than 20% and hold to expiration, you’re likely to come out way ahead (past performance doesn’t guarantee future profit blah blah). The market is not often down 20%, so this isn’t a get-rich quick strategy, but it’s not unreasonable and has historically very good returns if you’re choosing a strike that isn’t absurdly OTM (say, if you pay for an at-the-money call). You can reduce the cost (and profit/risk) by using a long-dated spread instead (so for example buying the at-the-money and selling a call 10% above the current price at the same expiration).
There’s also selling index puts - again, not a road to riches, but as a way to add a small amount of leverage during times of elevated volatility. The typical internet-approved version of this is to sell 15-30 delta, 45 DTE puts, but there are a ton of ways to do this profitably, and also plenty of ways to quickly blow up your account. If you’re selling options, you very much need to be keenly aware of the leverage you’re handling, and also how volatility changes both the options price and the margin requirement (you can get blown out of a short put due to changing margin requirements even when the trade remains profitable).
The question you asked is really broad, something like “how do you build a house,” so I’m speaking in really broad terms with just two tiny examples in an ocean of possibilities. But the short answer is yes, you can very much be long-term profitable with options strategies.
However, ultimately, options are just another tool. You really need a thesis on the underlying, and if that’s wrong, some complex options genius setup isn’t going to save you from being wrong. So don’t get too caught up in the options mechanics at the expense of understanding why the underlying is behaving the way it is. It’s the latter that will make you money; options just add to the toolbox and can, for example, make you money if the underlying doesn’t move (which isn’t possible with shares apart from whatever dividends you get).
Venmo is growing fast. PayPal has about 15 percent margins too which isn’t great
Revenue doesn’t show the whole picture, what if you sold 100 billion worth of your garbage widgets and they cost you 99.999 billion
Dow’s first-quarter results reflect an industry that was still mired in overcapacity. Its sales declined 6% to $9.8 billion from the year-earlier quarter. Prices dropped 7% and volumes slipped 2% over the same period.
Operating earnings before taxes declined 8% to $873 million, despite an assist from $193 million in cost-cutting measures during the quarter.
But looking ahead, Dow forecasts about $12 billion in revenue and $2 billion in earnings before taxes during the second quarter, largely because of a war-related surge in chemical prices and production.
I think the market doesn’t properly capture the cost of oil, and non-renewable energy in general. A “budget” airline is a silly idea. There’s nothing “budget” to traveling hundreds or thousands of miles/kilometers. It’s a massive energy expenditure.
Bye bye Spirit.
JetBlue is next.
Turns out low budget carrier airlines cannot take elevated fuel prices, caused by Iran war.
Even if the merger went thru back in 2024, they’d probably be in similar shape.
Their business model wasn’t designed to be able to handle any baseline cost increases, like fuel.
Meanwhile their CEO banked 950k last year with a 2million sign on bonus, and 2million retention bonus.
The CEO before that was paid something like 6.5million in 2024.
Corporate capitalistic greed/horse fuckery. Not perfect, largely messy.
C levels and up rewarded at the top for 2 corporate bankruptcies and now a failed business.
17,000 employees now filing unemployment and not sure how to pay their rent next month.
Once again Netflix just failed to acquire Warner Bros. It happens. That's the nature of business. Mergers fail, competitors rise up, product lines that were profitable for years eventually die out, etc. Im hoping that companies start investing more in people who have the capabilities to think through these types of business challenges instead of just farming out large divisions to low cost countries. Eventually with the business environment being where it is, Human Resources are going to be much more important in the future. Eventually, it will go back to being a strategic advantage rather than being a simple OpEx calculation.
To get there though, the model at these business schools which always recommend to replace people with drones will have to change. I want to see the government let more businesses fail like Spirit. The government has to stop stepping in anytime a business needs assistance.
That’s what I’m saying. Tariffs aren’t going to matter to the people who typically buy European cars in the American market. I’m not saying they’re “bad” the eurojank comment is more of just a joke because I’m a big DIY car person. But just giving insight as someone in the US, most Americans typically consider European vehicles less reliable, more expensive to maintain, with a higher base purchase cost. I’d love a new BMW M-series but they’re prohibitively expensive here in the US especially for it being strictly a fun car