Quote:
Originally posted by johnnymk
"Odds of winning and losing."
Sounds like gambling to me.
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Again, its only gambling if you can't control the outcome. Options COMPLETELY control the downside outcome if you buy them.
So, gambling is a 50/50 chance. Options are a KNOWN $3 MAXIMUM loss and an UNLIMITED potential gain. You are CERTAIN you will ONLY lose $3. Shizzit, if I could go to Vegas and ensure that I will ONLY lose $3 but will gain unlimited, I would make myself rich quite easily.
The only thing you are 'gambling' with is how much you gain.
LK