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autistictheory t1_iy3yfmx wrote

options are generally used as a hedge against their investment holdings. just because you don't think it has value doesn't mean there aren't other people who value that.

The fact that OP made profits on this venture is just proving exactly the same thing as what you say about athletes and actors. There are people paying for the service of purchasing options contracts and thats all that needs to be said.

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