Options trading often feels like a maze of jargon and Greeks, but fundamentally, it's a calculated bet on an asset's future price movement. Like any bet, you must know the stakes before you play. In this deep dive, we strip away the fluff to provide the cold, hard boundaries of your financial exposure. We break down the "Long Game" of buying options, where your loss is strictly limited to the premium paid, while your upside could be theoretically unlimited. Then, we flip the coin to the "Shor...
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