WOW, I debated whether to even respond to that!. Somehow you completely misunderstood the basis for my post. Maybe it was my fault, in how I entered it. First, there was a small joke in it.
Second, how would you equate a 42% YTD return to the return of the market as a whole, which is zero?
Thirdly, the stats in options are what they are. 90% of them expire worthless. This means that the holders of those have lost 100% of their investment. This ratio has been in place for decades. The people that make money trading options are those who write them. They gather the premium up front, and bank on the 90% expire worthless stats.
Please as someone who has been in this business for 20 years, I just implore you to use some caution in options trading. It is not high risk per se, but it is a very high failure rate due to what I stated above.
Also, they are not very liquid, you buy retail and sell wholesale when you trade them. Also, be careful of any brokers you deal with. Most of them only push their firms options recommedations. Very few if any of these are profitable over time, other than the commissions generated for the brokers.
The main point of my post was just to point out one of many things, that offer higher rates of return than conventional investments.
It does sound like you are being completely open and honest about your experience, which is one of the great things about this forum.
