Reddit User Risks And Loses $600,000 Inherited Home That Didn't Fully Belong To Him In High-Stakes Options Gamble: 'My Life's Over, Here's My Final Advice' https://www.msn.com/en-us/money/new...ife-s-over-here-s-my-final-advice/ar-AA1hetIc
Seems like that article was written by AI. Not sure the details, but this could well be one side of a spread that was assigned. He could be fine, or have gotten out with a much smaller loss. Hard to say.
Obviously, he didn't do demo trading. It is like jumping from an airplane without going through sky driving courses.
MSN should cover the other, happier side of this story... Ken Griffin made enough off this idiot to pay his lawyers (suing Sony for some movie) for at least a few of their billable hours. Maybe even a small goldfish pond off his back deck.