Yes, but this sub used to be focused on unbiased information which we've slowly fallen away from. This entire Options narrative has been extremely biased. It's people against it or for it and it's polarizing. Most apes should ignore it completely.

If you know what you are doing and HAVE EXPERIENCE in option trading, then by all means take the risk... If you don't, then educate yourself and don't throw yourself into the deep-end without ever having firsthand experience of how risky options are.

Fact is, all options are risky. You don't negate that risk unless you are buying DEEP ITM Calls. You "safe" ITM Call options can become very risky and unsafe. If the price drops a lot and quickly.

This whole giant wedge forming TA posts and the sudden urge to throw ourselves into options is all majorly sus. You have to realize the wedge can break downwards. Of course we don't want it to but it can. I've seen it happen, aggressively, a lot.

If it hypothetically does, then IV [Implied Volatility] will destroy your hundreds, if not, thousands of dollars in the matter of seconds. It's also a difficult to hedge options for GME because we don't want to short it, so that makes the risk even higher.

This debate is a double edged sword- Options can add a lot of pressure, but, it could also persuade more desperate apes to YOLO their money. A few years ago I did the just that, I went from 2k in the hole to 17k, and there isn't a worse feeling.

That's why it's so important that Apes absolutely know what they're doing or stay tf away! And don't try and give yourself a crash-course speedrun...You need a lot of experience in learning and paper trading options. Then, actual firsthand experience.

It is so easy to lose thousands and dig yourself into a deeper darker hole. Gamblers fallacy takes over and the loss and distress becomes overwhelming and compounding. Be careful Apes! DRS and HODL is the way!