Submitted by Aimadness t3_124al2j in wallstreetbets
SeemoarAlpha t1_je0yv67 wrote
Reply to comment by bigdickbetss in What is a sucesssful rate of return for an options trader. by Aimadness
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.
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