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re: Wanna yolo? Buy some calls on volatility.

Posted on 3/15/24 at 2:56 pm to
Posted by GAFF
Georgia
Member since Aug 2010
2450 posts
Posted on 3/15/24 at 2:56 pm to
How is it a myth?

Someone sells the call or put. Someone buys it. It may be sold many more times until expiration but when it expires someone is holding it. Either it expires worthless and the holder is out of money or it is assigned and the seller takes a loss (from its current stock value). Unless I’m misunderstanding how options work.
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