This one is kinda funny because it's so absurd, and also anyone with 32k to invest in the first place can't be doing that badly. However, it's fucked up how gambling on your phone, sports and crypto as well as stocks, has just been completely normalized over the last couple of years.

This also might be a glitch (the number looks suspiciously close to the 32 bit max). But in that case it's fucked up how people's live are so controlled by completely unaccountable tech companies who don't provide support unless you're a corporate customer with millions of dollars in monthly spending.

  • betelgeuse [comrade/them]
    ·
    2 years ago

    You're not supposed to use options like wsb uses options. Anyone who strictly trades one asset class isn't investing properly. You're supposed to use options as a way to unload risk and reduce exposure on stocks you own. It's one tool in a portfolio that you don't use all the time. You don't even buy/sell stocks all the time. Sometimes you get out of stocks completely. Sometimes you do forex. Sometimes you don't invest anything at all. Sometimes you do bonds.

    You should be constantly rotating positions/assets based on your needs and your appetite for risk. For most people that means only selling options when you need to.