re: Wanna yolo? Buy some calls on volatility.

Yes you do misunderstand options badly. 95%+ of volume isn’t between you and another person like me. It between you and a dealer who uses a hedging algo to buy and sell the underlying asset such that he has zero directional risk and simply collects the premium. Something Jag and I do. One side almost always wins (the dealer/market maker) but that doesn’t mean it’s a zero sum game either.