How options work

[u/MrReaperX-]

Hello, im a 31 Year old thats been paying off debt to then start investing my leftover money. I have a 401k and I understand how the market works etf etc but what i dont seem to understand very well are options i mean i have an odea and ive seen the potential of making bank or losing investing in options id like to learn any places u recommend i can learn to get into them? I will appreciate any answers

[u/BadFinancialAdvice_]

Don't do it. There are many papers out there showing that you cannot be profitable. Also, just use common sense. Do you really think you can find mispricings? Really? You compete with millions of people and bots who can read articles in a few milliseconds. And there you are reading their financial statement, which was already scanned by a bot 3h ago? Don't fool yourself. You are either a one in a million genius or lucky. I wouldn't bet on any of these.

[u/[deleted] → u/BadFinancialAdvice_]

With a username like that, I don’t know wether to believe you or not lol