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Options are considered binary plays: they either expire in the money, or they expire worthless. It would be trivially simple to empty out your entire account b
by rrrrrrrrrrrryan 6y ago
Options are considered binary plays: they either expire in the money, or they expire worthless.
It would be trivially simple to empty out your entire account by buying foolishly deep out-of-the-money options. (E.g. betting that GameStop shares will be worth $800 by the end of the week).