I think his description of what a call option is missed the "...and over 50% of them expire worthless" part. I trade options a fair amount and have done so for

I think his description of what a call option is missed the "...and over 50% of them expire worthless" part. I trade options a fair amount and have done so for many years, and I make good money doing it, but I don't have the balls to go all-in on a contract that stands a 50/50 chance of going poof come expiration day. I don't think anyone that has working knowledge of what they're doing with options has that kind of testicular fortitude, at least not without feeding a gambling problem. Options are supposed to be a hedge, by my understanding (even though I personally don't use them that way); but call them what you like, just don't call them a "safe bet" no matter the underlying stock.