Laughing, getting bailed out by insiders, being retarded/genius, gains/losses, and being an INTC bagholder aren't mutually exclusive. >https://old.reddit.com/r/wallstreetbets/comments/1eqs237/this_ones_for_you_grandma_guy_you_get_back_up_to/lhui3b4/ For all we know INTC-guy might have sold his shares. Also for reference I still have my INTC shares. Been selling upside covered calls on them since 2020. I finally got caught with this upside run selling $85 calls but I'm ok with missing out on the $15 extra.

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They need to short the shot out of the market

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What losing cause? Their ad business is still growing like crazy and the increase in ad impressions can definitely be attributed to their use of AI. Also there is not enough compute power in the market overall, so whatever infrastructure they build it can utilized. Worst case they rent it out and make it worthwhile...

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As much sure as every big tech did in last 20 years. And not as one of those 3 exceptions out of 10000000s of actual contracts And you will pay for it through big tech companies, whether you like it or not

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Years ago I joked about going public with a company that gives away $100 to everyone who signs up for $90. My margins would be 100x better than some of what's out there right now. 

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Seen how this plays out too many times gonna wait a day or two and pick up some long dated puts

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Cmon, if you were warren you gotta put 1 milly every day on some SPX options, You will never run out

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He is calling us out and some of us are hurt because he is not wrong. Gambling is a zero sum game, for half of us to win, the rest of us have to lose. I have seen and heard people ruining their entire lives because of options trading

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Shout out to the GOAT!!

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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).

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