YOLO would be getting into the driver's seat of a Reliant Robin designed as a space shuttle, and hoping it works.
Hey, you're still here! Good to see it. The kind of thing I'm thinking of is what newbies get introduced to by the likes of TastyTrades, OptionAlpha, etc.: 16D body strikes in low-volatility underlyings 45-60 days out, $1-$2 wings, close them at 3 weeks out. Booooring... but risk-defined and usually closed for a profit. And hey, it "proves" that YOU TOO can make money! There are tons of "options gurus" fishing for retirees, and this seems to be their favorite bait. Man... some day. This is exactly the kind of thing I'm so envious of. F*ck me raw, another textbook worth of options learning from @destriero in compressed format. Here goes another evening's worth of studying...
@Ironplates Dude, you gotta plant at least ONE tree! Blackthorne Capital, at Tim's death, had less than $4K in assets (zero billions there), and according to the lawyer that Tim's family is using, Tim Morge had not placed a single trade in a decade! Those 8 brokers, trading around the clock, NEVER existed!!! Outstanding con job, I must admit, involving the CME, IB, University of Chicago, Stanford, MIT, Amos Hostetter, Commodities Corporation, Queen Elizabeth, etc. And fund clients like Steve Jobs, Michael Dell, Saudi Royal family, and close friends like Stanley Druckenmiller, Richard Dennis, etc. You get the point; all fabrications...
Just like to point out here that you mean a "depository". A "suppository" is something all-together different, and it involves cavities of the body.