> This is a very common fallacy I've noticed reading about "options strategies" by extreme amateurs: because the options strategy is complicated, I am smart for

> This is a very common fallacy I've noticed reading about "options strategies" by extreme amateurs: because the options strategy is complicated, I am smart for understanding it (at a basic level) and thus it must be a good strategy. They don't hold up to scrutiny THIS. so much this. I admit I fell into this trap after reading about iron condors. "I can print money now from home" I thought, "omg I am so smart creating these exotic positions".