(FYI casinos have among the highest daily throughput of money and do not even compare with the crypto-token industry.) The whole financial system is based on r

(FYI casinos have among the highest daily throughput of money and do not even compare with the crypto-token industry.) The whole financial system is based on risk management. Options and other derivatives are fundamental tools to that extent. Here is a simplified example: you have two products A and B. You toss a coin: on heads A returns $100 otherwise $0 and B does the reverse. What is the expected value of A or B? What is that of A and B together -- do you want to re-evaluate A or B now? That is what options give you. And there is no such thing as the house kicking you out if you have any advantage. Which casinos do. So comparing casinos and selling or buying options is fundamentally flawed. If you go in and start selling or buying with no idea what you are doing, well yeah you are doomed. It is like asking a 5 year old to fix a jet engine. It might manage to do so, but guess what is most likely to happen. Any serious broker will get you through a bunch of questions to allow you to trade options or even basic stocks. And they will offer assistance etc. That is something you should blame some platforms with. They are not blameless. But they are not casinos or lotteries. But serious people spend time modeling etc before even thinking of placing a trade. They don't walk in and buy a next day expiration contract... Which is something that a lot of people entering for a quick buck do. I am sorry but at some point we need to say to the patient "ok, you want to kill yourself, go ahead but don't damage your family." There are other industries that the casino metaphor better fits: gaming (EA aka most hated company) and lotteries (aka state theft/extra tax) are some.