After reading Fooled by Randomness, I tried to replicate Nassim Taleb's strategy of buying far OTM options in anticipation of a particular stock being outed as

After reading Fooled by Randomness, I tried to replicate Nassim Taleb's strategy of buying far OTM options in anticipation of a particular stock being outed as a fraud. I made a killing when a certain blockchain company traded on NASDAQ was investigated by the SEC and soon faced delisting. With those winnings, I went all in-purchasing near expiry far far far OTM put options, expecting imminent OTCBB quotes. It took 2 months for it to happen and my put options expired worthless. So what I learned is that I suck at trading and I should not gamble.