Retail investor: I read that most options expire worthless. That's why I'll never touch them.


Me: You just made the argument FOR selling them.
Retail investor: ...what?
Me: If most contracts expire worthless, who's losing? The BUYERS. & who's keeping all that premium? The sellers.
Retail investor: So the stat everyone uses to trash options...
Me: That's the key thing... it's the single best reason to be a SELLER. The graveyard of worthless contracts.
Retail investor: So the scary part is just using them in the wrong way...
Me: yep... I sell portfolio secured puts 1+ year out on great companies at good prices & let it work for me, month after month, year after year.
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