Deep Options 01 Why Being Right on Direction Is Often Not Enough

Being right doesn't means being profitable

Most people approach options with a stock trader’s mind.

They see a market view, translate that view into a call or a put, and assume the trade will work if the underlying moves in the expected direction. If they are bullish, they buy calls. If they are bearish, they buy puts. The logic feels clean, almost obvious. A call is a levered way to express upsi…