bigdickbetss t1_je0pmmj wrote on March 28, 2023 at 4:02 PM

Reply to comment by SeemoarAlpha in What is a sucesssful rate of return for an options trader. by Aimadness

Didnt bill huang trade options a fuckton? Granted he did lose hes billions again.

SeemoarAlpha t1_je0yv67 wrote on March 28, 2023 at 5:00 PM

I'm sure he did use options here and there, but it was the overuse of leverage that blew him up. The smart use of options as part of a hedging strategy might have saved him.