Is it just me, or does it seem like everyone is suddenly an “expert” in options trading? I keep seeing these social media gurus pushing aggressive strategies that are clearly high risk. Does anyone else feel like this kind of hype is giving options a bad name with everything that's going on?

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They are an “expert” on farming for views, which translates into cash. As a consultant I am also an expert on the topic of the week.

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I’ve noticed it too, and it’s concerning. A lot of new traders get pulled in by the hype, not realizing the risks behind those “easy wins.” I think it’s on us experienced folks to be louder with transparency and help set realistic expectations.

Haven't options had a bad name since the whole Wallstreetbets story went mainstream? The top posts in that sub don't exactly paint the most flattering picture of options or the market as a whole. But yes, I see the same con artists on IG and in YouTube Ads. I don't typically ascribe to the "those who can, do; those who can't, teach" maxim, but this is one instance where I think it definitely holds true. If you're making as much money as they claim to, you'd have no need to shill an ebook or course for one low payment of $199.99.

The existence of experts with dubious credentials is nothing new, they've existed since the days of Jim Fisk and Jay Gould. And there were infomercials where some bro at 3 am could teach you an options strategy. What's different now is that social media has accelerated things enormously. Anybody can set up a YouTube channel or a TikTok account. Funny to think there used to be some barriers of entry to being a total huckster, but those barriers are now gone.

I had to know hedging strategies for my last job. I assume you mean the Tik Tok kids buying options to sell instead of execute?

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